Civil aviation ministry to privatise 25 more AAI airports across India
AVIATION & AIRPORTS

Civil aviation ministry to privatise 25 more AAI airports across India

The Minister of State for Civil Aviation, V K Singh, informed the Lok Sabha that the government had selected 25 airports operated by the Airports Authority of India (AAI) for monetisation under the National Monetisation Pipeline in the next four years.

These airports are Kozhikode, Coimbatore, Madurai and Trichy. The Kozhikode airport is located 28 km away from the city. It has extended its runway to 2,700 m. This airport is among the third tabletop airports in India.

The government has selected those airports which have annual passenger traffic of over four lakh. In 2019-20, the Kozhikode airport had passenger traffic of 32,29,910.

In 2020 after Air India overshot the runway and plunged into a 35-foot gorge, killing 21 people and 84 injured, operations of the wide-bodies aircraft were suspended. It was banned from 2015, and the Directorate of Civil Aviation issued a no-objection certificate (NOC) with stringent conditions in 2018.

Former Director-General of the Civil Aviation, E K Bharat Bhushan, said that the airport disinvestment could improve efficiency. It can also accelerate development in Malabar. The short runway of the Kozhikode airport is the drawback, and its land acquisition has been challenging.

Image Source

Also read: Govt to complete privatisation of 13 airports by end of FY22

The Minister of State for Civil Aviation, V K Singh, informed the Lok Sabha that the government had selected 25 airports operated by the Airports Authority of India (AAI) for monetisation under the National Monetisation Pipeline in the next four years. These airports are Kozhikode, Coimbatore, Madurai and Trichy. The Kozhikode airport is located 28 km away from the city. It has extended its runway to 2,700 m. This airport is among the third tabletop airports in India. The government has selected those airports which have annual passenger traffic of over four lakh. In 2019-20, the Kozhikode airport had passenger traffic of 32,29,910. In 2020 after Air India overshot the runway and plunged into a 35-foot gorge, killing 21 people and 84 injured, operations of the wide-bodies aircraft were suspended. It was banned from 2015, and the Directorate of Civil Aviation issued a no-objection certificate (NOC) with stringent conditions in 2018. Former Director-General of the Civil Aviation, E K Bharat Bhushan, said that the airport disinvestment could improve efficiency. It can also accelerate development in Malabar. The short runway of the Kozhikode airport is the drawback, and its land acquisition has been challenging. Image Source Also read: Govt to complete privatisation of 13 airports by end of FY22

Next Story
Resources

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Next Story
Technology

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Next Story
Infrastructure Urban

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->