AAI received passenger fee of Rs 2,032 cr from six leased airports: Govt

Quick Summary:

Airports Authority of India (AAI) has received passenger fees totalling about Rs 2,032 crore till June this year from the private partners operating six airports that were leased out in 2019.

"AAI has also received an amount of approximately Rs 2,758 crore from the private partners of these six airports in the form of upfront fee towards the capital expenditure incurred by AAI at these airports," Minister of State for Civil Aviation Murlidhar Mohol told Lok Sabha on Thursday.

The airports at Lucknow, Ahmedabad, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram have been leased out to Adani group under the Public Private Partnership (PPP) since 2019.

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Category: BusinessFinance

Markets: India

Topics: Airport Authority of India AAI Indian airports AAI airports

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 02:32:21 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 367 words

Reading Time: 3 minutes read

Sentences: 12 lines

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Copyright Owner: © Business Standard

News ID: 21992078

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