The Airports Authority of India (AAI) has leased out eight airports underneath Public-Non-public Partnership (PPP), of which seven airports are managed by Adani Enterprises Restricted (AEL), Minister of State for Civil Aviation Gen VK Singh (retd) mentioned within the Rajya Sabha right this moment.
“To date, Airports Authority of India (AAI) has leased out eight airports specifically, Delhi, Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru for Operations, Administration and Improvement underneath Public-Non-public Partnership (PPP). Out of those, seven airports viz. Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru are managed by M/s Adani Enterprises Restricted (AEL),” Gen Singh (retd) mentioned in a written response to Rajyasabha member Ok Somaprasad.
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On whether or not the operation of Trivandrum airport has been initiated totally by Adani Trivandrum Worldwide Airport Restricted (ATIAL), the minister mentioned in accordance with phrases of the Concession Settlement, ATIAL has commenced the administration, operation and growth of the airport from October 14, 2021.
The Adani Group had forayed into the airport’s sector in 2019. In February 2020, the corporate signed the Concession Settlement (CA) for 3 airports and subsequently commenced operations in Mangaluru Worldwide Airport (Mangaluru) on thirty first October 2020, Chaudhary Charan Singh Worldwide Airport (Lucknow) on 2nd November 2020 and Sardar Vallabhbhai Patel Worldwide Airport (Ahmedabad) on seventh November 2020. Adani Airports will function, handle and develop all six airports for 50 years.
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