Tuesday, February 28, 2017

Losses at airport likely to touch Rs 49 cr in current fiscal

Losses of the Sri Guru Ramdas Jee International Airport are likely to touch Rs 49 crore in the current fiscal ending on March 31, compared to last year’s nearly Rs 35 crore.
Airport director Venkateshwar Rao categorically said, “It does not mean that the economic health of the airport is bad, as it includes operational cost, capital investment for development and depreciation. At present, development works over Rs 110 crore are underway at the airport”.
He said the annual footfall of passengers at Sri Guru Ramdas Jee International Airport is likely to cross over a record 15 lakh this financial year (2016-17), which will qualify it to be declared as a major airport.
He said that Business Development Cell of the Ministry of Aviation has sought expression of interest for the airport’s city beautification plan. As per this, a five-star hotel and a three-star hotel with a food and beverage hub will come up in the airport complex. Besides, a multi-layer car parking facility would also be set up.
He said that two more aero-bridges would be constructed by September while an equal number of these are already available.
27/02/17 The Tribune