Thursday, May 04, 2017

Ground reality: airports in smaller towns are bleeding

Karnataka recently identified 19 airports for regional connectivity. But even Mangaluru, which has international connectivity, is under losses

In a bid to boost tourism and enhance air connectivity in the state, government had recently identified 19 airports to be developed under regional connectivity scheme.

However, data reveals that none of the existing airports in the state barring the Kempegowda International Airport (KIA) has made any profit in the last few years.

The government had signed a memorandum of understanding with the Ministry of Civil Aviation to develop these 19 airports under the scheme.

The Airports Authority of India (AAI) controlled airports in Belagavi, Hubballi, Mangaluru, Mysuru along with the HAL airport (owned by the defence PSU) has been incurring losses.

According to Ministry of Civil Aviation the Belagavi, Hubballi, Mangaluru, Mysuru incurred losses over the last four years, while the HAL airport barring the 2013-14 period did not post any profit.

The Mangaluru airport incurred the highest loss in the last four years among the functional airports under the control of AAI in the state.

The Mangaluru airport which is the only airport in the state apart from KIA to operate international flights suffered a loss of Rs 76.35 crore between 2012 and 16.
04/05/17 Hemanth C S/Bangalore Mirror