Thursday, May 24, 2018

Govt plans to hand over O&M of Ahmedabad, Jaipur, three more airport terminals to private players

New Delhi: The aviation ministry is revising the terms of handing over operation and management (O & M) of airport terminals at Ahmedabad and Jaipur to private players after failing to do so under the old terms. Aviation secretary R N Choubey said earlier O & M of only the terminal and car parking was sought to be handed over to private player. Now, the management of airside and cargo is being added to the list. And on the same principle, O & M of three more airport terminals — which are yet to be decided — will be offered to private players.
“Under the revised terms, bids for Ahmedabad and Jaipur will be issued by June 15 and then by July-end, bids for three more airports will be floated,” Choubey said. Under the previous bid terms, Ahmedabad and Jaipur had got one valid bid. Being a single bid, the government had decided not to hand over the terminals to them.
“The ownership of these airports will remain with the Airports Authority of India (AAI). The revenue share model has also been tweaked from sharing gross revenue to a per passenger revenue now,” Choubey said. The government is tightlipped which are the three other airports terminals that would be bid out.
23/05/18 Saurabh Sinha/Times of India
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