Jamshedpur, Vijaynagar, Mundra airports get nod to go commercial

New Delhi: The civil aviation ministry has approved proposals for expansion of three private corporate airports, in Jamshedpur, Vijaynagar and Mundra, for use by commercial airlines, signalling the restarting of private airports.
Tata Steel Ltd’s airport at Jamshedpur in Jharkhand, JSW Steel Ltd’s Vijaynagar airstrip in Karnataka and an airport in Mundra run by the Adani Group in Gujarat will now join Cochin International Airport Ltd, which, for over a decade, has been India’s only wholly owned private airport.
Other private-led consortia lead airport managements at New Delhi, Mumbai, Bangalore and Hyderabad, but these airports are on long-term leases with a minority participation of Union state governments. The move for new airports comes some weeks ahead of the government’s announcement of a new merchant, or private-owned, airport policy that will allow private developers with their own land to construct and operate airports with no government funding or support.
30/08/07 Tarun Shukla/Livemint

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Categories: Airports Aug 2007, New Aug 2007