Patna airport on recovery path

Patna: The Jayaprakash Narain International Airport of the city appears to be on a recovery path. It has witnessed a marked improvement in revenue collection in the current fiscal (2007-08) year.
Against a target of Rs 10 crore this fiscal, the airport has already ensured an earning of Rs 1.26 crore from advertisements alone. If one adds the likely earnings of the other non-traffic and traffic sources to it, the airport will in all likelihood not only meet its annual revenue target, but actually exceed it. Massive surge in advertisement revenue is one of the main reasons for this turnaround as in the previous two financial years, revenue collected from this source did not even touch Rs 5 lakh figure. And the result was for everyone to see when there was a gap of about Rs 3 crore and Rs 87 lakh between the income and expenditure in 2005-06 and 2006-07 respectively.
The list of positives does not end here, as the AAI is also exploring ways to earn more from its existing infrastructure. One such step is to provide space for opening aircraft fuel depot by one of the private petroleum companies, which in turn would pay rent for using the airport land.AAI has also received expression of interest from two private airlines which want to use the existing bays for parking of planes in night.
01/11/07 Sanjeev Kumar Verma/Times of india

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Categories: Airports Nov 2007