Monday, November 17, 2008

Pvt airports set to send SOS to govt

Hyderabad: After airlines, it’s the turn of airports to send an SOS to the government for help to counter falling traffic and therefore, revenues.
The Hyderabad-based GMR group, which operates the Hyderabad and Delhi airports, is planning to approach the government for “help”.
“We are yet to make up our mind on the kind of help we should be seeking from the government. We will decide on it shortly. But, we think we have a legitimate right and case for doing so,” GMR Hyderabad International Airport (GHIAL) CEO P S Nair said.
The GVK group, which operates the Mumbai airport, is also keen that the government expedite the process of taking certain decisions, which it is supposed take as per the concession agreement, with the passenger traffic dropping in the airports.
Though GHIAL, which operates the Hyderabad airport, is yet to decide on the nature and quantity of the support it needs, it feels seeking the government’s support would be inevitable.
“Passenger traffic has come down. Airlines have the option to stop flying and ground aircraft. An airport does not have a choice. We can’t switch off even a light despite the downturn,” Nair said.
17/11/08 K V Ramana/Daily News & Analysis
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