Thursday, January 22, 2009

International airport at Mohali to be ready in two years

Mohali: The upcoming international airport will start functioning from 2011. A decision to this effect was taken at a recent meeting of Airports Authority of India (AAI) held in Delhi. It has already been decided that international flights would start from the existing airport from June this year.
A copy of minutes of the meeting, received by Greater Mohali Area Development Authority (GMADA), said that the project would be completed in two phases, sources said.
According to GMADA officials, “AAI will bear all the capital expenditure and will also depute staff. The airport would be used not only for domestic and international flights, but cargo planes carrying flowers, agro products and garments would also take off from here.”
AAI had in its recent meeting discussed at length the preliminary report submitted to the civil aviation ministry last month by PricewaterhouseCoopers, who was appointed as consultant for the airport project, sources said. In the report, the consultant has also defined the role of three partners - AAI, who holds 51% stake, GMADA and Haryana, who holds 24.5% each - in the joint venture formed for the project.
22/01/09 Times of India
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