New Delhi: The proposed modernisation of Chennai airport could be stuck on the issue of compensation.
Sources told Business Line that the Army is keen that the piece of land being given as compensation be equal in size and value to what is being surrendered by it for the airport.
Sources indicated that approximately 20 acres of Defence land are required to make additional hangars and to increase the operational efficiency of the airport.
Sources indicated that the international terminal building could face some delay if the defence land is not vacated soon.
After modernisation, the airport will be able to handle 40 aircraft movements an hour, up from the current 30, with the number of aircraft parking bays going up to 84 from the current 70.
Traffic projections for the airport show that while it handled 1.05 crore passengers in 2009-10, this figure is expected to touch 1.19 crore in 2011-12 and reach about 1.30 crore the following year.
14/11/10 Business Line
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Monday, November 15, 2010
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Defence stand on compensation may delay Chennai airport expansion
Monday, November 15, 2010
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