New Delhi : Air traffic control (ATC) operations will start functioning as a new entity from April next year. As of now, the air navigation service comes under the Airports Authority of India (AAI), the state-owned airport operator.
In the US and Europe, ATCs operate as separate company. “The new company will be called Air Navigation Services Corporation of India. But a decision is yet to be taken on whether it will function as a separate company or AAI’s subsidiary,” said a senior AAI official, who did not want to be identified.
AAI would like the company to operate as a subsidiary in order to make sure that the revenue does not go out of its kitty. ATC operations account for over 60 per cent of AAI revenues. The rest of the revenue comes from operating 87 airports across the country.AAI earned Rs 4,186 crore and made a profit of Rs 687 crore in 2008-09.
05/08/11 Mihir Mishra/Business Standard
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