Thursday, March 29, 2012

AAI gives nod to share the cost with Maharashtra Airport Development Company

Nagpur: The 3,200-metre runway of Dr Babasaheb Ambedkar International Airport will finally get a much-awaited resurfacing soon. The Airports Authority of India (AAI) has given a nod to equally share the cost of runway resurfacing work with Maharashtra Airport Development Company (MADC).
On Thursday, after taking stock of development works and inspecting the newly-installed Indra-ATC automation system at the city airport, AAI chairman V P Agrawal announced that AAI will share the amount of Rs 25 crore jointly with MADC and will ensure that the runway is resurfaced soon.
Agrawal admitted that due to the increase in air traffic at the city airport, the existing runway requires resurfacing immediately. However, as the city airport, managed by the joint venture company Mihan India Limited (MIL), is suffering heavy losses, getting funds had become a difficult task.
30/03/12 Sachi Dravekar/Times of India
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