Chennai airport to be part privatised

Chennai: Ending months of speculation, Union Minister of Civil Aviation Ajit Singh on Saturday said that the newly constructed Chennai airport would have to be partly privatised. Speaking exclusively to Express while visiting Chennai for the first time after he took charge of the Civil Aviation Ministry, Singh said, “When the project was started, it was intended to be a Public Private Partnership model. In between, AAI (Airports Authority of India) believed that they could run operations but we now feel that partly privatising it will be for the best,” and added that a similar move will be effected for Kolkata airport as well. Chennai and Kolkata are the only two major airports that have ot yet been part-privatised in the country.
22/07/12 New Indian Express/IBN Live

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Categories: airports Jul 2012