Civil aviation ministry is exploring management contract or a joint venture partnership route to manage Chennai, Kolkata and four other Airport Authority of India-run airports.
"There are problems related to maintenance and services at Chennai and Kolkata airports. We need professional management for airports which will handle marketing and concessionaires. We will appoint consultant and study models,'' said civil aviation minister Ajit Singh. He indicated that the government will look at both management contract model or a joint venture partnership between the AAI and private companies.
In case of management contract the selected firm will maintain and operate airport, handle the concessionaires and share revenue with the AAI and in case of joint ventures the airport asset could be transferred to the JV company. "No AAI employee will lose job,'' the minister asserted but AAI unions have been objection to the proposal and had threatened to go on mass leave earlier this moth.
04/07/13 Aneesh Phadnis/Business Standard
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"There are problems related to maintenance and services at Chennai and Kolkata airports. We need professional management for airports which will handle marketing and concessionaires. We will appoint consultant and study models,'' said civil aviation minister Ajit Singh. He indicated that the government will look at both management contract model or a joint venture partnership between the AAI and private companies.
In case of management contract the selected firm will maintain and operate airport, handle the concessionaires and share revenue with the AAI and in case of joint ventures the airport asset could be transferred to the JV company. "No AAI employee will lose job,'' the minister asserted but AAI unions have been objection to the proposal and had threatened to go on mass leave earlier this moth.
04/07/13 Aneesh Phadnis/Business Standard
