Mumbai: The civil aviation ministry has dropped its plan to privatise six Airport Authority of India (AAI) airports on a long term lease basis. Instead the government wants to appoint private companies to run these airports on a management contract on a revenue share basis.
“We are going in for a management contract. A request for a proposal is being prepared,” said Civil Aviation Minister Ajit Singh.
The ministry has been planning to develop six AAI-run airports — Chennai, Kolkata, Ahmedabad, Lucknow, Jaipur and Guwahati - on a public private partnership (PPP) basis. Last month, an inter-ministerial group gave its nod to develop Chennai and Kolkata airports on the PPP model on the lines of Mumbai and Delhi airports. The Planning Commission too has been in favour of the PPP model of development for AAI airports on a long-term lease basis.
Singh, however, said the AAI airports would not be sold or leased to private companies and the government would continue to own the assets.
He said these airports would require expansion and some would require construction of new terminals in the next three to five years and the government would take a call on the development model for expansion at a later date.
28/08/13 Aneesh Phadnis/Business Standard
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“We are going in for a management contract. A request for a proposal is being prepared,” said Civil Aviation Minister Ajit Singh.
The ministry has been planning to develop six AAI-run airports — Chennai, Kolkata, Ahmedabad, Lucknow, Jaipur and Guwahati - on a public private partnership (PPP) basis. Last month, an inter-ministerial group gave its nod to develop Chennai and Kolkata airports on the PPP model on the lines of Mumbai and Delhi airports. The Planning Commission too has been in favour of the PPP model of development for AAI airports on a long-term lease basis.
Singh, however, said the AAI airports would not be sold or leased to private companies and the government would continue to own the assets.
He said these airports would require expansion and some would require construction of new terminals in the next three to five years and the government would take a call on the development model for expansion at a later date.
28/08/13 Aneesh Phadnis/Business Standard
