Many aviation industry watchers are sceptical about the civil aviation ministry's recently-announced plans to build 200-odd more airports across the country in the coming two decades. Aviation experts point to the fact that most of the existing airports are loss-making and thus are financially non-viable. They question the wisdom behind adding to this roster of non-performing airports.
While certain elements in the airline industry blame the government's poor planning and execution for the plight of the existing airports, others are hopeful that the government will first try to turn around its loss-making airports before building new ones.
A cursory look at the latest balance sheet released by Airports Authority of India (AAI) reveals that most of the airports are in the red. For example, airports in the Western Indian region (except for Goa, Mumbai, and Pune) are loss-making ones. These include airports at Akola, Kandla, Aurangabad, Bhavnagar, Bhopal, Bhuj, Diu, Gondia, Indore, Jabalpur, Jamnagar, Keshod, Kolhapur, Porbandar, Rajkot, Songarh, Soplapur, Surat, Vadodara, Ahmedabad, and Juhu.
14/01/15 Shahkar Abidi/Daily News & Analysis
To Read the News in full at Source, Click the Headline
While certain elements in the airline industry blame the government's poor planning and execution for the plight of the existing airports, others are hopeful that the government will first try to turn around its loss-making airports before building new ones.
A cursory look at the latest balance sheet released by Airports Authority of India (AAI) reveals that most of the airports are in the red. For example, airports in the Western Indian region (except for Goa, Mumbai, and Pune) are loss-making ones. These include airports at Akola, Kandla, Aurangabad, Bhavnagar, Bhopal, Bhuj, Diu, Gondia, Indore, Jabalpur, Jamnagar, Keshod, Kolhapur, Porbandar, Rajkot, Songarh, Soplapur, Surat, Vadodara, Ahmedabad, and Juhu.
14/01/15 Shahkar Abidi/Daily News & Analysis
