Friday, July 17, 2015

IATA against outright sale of AAI-developed metro airports

Mumbai: Opposing the privatisation of the already-developed four state-run airports in the country, global airlines body IATA today said that an all-out sale will ramp up costs and will only benefit the operator.

Talking to a select group of reporters here, International Air Transport Association (IATA) director general and chief executive Tony Tyler said: "My suggestion is that the government should carry out a rigorous cost-benefit analysis before taking a decision on these four Airports Authority-run airports in Chennai, Kolkata, Ahmedabad and Jaipur."

"Whatever be the decision, it should not lead to repeat of what has happened in Delhi, Mumbai and Bangalore where airport user fees have shot over roof," Tyler added.

Opposing outright privatisation of these four airports, Tyler argued that "if attracting investment is the purpose of selling out these airports to private parties, then there is no logic in that as the AAI has already developed the infrastructure in these facilities.
16/07/15 PTI/Business Standard
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