Friday, August 07, 2015

Airport Authority of India exploring foreign foray

New Delhi: The Airports Authority of India is planning to spread its wings in other countries even as foreign developers and private firms are trying to make deeper inroads into the domestic aviation arena.

Senior AAI officials told Bloomberg TV India that the authority is studying international markets to build airports. AAI is also trying to evaluate whether management contracts in these places will be more lucrative or operational contracts.

Since AAI has the expertise required to build and run airports successfully, an official said AAI would want to try their luck abroad.
06/08/15 Veena Mani/Bloomberg
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