In 1921, the Port Authority of New York and New Jersey, a joint venture between the US states of New York and New Jersey, was established. Today it encompasses four seaports, four airports, one heliport, six tunnels and bridges and bus and rail networks in the New York region. While India has in recent times built a few large private airports, the majority of the airports are still owned by the Central government through the Airports Authority of India (AAI).
The Draft National Civil Aviation Policy 2015 is looking to change that. It aims to build aviation infrastructure to handle 500 million domestic and 200 million international air travellers by 2027. That is a good ten times the 70 million people who travelled on the domestic network during 2014-15. That’s quite an ambitious plan. But, this time round, the focus is not on building huge terminals like T3 at New Delhi’s Indira Gandhi International Airport but on building low-cost, no-frills airports in smaller towns on a stripped down budget of R50 crore each.
The growth of small airports is important, since India which is currently the ninth largest aviation market at $16 billion is estimated to be the third largest by 2020. For that to happen, the civil aviation infrastructure has to expand beyond the big cities.
11/11/15 Anup Jayaram/The Financial Express
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The Draft National Civil Aviation Policy 2015 is looking to change that. It aims to build aviation infrastructure to handle 500 million domestic and 200 million international air travellers by 2027. That is a good ten times the 70 million people who travelled on the domestic network during 2014-15. That’s quite an ambitious plan. But, this time round, the focus is not on building huge terminals like T3 at New Delhi’s Indira Gandhi International Airport but on building low-cost, no-frills airports in smaller towns on a stripped down budget of R50 crore each.
The growth of small airports is important, since India which is currently the ninth largest aviation market at $16 billion is estimated to be the third largest by 2020. For that to happen, the civil aviation infrastructure has to expand beyond the big cities.
11/11/15 Anup Jayaram/The Financial Express
