Friday, May 31, 2019

AAI to to improve land documentation for airports across India

New Delhi: State-run Airports Authority of India (AAI) has tied up with NTrust Infotech–Anarock Consortium for asset rationalization, lease administration and related services on pan-India basis through “lease administration technology”, in a bid to make asset documentation a “robust and real time process”. The state-run airport operator has signed up with the consortium for three years.
AAI member (finance) S Suresh said this pact will help the authority in rationalizing its assets by making use of best potential of land and properties. Anil Gupta, AAI’s ED (land management and business development) said tying up with NTrust Infotech–Anarock Consortium will help AAI — that manages 129 airports across India — in identifying best potential of land asset and improve revenue stream.
“AAI is committed towards upgrading itself continuously with best in class system technology and knowledge for streamlining day to day operations bringing higher efficiency and transparency,” AAI said in a statement.
31/05/19 Saurabh Sinha/Times of India
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