Kozhikode: A tough task awaits the Ministry of Civil Aviation that is planning to lease out the Calicut International Airport along with nine other airports managed by the Airports Authority of India (AAI) in a phased manner.
Calicut is on the list of five airports chosen for expansion in the public-private partnership (PPP) mode this year. The lease plan comes even as the Centre has not yet been able to finalise the privatisation of the Thiruvananthapuram airport as the State government has opposed its lease to the Adani Group. The State government has written to the Ministry not to privatise the Thiruvananthapuram airport where Adani Enterprises Limited (AEL) has successfully bid to operate, manage and develop for a 50-year period.
In the case of Calicut, AAI sources said the airport was not viable for commercial exploitation by leasing out space to private companies. The airport required land from the government for development activities including expansion of the runway, building complexes or parking lots, they said.
However Calicut airport has been witnessing an upward trajectory despite the commissioning of the Kannur International Airport, the second greenfield airport built on PPP model in the State.
It handled 27,48,275 international and 6,12,579 domestic passengers during the 2018-19 fiscal. The passenger volume witnessed an increase of over 7% compared to the corresponding period in 2017-18. The total revenue of the airport stood at ₹250 crore, of which 50% was profit. At present, the airport has 240 employees.
27/07/19 The Hindu
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Calicut is on the list of five airports chosen for expansion in the public-private partnership (PPP) mode this year. The lease plan comes even as the Centre has not yet been able to finalise the privatisation of the Thiruvananthapuram airport as the State government has opposed its lease to the Adani Group. The State government has written to the Ministry not to privatise the Thiruvananthapuram airport where Adani Enterprises Limited (AEL) has successfully bid to operate, manage and develop for a 50-year period.
In the case of Calicut, AAI sources said the airport was not viable for commercial exploitation by leasing out space to private companies. The airport required land from the government for development activities including expansion of the runway, building complexes or parking lots, they said.
However Calicut airport has been witnessing an upward trajectory despite the commissioning of the Kannur International Airport, the second greenfield airport built on PPP model in the State.
It handled 27,48,275 international and 6,12,579 domestic passengers during the 2018-19 fiscal. The passenger volume witnessed an increase of over 7% compared to the corresponding period in 2017-18. The total revenue of the airport stood at ₹250 crore, of which 50% was profit. At present, the airport has 240 employees.
27/07/19 The Hindu
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