Wednesday, October 13, 2021

New era dawns for Trivandrum Airport, Adani at the helm from tonight

Thiruvananthapuram: A new era dawns for the Trivandrum International Airport as one of India's greatest business houses will chart its future course from tonight onwards.

The Adani Trivandrum International Airport Limited (ATIAL) will take over from the Airports Authority of India (AAI) the management of the airport in Kerala's capital city at midnight on Wednesday.

ATIAL, a subsidiary of Adani Enterprises Limited, will maintain and manage the airport for the next 50 years.

The Chief Airport Officer of ATIAL G Madhusoodana Rao will officially take over the charge from Airport Director CV Raveendran. Rao was earlier with the AAI.

The airport will function with the participation of the current AAI employees, who will be retained for three years. After three years, they could either be part of Adani Airports or get transferred to any AAI-managed airport.

ATIAL has decided to retain the name of the Trivandrum International Airport, Kerala's first aerodrome.

October 18 is the deadline set for ATIAL to take over the airport from the AAI.

The ATIAL signed the take-over agreement with the AAI on January 19 this year.

From October 18, the Adani Group will be free to ring in any changes that would allow it to operate, manage and develop the airport into a high-profit entity. “The agreement allows them vast powers and the development they usher in will depend on the Adani Group's management perspective,” a top AAI official said on the condition of anonymity.

13/10/21 Manorama Online

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