Thursday, July 20, 2023

AAI targets Rs 98,000 crore capital outlay to meet air traffic demands

The Airports Authority of India (AAI) and other Airport Operators are gearing up to meet the increasing demands of air traffic with a capital outlay of approximately Rs 98,000 crore in the airport sector between 2019 and 2024. This substantial investment will be used for various activities, including the construction of Greenfield Airports, new terminals, expansion and modernisation of existing terminals, and strengthening runways, among others.

To ensure safety compliance by airlines, a systematic oversight process is in place. This includes surveillance, spot checks, and regulatory audits by the Directorate General of Civil Aviation (DGCA).

Any safety concerns or violations found during these audits are communicated to the operators, and necessary actions are taken to rectify the issues.

The Ministry of Civil Aviation (MoCA) is committed to achieving ‘sustainable aviation’ in collaboration with the International Civil Aviation Organisation (ICAO) and under the United Nations Framework Convention on Climate Change (UNFCCC). To reduce aviation emissions and their impact on the environment, several measures have been implemented:

Airport operators are encouraged to aim for carbon neutrality and net-zero emissions, adopting carbon mitigation measures and developing carbon management plans. Currently, 55 airports, including 49 managed by AAI, operate on 100 per cent green energy.

DGCA has issued a requirement titled 'Aviation Environmental Protection' that outlines procedures to minimise aviation emissions.

20/07/2023 Business Standard

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