Singapore's Changi to manage Ahmedabad, Jaipur airports

A decision to allow Changi Airport to manage Ahmedabad and Jaipur airports came during Prime Minister Narendra Modi's recent visit to Singapore

Singapore's Changi to manage Ahmedabad, Jaipur airports
Press Trust of India New Delhi
Last Updated : Dec 09 2015 | 4:21 PM IST
Singapore's Changi Airport will soon start managing the terminal operations and parking at Ahmedabad and Jaipur airports.

This is the first time that an international operator will be managing domestic airports and the move also comes at a time when the government is working on ways to bolster the Indian aviation sector, which has a huge growth potential.

A decision to allow Changi Airport to manage Ahmedabad and Jaipur airports came during Prime Minister Narendra Modi's recent visit to Singapore.

Also Read

Airports Authority of India (AAI) Chairman R K Srivastava said the modalities with respect to Changi taking over the management and operations of Ahmedabad and Jaipur airports were being worked out.

According to Srivastava, there would be no concessional agreement in place for the proposed partnership with Changi.

AAI, which is currently managing the two airports, is also awaiting the official agreement for the proposed partnership from the government.

Sources said that Changi would take care of terminal operations and parking at the two airports. Changi would be paid a fee for the management but the AAI would not be setting up any special purpose vehicle in this regard as no revenue sharing is contemplated.

A team from Changi Airport is expected to visit India and hold discussions with AAI officials by end of this month, they added.

Changi -- which operates the Singapore airport -- is one of the world's leading airport operators.

In 2014-15, Ahmedabad airport handled 5.05 million passengers, out of which 1.22 million were international travellers.

During the same time, Jaipur airport saw 2.20 million passengers and out of them, 0.33 million were international travellers.

By 2023-24, Ahmedabad is expected to see a total of 6.77 million passengers while Jaipur is anticipated to be 3.75 million.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 09 2015 | 3:57 PM IST

Next Story