Airport Privatisation

Adani Airport Holdings currently operates seven airports, including those in Mumbai and Ahmedabad, and is now targeting 11 more airports slated for privatisation, Jeet Adani said

It started with Aera issuing a draft consultation paper on August 18, seeking to create a national framework for quality, continuity, and reliability of services across Indian airports

The airport noted that it had observed a 108 per cent recovery in passenger traffic in August 2023 compared to the pre-pandemic level in August 2019

State makes revenue sharing a must; move comes amid Centre's shortlisting of four key airports in TN for privatisation between 2022 and 2025

Lok Sabha members lauded government's efforts to rescue students stranded in war-torn Ukraine even as opposition members slammed sale of national carrier Air India and the move to privatise airports.

The government had earlier stated that it would be spending Rs 25,000 crore on all airports across India

AAI board okays merging major airports with smaller ones to attract investors

Two companies have finalised a business agreement under which both will collaborate on multiple sectors

Once Air India is sold to private buyer, Cairn's claim will be defeated: Official

In conversation with foreign institutional investors, the company has also expressed its intent to bid for six airports in the upcoming round of privatisation.

The group is reshuffling top management of Mumbai Airport after acquiring 74 per cent stake last year

Airport monetisation is a crucial component of the Centre's aggressive asset monetisation plan unveiled by Union Finance Minister Nirmala Sitharaman in the Budget for 2021-22

Here are the top business headlines on Friday

A panel for PPP projects had recommended restricting airport projects to 2 to check monopoly

Govt plan for privatisation has flaws

Facing criticism that privatising profit-making airports is saddling the AAI with economically unviable airports and fostering monopoly in the sector, the Centre is planning to rewrite policy

However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21

Kerala has no case, but avoid a defective process

As many as 10 trade unions on Tuesday condemned the government's proposal to privatise more airports and stake sale in Indian Railways Catering and Tourism Corporation (IRCTC)

The Kerala High Court on Tuesday The Kerala High Court on Tuesday declined to stay the further proceedings in leasing out Thiruvananthapuram international airport to Adani Enterprises