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Around 20-25 airports will be privatised, says AAI chairman Mohapatra

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Airport Authority of India (AAI) Chairman Guruprasad Mohapatra said on Friday that around "20-25 airports would be privatised".

"We are actually looking at a basket of 20-25 airports for privatisation. The Cabinet has already given the approval for the privatisation of six airports in December," said Guruprasad Mohapatra at a press conference here.

"Focus would be on the development of a regional network of airports in the country with the help of the private sector. Not every airport will attract private investment or interest. The movement in a day should be around 50-60 flights to attract private investment," he said.

"But there is a large number of districts in the country which require airports. Our focus would be that whatever money we get from the private effort, we pump it in the development of aviation regional network in remotest part," he said.


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 26 2019. 23:01 IST