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Aviation Industry News

Total 25 airports earmarked for leasing till 2025

Wednesday 21st Dec 2022    220
Total 25 airports earmarked for leasing till 2025
 

In a written reply to the Rajya Sabha, Minister of State for Civil Aviation Gen. VK Singh (retd) that 25 airports have been designated for lease between 2022 and 2025.

According to the National Monetization Pipeline (NMP), 25 Airports Authority of India (AAI) airports - Bhubaneshwar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada , Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry are earmarked for lease in the years 2022 to 2025.

In addition, AAI has long-term leased eight of its airports under PPP for operation, management and development.

States and passengers are the ultimate beneficiaries of improved airport infrastructure and facilities built by private partners who operate, manage and develop the leased airport under PPP, he said, adding that airports have become a center of economic activity and have a multiplier effect on the economy of the state.

The revenue generated by the leased airports is also used to build airport infrastructure across the country, he added.

 
 
 
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