Ranchi: The state cabinet chaired by chief minister Hemant Soren on Wednesday approved the state cabinet coordination department’s proposal to convene.
Around 10 airports to be privatised in third round of privatisation: Govt By Ashoke Raj | Updated: Feb 04, 2021 20:24 IST
New Delhi [India], February 4 (ANI): The government on Thursday announced that a maximum of ten airports will be privatised in the third round of airport privatisation. In the third round (of airport privatisation) six to ten airports are going to be privatised, Ministry of Civil Aviation (MoCA) Secretary Pradeep Singh Kharola told media here. The Airports Authority of India is examining the possibility of selling loss-making airports along with a profitable one. AAI is examining the possibility of giving non-profitable airport and profit-making airports as a package. The airports will be given to the private sector, Kharola said.
Prefeasibility study for Puri airport soon orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Privatization of 6-10 airports to begin from April
AAI is raising ₹2,100 crore for its capex requirements
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NEW DELHI :
The Airports Authority of India (AAI) will begin the third stage of the airport privatization process for 6-10 airports in April, civil aviation secretary Pradeep Singh Kharola said on Thursday.
The government will use a new approach for privatizing airports, clubbing a profitable airport with a loss-making airport for the sale process, Kharola said. “AAI is examining the feasibility of giving a non-profitable airport and a profit-making airport as a package. We could see six to 10 airports being taken up, he said.
A Nuanced Approach: Budget 2021 And Indian Aviation Â
by Satyendra Pandey - Feb 4, 2021 11:36 AM
Flight climbing in the sky (Karen Arnold - public domain pictures)
Snapshot
The budget has taken a nuanced view on aviation, but how this translates to on-ground implementation remains to be seen.
Monday, 1 February saw the announcement of the Union Budget for the upcoming financial year. Aviation stakeholders watched with baited breath. This is because budgetary allocations signal intent and by extension what the industry should expect, going forward.
Given the Covid pandemic that decimated demand across the aviation value chain, there was anticipation and trepidation in equal measure. As far as aviation is concerned, at first glance, it seemed nothing has changed. However, a closer look suggests that the budget has taken a fairly nuanced approach.