May club small airports with bigger ones in third round of privatisation: Kharola
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May club small airports with bigger ones in third round of privatisation: Kharola
Saurabh Sinha / TNN / Feb 4, 2021, 20:35 IST
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(Representative image)
NEW DELHI: The third round of airport privatisation, aimed to be completed next fiscal, will cover six to ten airports. The government will this time club small, loss-making airports with profitable ones that bidders wish to acquire, aviation secretary P S Kharola said on Thursday.
These airports, like the second round covering taking PPP route for six airports, will also be leased out for 50 years.
Crown Group to develop aerospace cluster at Salem
February 04, 2021 The Crown Group, a technology provider, precision component manufacturer and a strategic partner in the defence sector, has signed an agreement with the Tamil Nadu Industrial Development Corporation (TIDCO) to develop an integrated aerospace cluster adjoining Salem Airport.
This will be a part of the Tamil Nadu Defence Corridor. The cluster will house the country’s first-ever indigenous MRO facility for military aircraft and equipment. The group will also establish a test bed for aerodrome ground technologies and UAV/RPAS drone testing facility.
Dave Jeyaselvan, President Crown Group, said “The Salem Aerospace Cluster is a step towards this goal of establishing an integrated facility under the indigenisation programme.”
Surat: Gujarat high court has asked the Directorate General of Civil Aviation (DGCA) to clarify whether the buildings falling in the approach funnel o.
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Amid persisting concerns in certain quarters about leasing out of six airports, the government on Wednesday told the Rajya Sabha that Per Passenger Fee (PPF) was the bidding parameter and based on the PPF offered by the winning bidder for these aerodromes, AAI will earn Rs 904 crore profit in 2020-21. Recently, the Airports Authority of India (AAI) awarded six airports Ahmedabad, Jaipur, Lucknow, Guwahati, Thiruvananthapuram and Mangaluru for operations, management and development under Public Private Partnership (PPP) for 50 years. Adani Group has won the bids for the six airports. The per passenger fee was the bidding parameter. It was estimated that on the basis of the PPF offered by the winning bidder for six airports, AAI will earn a profit of Rs 904 crore for the year 2020-21 as against estimated profit of Rs 530 crore had it been operated by AAI itself, Minister of State for Civil Aviation Hardeep Singh Puri said in a written reply.