Airports Authority of India: Exiting the terminal
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
Even after the unprecedented chaos wrought by the Covid-19 pandemic settles, there’s turbulence ahead for the air travel industry.
The operator of Paris-Charles de Gaulle airport will pick a 49% stake in GMR’s airport business, which will help the Indian company deleverage its debt of over ₹20,000 crore.
At the Global Aviation Summit in Mumbai, industry representatives weighed in on what needs to be done to strengthen airport infrastructure in the country.