Kannur: The Airports Authority of India ( AAI) has formally agreed to take 26 percent equity share in the upcoming Kannur International Airport ( KIAL).
The agreement was finalised in a high-level meeting that ports minister K Babu had with civil aviation minister Ashok Gajapathi Raju, minister of state for civil aviation Mahesh Sharma and other senior officials in New Delhi on Wednesday, said a press release.
Though the decision was taken during the regime of the previous UPA government, it was not finalised that time owing to lack of clarity in the agreement. K Babu also requested the civil aviation minister to include Kochi international airport in the list of the hub airports. As per the draft civil aviation policy, only six metropolitan airports - Delhi, Mumbai, Chennai, Kolkata, Bangalore and Hyderabad - will be getting the hub airport status and the international airlines will operate from these airports only.
19/03/15 P Sudhakaran/Times of India
The agreement was finalised in a high-level meeting that ports minister K Babu had with civil aviation minister Ashok Gajapathi Raju, minister of state for civil aviation Mahesh Sharma and other senior officials in New Delhi on Wednesday, said a press release.
Though the decision was taken during the regime of the previous UPA government, it was not finalised that time owing to lack of clarity in the agreement. K Babu also requested the civil aviation minister to include Kochi international airport in the list of the hub airports. As per the draft civil aviation policy, only six metropolitan airports - Delhi, Mumbai, Chennai, Kolkata, Bangalore and Hyderabad - will be getting the hub airport status and the international airlines will operate from these airports only.
19/03/15 P Sudhakaran/Times of India
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