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Sunday, 2 November 2014

New guidelines soon for privatisation of airport operations

Hyderabad:  The Centre is in the process of finalising guidelines for bringing operations and management of some airports under the Public-Private-Partnership model, Civil Aviation Secretary V Somasundaram has said.

These operations are currently under control of Airports Authority of India.


Somasundaram also said that the five airports selected to be developed under "no-frills airports" category would be operational in the next two years.
"That model (under PPP) is mainly developed for the metro cities. The remaining airports are not in metro area. These are in medium cities. For these airports we may need a revised model because we will not have the kind of volume which Mumbai, Delhi or Bangalore have. So we are working on that," Somasundaram said.
Read news in full 26/10/14 PTI/Economic Times

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