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AAI to begin airport privatization process for 6-10 airports from April


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. ....

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