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July 21, 2022

AAI And Other Operators To Spend Rs 90,000 Cr Till 2024-25 To Modernise Airports: Govt

Urvi Srivastava Credit & Capital, Economic Trends AAI, Airports, government, UDAN, V K Singh

Annual passenger traffic increased from 2.6 lakh to 33 lakh in five years under the Ude Desh ka Aam Nagrik (UDAN) scheme, said Singh

Airports Authority of India (AAI) and other airport operators to spend Rs 90,000 crore till 2024-25 for modernisation of airports, said Minister of State in the Ministry Of Civil Aviation, V. K. Singh in a written reply to a question in Lok Sabha. The step will be taken for expansion and modification of existing airport terminals, construction of new terminal buildings, expansion or strengthening of existing runways, aprons, upgrading Airport Navigation Services (ANS), control towers, technical blocks etc, Singh said. 

He said that AAI has leased out six of its airports namely, Chaudhary Charan Singh International Airport (Lucknow), Sardar Vallabhbhai Patel International Airport (Ahmedabad), Mangaluru International Airport, Jaipur International Airport, Lokpriya Gopinath Bordoloi International Airport (Guwahati) and Thiruvananthapuram International Airport through Public Private Partnership for operation, management and development on long term lease basis during the last three years.

Meanwhile, annual passenger traffic increased from 2.6 lakh to 33 lakh in five years under the Ude Desh ka Aam Nagrik (UDAN) scheme, said Singh. Since its inception, over one crore air passengers have availed the benefit of the UDAN scheme which focuses on the connectivity between the Tier-2 and 3 cities in the country 

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Urvi Shrivastav

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