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Lucknow, Mangalore and Ahmedabad airports were leased out by Government

IBEF:  July 04, 2019

The Union Cabinet gave its approval on Wednesday to the proposition for renting out 3 major airplane terminals - Ahmedabad, Lucknow and Mangalore - of the Airports Authority of India (AAI) through open private association (PPP).

The Adani group had likewise won the bids to work the Jaipur, Guwahati and Thiruvananthapuram air terminals, which are possessed by the AAI.

The AAI had chosen the winner based on the basis of the "per-traveler charge" offered by the bidders.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.