Tag: privatisation of airports
Plans afoot to privatise 8 airports including Chennai, Kochi airports
Privatisation of the maintenance of airport terminals was a plan initiated by the previous UPA government, which has faced a roadblock as the employee unions started protesting against the move. The current plan is to privatise at least eight government-owned airports — Chennai, Kolkata, Kochi, Pune, Ahmedabad, Jaipur, Lucknow and Guwahati. The civil aviation ministry is believed to be having discussions on designing the model on how the airports would be bid out and is likely the airports will be bid out for 30 years and the tariffs will be fixed upfront. Under the two models being examined, one is ... Read more