Adani group to take over operations of these airports, says AAI; check details

Adani group to take over operations of these airports, says AAI; check details

The Adani group could be taking on the operations, administration and growth of the airports at Mangaluru, Lucknow and Ahmedabad from the Airports Authority of India (AAI). It will take cost by October 31 (Mangaluru airport), November 2 (Lucknow airport) and November 11 (Ahmedabad airport), mentioned an official press launch on Thursday.

Moreover, the AAI  mentioned in its launch that the Aviation Ministry has signed MoUs (memorandums of understanding) with three entities of the Adani group to offer companies like customs, immigration and safety on the aforementioned three airports.

The central authorities privatised six main airports — Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati — in February 2019. After a aggressive bidding course of, Adani Enterprises gained the rights to run all of them.

“The AAI and concessionaires of Ahmedabad, Lucknow and Mangaluru airports will be completing conditions precedents as prescribed in the concession agreements and the concessionaires will be taking over the operations, management and development of airports as under Mangaluru airport: 31.10.2020; Lucknow airport: 02.11.2020; Ahmedabad airport: 07.11.2020,” the AAI press launch mentioned.

In July 2019, the Union Cabinet had authorised the proposal for leasing out three airports – Mangaluru, Lucknow and Ahmedabad – to Adani Enterprises. On August 19 this 12 months, the Union Cabinet authorised the proposal for leasing out the opposite three airports to the Ahmedabad-based group.

The Ministry of Civil Aviation signed three MoUs with “Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited” on Wednesday on the AAI’s company headquarters, the press launch mentioned.

The MoUs are in reference to the supply of companies i.E. Customs, immigration, plant and animal quarantine, well being, MeT (meteorological information) and safety (collectively referred to as as Reserved Services), the press launch talked about. “Simultaneously, the AAI also signed three separate CNS-ATM Agreements with concessionaires for the provision of CNS-ATM services at these three airports,” the press launch famous.

CNS/ATM stands for Communications, Navigation and Surveillance Systems for Air Traffic Management.

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