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6 Airports To Be Allowed For Bidding Under The PPP Model

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Finance Minister today announced structural reforms for the aviation sector, with six airports to be allowed for bidding under the public private partnership model.

6 Airports To Be Allowed For Bidding Under The PPP Model
 

"AAI has given 3 out of 6 airports for operations and maintenance on Public-Private Partnership (PPP) basis. 6 more airports have been identified for the second round. The bidding process will commence immediately. Another 6 airports will be put for bidding in third round," the FM stated.

"Restrictions on utilisation of the Indian Air Space will be eased to make civil aviation efficient. Travellers will reach destination faster and airlines will use less fuel. It will also be a positive impact on the environment," the Finance Minister stated.

Story first published: Saturday, May 16, 2020, 17:08 [IST]
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