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Adani arm, AAI ink pact for 3 airports |


bhaigan

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Adani Enterprises Limited (AEL) on Friday signed concession agreements with Airports Authority of India (AAI) for operating, managing and developing three airports — Lucknow, Mangaluru and Ahmedabad — under public private partnership.

The entity had emerged the highest bidder last year for six AAI airports. The Cabinet okayed handing over of three airports and a decision on the remaining three is pending. “The concessionaires... will operate, manage and develop the airports for the next 50 years,” the AAI said in a statement.

The concessionaire will pay AAI a per passenger domestic fee of ₹177, ₹171 and ₹115 for Ahmedabad, Lucknow and Mangaluru Airports respectively. In case of international passengers, the fee will be twice the amount for domestic passengers.

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I don't think so, the DFW airport is managed jointly by City of Fortworth & City of Dallas
Similarly ORD airport is managed Chicago Department of Aviation which is under City of Chicago. They are run fairly efficiently.

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3 hours ago, CH_Desi said:

I don't think so, the DFW airport is managed jointly by City of Fortworth & City of Dallas
Similarly ORD airport is managed Chicago Department of Aviation which is under City of Chicago. They are run fairly efficiently.

It’s owned by the city and state, but run by contractors...

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6 hours ago, Android_Halwa said:

It’s owned by the city and state, but run by contractors...

Nope, it's owned only by the cities of Fort Worth & Dallas. The airport is operated by a board appointed by these two cities who in turn choose the contractors. Whereas let's take the Hyderabad Airport for example, the only stake any government has in it is 13% which is the State of Telangana, rest of it is all GMR & Malaysian Airports Holdings. May be this model works better here and the majority private model works best in India.

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