Privatisation Of Mangalore International Airport For Next Fifty Years: Click To Know

Privatisation Of Mangalore International Airport For Next Fifty Years: Click To Know

February 15: Airports Authority of India (AAI) has signed a a concession agreement with Adani Enterprise, regarding the management of Mangalore International Airport next for 50 years.
The agreement has been signed for two other Airports, which include Ahmedabad and Lucknow. Adani Enterprises was the highest bidder for all the six airports offered by the Centre via the public-private partnership (PPP) mode which include Ahmedabad, Lucknow, Mangalore  Jaipur, Guwahati & Thiruvananthapuram.
At Present, the Union cabinet has approved leasing out of the three airports  Ahmedabad, Lucknow and Mangalore to the Adanis.