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AAI offers 30-year contract of Chennai, Lucknow airports

AAI offers 30-year contract of Chennai, Lucknow airports
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As part of privatisation, the Airports Authority of India (AAI) is offering a 30-year contract for Chennai and Lucknow airports. The privatisation is to be extended to Ahmedabad, Jaipur and Guwahati airports. The Union Civil Aviation Ministry said that eleven firms have shown interest to take up maintenance of the airports.

In contrast to the earlier privatisation of airports in Delhi, Mumbai, Hyderabad and Bangalore, the terminals on offer have been upgraded by AAI – so a dispute over user development charges is not expected.

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