Category: Aviation & Airports

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Govt, AAI ink deal for Patna airport revamp

Govt, AAI ink deal for Patna airport revamp

The Airports Authority of India (AAI) and the Bihar government have agreed in principle on exchanging 13.5 acres of land for expansion of PatnaÂ’s Jayaprakash Narayan International Airport terminal building. AAI will spend Rs 850 crore on the new two-storey building with aerobridges.

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Airports Authority of India launches a cargo subsidiary

Airports Authority of India launches a cargo subsidiary

State-owned airports operator Airports Authority of India (AAI) has launched a cargo subsidiary.
The company, to be called AAI Cargo logistics and Allied Services Company Ltd, will be 100 per cent owned by AAI. It will have an equity base of Rs 20 crore and staff strength of 60 people to begin with.