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AAI, other airport operators to spend Rs 90,000 cr till 2024-25

New Delhi: The expansion and modernization is a continuous process and is undertaken by Airports Authority of India (AAI) or other airport operators from time to time depending on the availability of land, commercial viability, socio-economic considerations, traffic demand, and willingness of airlines to operate to/from such airports.

AAI and other airport operators have targeted a capital outlay of more than Rs 90,000 crore from 2019-20 to 2024-25, for expansion and modification of existing airport terminals, constructing new terminal buildings, expansion or strengthening of existing runways, aprons, upgrading Airport Navigation Services (ANS), control towers, technical blocks etc. across several airports in the country, said Minister of State for Civil Aviation Dr VK Singh.

AAI has leased out six of its airports, namely, Chaudhary Charan Singh International Airport, Lucknow, Sardar Vallabhbhai Patel International Airport, Ahmedabad, Mangalore International Airport, Jaipur International Airport, Lokpriya Gopinath Bordoloi International Airport, Guwahati, and Thiruvananthapuram International Airport through Public Private Partnership for operation, management and development on long term lease basis during the last three years. /BI/