![Airports Authority of India: Exiting the terminal](https://images.assettype.com/fortuneindia%2F2021-05%2Fe154b7c2-1e76-473d-9004-6919497bd846%2FWhatsApp_Image_2021_05_06_at_11_24_02__1_.jpeg?w=300&q=95)
Airports Authority of India: Exiting the terminal
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
Even after the unprecedented chaos wrought by the Covid-19 pandemic settles, there’s turbulence ahead for the air travel industry.
The operator of Paris-Charles de Gaulle airport will pick a 49% stake in GMR’s airport business, which will help the Indian company deleverage its debt of over ₹20,000 crore.
At the Global Aviation Summit in Mumbai, industry representatives weighed in on what needs to be done to strengthen airport infrastructure in the country.