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          Home » AAI collected Rs 13,439 crore revenue from Delhi and Mumbai airports, in five years

          AAI collected Rs 13,439 crore revenue from Delhi and Mumbai airports, in five years

          Mahesh Darkunde by Mahesh Darkunde
          March 25, 2022
          in News
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          AAI collected Rs 13,439 crore revenue from Delhi and Mumbai airports, in five years
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          According to the civil aviation ministry, the state-owned Airports Authority of India (AAI) received roughly Rs 13,439 crore in revenue from Delhi and Mumbai airports in the last five financial years.

          In 2006, the airports of Delhi and Mumbai were handed over to commercial partners under a Public Private Partnership (PPP).

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          “AAI has collected income of roughly Rs 8,093 crore from Delhi airport and Rs 5,346 crore from Mumbai airport during the last five years, from 2016-17 to 2020-21“

          Minister of State for Civil Aviation V K Singh told the Lok Sabha

          In addition, the Adani Group received three airports in October-November 2020: Ahmedabad, Lucknow, and Mangaluru. In October of last year, it was allocated three more airports: Jaipur, Guwahati, and Thiruvananthapuram.

          In a written response, Singh stated that the six airports’ private partners have paid AAI roughly Rs 331 crore in Per Passenger Fee (PPF) through January 2022.

          The minister added, “AAl has also received an amount of Rs 1,888 crore in the shape of advance fee towards the capital expenditure incurred by AAI at certain airports until 15.03.2022.”

          According to the National Monetisation Pipeline (NMP), AAI has designated 25 airports for monetisation between 2022 and 2025.

          Stay tuned and updated with Aviationa2z.

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          Mahesh Darkunde

          Mahesh Darkunde

          Journalist - He is an Aircraft Maintenance Engineer, Mahesh has always had a knack for all things aviation. He Join Aviation A2Z as a writer nearly 2 years ago.

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