COVID-19 effect: AAI gives more time to Adani group to take over management of MIA, 2 other privatized airports


Team Udayavani, Jun 21, 2020, 9:48 AM IST

Mangaluru: The Airports Authority of India (AAI) has given three more months to the Adani group to take over the management of three privatised airports of Ahmedabad, Mangaluru and Lucknow due to the COVID-19 scenario, according to the Civil Aviation Ministry on Saturday.
This means the Adani group, which was expected to take over the operations, management and development of the three airports by August 12, can now take over the airports by November 12.

“On the advent of COVID-19 scenario, AEL (Adani Enterprises Limited) has cited force majeure and filed for extension in March 2020 and sought time till February 15, 2021 (to take over the three airports),” said the statement by the Civil Aviation ministry.

“AAI has agreed to the extension of time of additional three months to achieve Commercial Operation Date (COD) by the concessionaire in view of force majeure on account of COVID-19,” it added.

In 2018, the government decided to privatise airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. It was for operation, management and development of these airports through a public-private partnership model.

Adani Enterprises had won the rights to run these six airports after a competitive bidding process. It had signed the concessionaire agreement with the AAI for three airports — Ahmedabad, Mangaluru and Lucknow — on February 14 this year.

The aviation sector has been hit hard due to the COVID-19 pandemic. After a gap of two months due to the coronavirus-triggered lockdown, India resumed domestic passenger flights on May 25 albeit in a curtailed manner. International passenger flights continue to remain suspended in the country.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

UP govt to install 150,000 toilets for Maha Kumbh, set up paying guest facilities

Kavoor Police arrest two notorious cattle thieves

Udupi: Unidentified body found near Bailkere’s Vidhyodaya School

Sexual harassment case cannot be closed on basis of compromise between parties: SC

MLC Ivan D’Souza defends CM Siddaramaiah’s Lokayukta appearance, criticizes BJP’s ‘Drama’ claims

Ranji Trophy: Shreyas Iyer’s majestic 233 puts Mumbai in complete command against Odisha

Related Articles More

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

Kavoor Police arrest two notorious cattle thieves

Udupi: Unidentified body found near Bailkere’s Vidhyodaya School

MLC Ivan D’Souza defends CM Siddaramaiah’s Lokayukta appearance, criticizes BJP’s ‘Drama’ claims

Mangalore University to host Intercollegiate Women’s Kabaddi tournament at Besant College

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Felling of trees: What is being done to restore Delhi Ridge? SC asks DDA

Kinnigoli: Truck carrying red stone collides with Auto-Rickshaw; driver injured

UP govt to install 150,000 toilets for Maha Kumbh, set up paying guest facilities

Kavoor Police arrest two notorious cattle thieves

Udupi: Unidentified body found near Bailkere’s Vidhyodaya School

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.