India: Cabinet approves leasing out three major airports of AAI
New Delhi, Jul 3 (PTI) The Union Cabinet gave its approval on Wednesday to the proposals for leasing out three major airports -- Ahmedabad, Lucknow and Mangaluru -- of the Airports Authority of India (AAI) through public-private partnership (PPP), an official spokesperson said.
Earlier this year, the Adani group had won the bids to operate the three airports for a period of 50 years.
The Adani group had also won the bids to operate the Jaipur, Guwahati and Thiruvananthapuram airports, owned by the AAI.