NEW DELHI, Feb. 12 -- The Airports Authority of India (AAI) will begin the third stage of the airport privatization process for 6-10 airports in April, civil aviation secretary Pradeep Singh Kharola said on Thursday, 4 February.
The government will use a new approach for privatizing airports, clubbing a profitable airport with a loss-making airport for the sale process, Kharola said. "AAI is examining the feasibility of giving a non-profitable airport and a profit-making airport as a package. We could see six to 10 airports being taken up," he said.
Finance minister Nirmala Sitharaman said in her budget speech that the government will privatize airports operated by AAI from tier II and III cities during 2021-22.
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