102 airports post ₹1,646.66 crore loss in FY18-19: Govt data
Nearly 75 per cent of airports owned and managed by the Airport Authority of India (AAI) made losses in FY 2018-2019, according to government data.
As many as 102 airports out of 137 airports managed by AAI, together made losses of Rs 1,646.66 crore.
The Bhopal airport made the highest losses at Rs 65.46 crore, followed by Varanasai airport at Rs 61.14 crore, Aurangabad at 58.71 crore, and Imphal incurred losses worth Rs 58.63 crore.
In 2019, the Government had accorded ‘in-principle’ approval for leasing out six AAI airports including Ahmedabad, Lucknow, Mangaluru, Jaipur Guwahati and Thiruvananthapuram for operation, management and development through Public-private-partnership model.
