AAI hands over Lucknow airport to Adani group on lease for 50 years
The Airports Authority of India (AAI) on Sunday midnight handed over the Lucknow airport to the Adani group on lease for a period of 50 years.
The AAI had handed over the Mangaluru airport to the group on October 30 midnight.
The central government in February 2019 privatised six major airports of the country — Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years.
“On November 2, 2020, at 00:00 midnight, AAI’s senior officials exchanged Memorandum & handed over Lucknow Airport @aailkoapt to @AdaniOnline,” the AAI said on Twitter.
“Shri A.K Sharma, APD (Airport Director), Lucknow exchanged symbolic key in accordance with concession agreement & future development,” it added.
