AAI hands over Mangaluru airport to Adani group on lease for 50 years

NEW DELHI: The Airports Authority of India (AAI) on Friday midnight handed over the Mangaluru airport to the Adani group on lease for a period of 50 years, according to an official statement.

The central government in February 2019 had 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.