AAI targets Rs 98,000 crore capital outlay to meet air traffic demands
The Airports Authority of India (AAI) and other Airport Operators are gearing up to meet the increasing demands of air traffic with a capital outlay of approximately Rs 98,000 crore in the airport sector between 2019 and 2024. This substantial investment will be used for various activities, including the construction of Greenfield Airports, new terminals, expansion and modernisation of existing terminals, and strengthening runways, among others.
To ensure safety compliance by airlines, a systematic oversight process is in place. This includes surveillance, spot checks, and regulatory audits by the Directorate General of Civil Aviation (DGCA).
