The COVID crisis has delayed the signing of the concession agreement for the Noida International Airport as directors of the Switzerland-based company Zurich Airport AG are unable to travel to India due to the absence of international flights for nearly five months now.
“There are presently no international flights between Switzerland and India and Malaysia and India. One of our directors from Zurich, one from Malaysia, and I need to travel for signing the concession agreement. We are hoping for more ‘air bubble’ agreements to emerge to allow us to come to India,” Daniel Bircher, the CEO of Zurich Airport Asia based in Malaysia told ET on phone. The project has a deadline of 2023 and the company said it was in regular touch with the Uttar Pradesh Government. There are presently no ‘air bubble’ agreements between India and Switzerland or with Malaysia.