India’s private airport operators want the government to impose a moratorium on revenue payments to the Airports Authority of India (AAI) as the financial crisis for the aviation sector deepens amid the Covid-19 outbreak. Currently, private airport operators like the GMR and GVK have concession agreements with AAI, under which they must pay a percentage of their revenue to the government authority. According to industry estimates, airports in the Asia Pacific are expected to face a 24% drop in revenue during January-March.
