Government to monetise 25 AAI-managed airports in next 4 years

Government to monetise 25 AAI-managed airports in next 4 years

This initiative was illustrated under the national monetisation pipeline (NMP)on Monday. It will also have the inclusion of privates airports such as Mumbai (26 per cent stake), Delhi (26 per cent stake), Hyderabad (13 per cent stake), and Bangalore (13 per cent stake). The total evaluation of profit comes around 18 per cent of all the airport assets under AAI. Assets under monetisation are to have an increment of Rs 20,782 crore for FY 2022-25. Whereas under NMP there are about 13 sectors, along with airports government is planning to monetise with their brownfield infrastructure assets.

blank

IndiGo to resume flights to UAE from August 20

Earlier in the morning of August 19, CNBC TV-18 reported that the  UAE government had banned IndiGo from functioning its flights for a week after many passengers did follow the protocol of the mandatory RT-PCR test at the departure airport.