Adani group, AAI ink pacts for managing 3 airports

Adani Group on Friday inked agreements with the Airports Authority of India (AAI) for the management, operations and development of Ahmedabad, Mangaluru and Lucknow airports.

In 2018, the government decided to privatise airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. It was for operation, management and development of these aerodromes through public-private partnership model.

Adani Enterprises Ltd (AEL) won the rights to run these six airports after competitive bidding process.