Centre Gives In-Principle Nod to Lease Out 11 AAI Airports in Five Bundles
After inter-ministerial consultations, the government has decided to proceed with leasing 11 Airports Authority of India airports through five bundled concessions.
New Delhi1 min read
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The central government has given in-principle approval to lease out 11 Airports Authority of India airports through five bundled concessions, according to an official document reviewed by BusinessLine.
The decision follows extensive inter-ministerial consultations. Bundling is intended to improve the commercial viability of smaller airports by pairing them with stronger ones.
Details of the specific airports and the structure of the concessions are expected to be finalised in subsequent steps. The move forms part of broader efforts to attract private investment into airport infrastructure while retaining regulatory oversight.
Separately, FedEx announced plans to invest $150 million to develop an air cargo hub at Delhi airport, indicating continued private-sector interest in Indian aviation infrastructure.
The leasing programme will be watched for its impact on regional connectivity and the financial performance of the selected airports.