India’s Adani Group has reportedly taken over the management of Jaipur International Airport (JAI) in the state of Rajasthan from the Airports Authority of India (AAI), which manages civil aviation infrastructure in the country.
The company assumed the operations in the early hours of Monday (11 October 2021), after the airport director J S Balhara gave airports symbolic key to Adani Jaipur International chief airport officer Vishnu Jha.
Jaipur airport has been leased out to Adani Group for 50 years by the Government of India.
The group will manage entire operations at the airport, except the cargo terminal, air traffic control and communication, navigation and surveillance system.
Balhara further stated that the company will be working under a PPP mode to carry out the operations, management and development of the Jaipur International Airport.
In 2018, JAI was one among the six airports, which were selected by the Indian Government for privatising their operations, management and development for a period of five decades.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Adani Enterprise Limited emerged as the successful bidder for all the airports.
Last week, Adani Group took over the operations, management, development of Lokpriya Gopinath Bordoloi International Airport (GAU) located in Guwahati, Assam, India, from AAI.
Initially, AAI will support Adani Group in running the airport for three years, while providing security and air traffic communication services at the airport during this period.
Airport staff affected by this takeover will be moved to other airports across the country, according to media reports.