Followers

Oct 15, 2014

[CA/Econ] No Frill Airports

Current Affairs
No Frill Airports

·        Government wants air connectivity to remote / backward areas. But profitability is always a challenge, hence private sector not interested.
·        Therefore Airport authority of India (AAI) will develop No Frills airports at such places, with only basic safety and security features.
·        No fancy lounges with air conditioners, no aerobridges, no carousels or conveyor belts for luggage. Single storey building without any posh glass-steel elevators….hence operational costs will be low.
·        AAI will be able finish these airports in 2-3 years, with 85-90 crore investments in each. It’ll be able to squeeze profit even with very few passengers.
·        In future, Government may give sops / tax benefits to private airlines, if they operate flights here.
·        2014, September: Government approved no-frills airports in five cities:
Ø     Arunachal  Pradesh (Tezu)
Ø     Rajasthan (Kishangarsh, near Ajmer)
Ø     Odisha (Jharsuguda)
Ø     Karnataka (Hubli  and Belgaum)





==============================================

No comments:

Post a Comment