AAI plans to diversify into airport management services

In order to ring fence its future revenues, state-owned airport operator Airport Authority of India is planning to provide airport management services. 

The diversification has become necessary as the government is planning to lease top 25 of AAI-owned airports to private companies.

Management services of the airport includes handling of operation of the airport including air side, terminal operations and other services like parking, food and beverage outlets. 

AAI will also provide air traffic management and navigation services to the airports. Senior government officials said that had become necessary for diversification of revenue and maintaining a steady pool of workforce who are trained in airport operation.As part of that AAI has signed an operation and management contract with Uttar Pradesh government for operating of five state-government owned airports- Aligarh, Azamgarh, Chitrakoot, Muirpur & Shravasti for 30 years.

-B