Centre clears in-principle leasing of 11 AAI airports, opening long-term retail opportunity
The PPP Appraisal Committee has given in-principle approval to lease 11 Airports Authority of India airports in five bundles on 50-year concessions. Investor consultations will precede final approval, creating a pipeline for airport F&B, duty-free, travel retail and passenger-services operators.
What happened
Airports Authority of India · The PPPAC granted in-principle approval to lease 11 AAI airports in five bundled 50-year concessions. The Civil Aviation Ministry
Key facts
- 11 airports
- 5 concession bundles
- 50-year concession period
- 149th PPPAC meeting
- August 4
- 6 airports awarded in 2019
- October 2021 handover
Why this matters
Use the consultation window to identify local partners and capability gaps for bundled bids, especially in airport F&B, duty-free and passenger-service platforms.
Also reported by
- The Hindu BusinessLine — Same time