Has Adani taken over Trivandrum airport?

Has Adani taken over Trivandrum airport?

The Adani Group has formally taken charge of the operations and management of the Thiruvananthapuram International Airport. In August last year, the Kerala Assembly unanimously passed a resolution protesting the airport privatisation.

When was Trivandrum airport built?

1932

Trivandrum International Airport
Location Chacka, Thiruvananthapuram, Kerala, India
Opened 1932 1 January 1991 (upgraded to international)
Hub for Air India Express
Focus city for Air India, IndiGo, SpiceJet

Who runs Trivandrum airport?

The Adani Group
Adani Thiruvananthapuram International Airport Ltd (ATIAL), a wholly-owned subsidiary of Adani Enterprises Ltd, will now operate, manage and develop the airport for a period of 50 years. The Adani Group has formally taken charge of the operations and management of the Thiruvananthapuram International Airport.

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Who sold airport to Adani?

Adani Group will have 74\% stake in Mumbai’s Chhatrapati Shivaji Maharaj International Airport, post the stake purchase transaction, with 50.5\% being bought from GVK Group and 23.5\% from minority partners including Airports Company South Africa (ACSA), and Bidvest Group.

Why is Adani getting airports?

Adani Group became the country’s largest airport operator after taking a controlling stake in MIAL (Mumbai International Airport Ltd) earlier this year. However, Icra expects the airport sector to bounce back to profitability this financial year, with industry net profit expected to rise to ₹190 crore.

When did Trivandrum airport became International airport?

1 January 1991

Trivandrum International Airport
Opened 1932 1 January 1991 (upgraded to international)
Hub for Air India Express
Focus city for Air India, IndiGo, SpiceJet
Elevation AMSL 4 m / 13 ft

Will Adani Enterprises take over Thiruvananthapuram airport?

Kochi: The discourse over Adani Enterprises securing a 50-year lease to operate, manage and develop the 88-year-old Trivandrum International Airport, or Thiruvananthapuram airport, reached a crescendo in Kerala Thursday, a day after the Union Cabinet took the decision Wednesday.

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What is the Thiruvananthapuram airport privatisation issue?

A political slugfest has erupted between the Centre and the Kerala state government over the privatisation of Thiruvananthapuram airport in Kerala. The Centre has decided to lease out the operation, management and development of the airport to Adani Enterprises for a period of 50 years — a move being vehemently opposed by the state government.

Will Adani Group bid for Jaipur and Guwahati airports?

Not surprisingly, there is no such din over the Adani Group’s successful bids for the Jaipur and Guwahati airports.

Is Trivandrum airport the future travel hub of Kerala?

The Trivandrum airport is 88 years old and its international terminal could end up as a major travel hub not only for the southern parts of Kerala but also the southern parts of Tamil Nadu, which are bereft of air connectivity.