The management of airports in Chennai and other metro and non-metro cities should remain with the Airports Authority of India, its subsidiary or a special purpose vehicle formed to manage these airports rather than privatising such services, the Parliamentary Committee on Transport, Tourism and Culture recommended in a report tabled in Parliament on Wednesday.
“The report comes at a time when the process of privatisation of six airports — Chennai, Kolkata, Lucknow, Jaipur, Ahmedabad and Guwahati — is under way.
Nationalisation of Loss
Strongly objecting to the move to privatise services at metro and non-metro airports, the panel’s Chairman, Sitaram Yechury, told the media it is a case of “privatisation of profits and nationalisation of losses,” as the AAI is being asked to run all loss-making airports while the metro airports which earn profits are with the private sector.
Full report here Business Line