The Airports Authority of India (AAI), the state-owned airport operator, has objected to Adani Enterprises using its brand name in three airports -- Mangaluru, Lucknow, and Ahmedabad -- it (Adani) acquired two months ago.
The AAI said this violated the concession agreement (CA) agreed upon by the group and the AAI.
The agreement mandates the airports should not be branded in a manner that identifies the company or its shareholders.
“It has been observed that the branding of the airports is not being carried out in accordance with the Concession Agreement. In violation of the agreement, it has been observed