Business Standard

AAI raises objections to Adani Enterprises branding in private airports

Adani terms the charge 'baseless', says the company has adhered to the terms of agreement

Adani Enterprises, Covid, coronavirus, airport
Premium

The agreement mandates the airports should not be branded in a manner that identifies the company or its shareholders

Arindam Majumder New Delhi
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

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in