Business Standard

AAI finds itself in a bind

The Airport Maze Part III

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Amrita Dhar New Delhi
 Sample these figures: the profit before tax of the Mumbai and Delhi airports together in 2002-03 was Rs 506.01 crore, while that of AAI was Rs 497 crore.

 In 2001-02, the profit before tax of AAI was Rs 476 crore, while that of the nine profit-making airports was close to Rs 1375.39 crore. This would mean that the other 115 airports under the AAI made losses to the tune of Rs 900 crore.

 

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First Published: Sep 18 2003 | 12:00 AM IST

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