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Aai May Hold Minority Stake In Airport Joint Ventures

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Rumi Dutta BUSINESS STANDARD

The civil aviation ministry is poised to alter its proposal to lease the four metropolitan airports to private companies. The Centre is now looking at floating a special purpose vehicle for each of the four airports. The Airports Authority of India will hold a 24 per cent stake in the special purpose vehicle, while the remaining will be offered to private operators.

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First Published: Oct 01 2002 | 12:00 AM IST

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