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    Need For Infrastucture Development in Airports

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    Dinu Chacko
    The document discusses the need for infrastructure development in Indian airports. It notes that air traffic has grown rapidly in recent years and is projected to continue growing at over 15% annually. The Airports Authority of India plans to invest $10 billion during 2007-2012 to boost infrastructure, provide world-class facilities, increase capacity, and improve safety and traffic flow management to meet rising demand. Steps being taken include developing new airports, expanding existing ones, and obtaining financing through bonds, loans, and internal resources.

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    Need For Infrastucture Development in Airports

    Uploaded by

    Dinu Chacko
    16 views4 pages
    The document discusses the need for infrastructure development in Indian airports. It notes that air traffic has grown rapidly in recent years and is projected to continue growing at over 15% annually. The Airports Authority of India plans to invest $10 billion during 2007-2012 to boost infrastructure, provide world-class facilities, increase capacity, and improve safety and traffic flow management to meet rising demand. Steps being taken include developing new airports, expanding existing ones, and obtaining financing through bonds, loans, and internal resources.

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    The document discusses the need for infrastructure development in Indian airports. It notes that air traffic has grown rapidly in recent years and is projected to continue growing at over 15% annually. The Airports Authority of India plans to invest $10 billion during 2007-2012 to boost infrastructure, provide world-class facilities, increase capacity, and improve safety and traffic flow management to meet rising demand. Steps being taken include developing new airports, expanding existing ones, and obtaining financing through bonds, loans, and internal resources.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    16 views4 pages

    Need For Infrastucture Development in Airports

    Uploaded by

    Dinu Chacko
    The document discusses the need for infrastructure development in Indian airports. It notes that air traffic has grown rapidly in recent years and is projected to continue growing at over 15% annually. The Airports Authority of India plans to invest $10 billion during 2007-2012 to boost infrastructure, provide world-class facilities, increase capacity, and improve safety and traffic flow management to meet rising demand. Steps being taken include developing new airports, expanding existing ones, and obtaining financing through bonds, loans, and internal resources.

    Copyright:

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    NEED FOR INFRASTUCTURE DEVELOPMENT IN AIRPORTS

    Air traffic has increased rapidly in recent years, although this slowed in 2007. A number of Indian airlines have faced challenging market conditions in 2008 Indians are still flying in much greater numbers.

    Estimates made in 2007 by the Indian


    Governments Committee on Infrastructure suggest that passenger traffic will grow at a CAGR of over 15% in the next 5 years

    AIRPORT DEVELOPMENT PLAN


    (During the XI Plan Period 200712)

    Main Objectives
    To boost Infrastructure in Aviation sector. To provide WorldClass infrastructure facilities. To meet the increased demand by enhancement of Aircraft/Cargo handling capacity. To provide safe Air Traffic Services. To achieve efficiency by improving Air Traffic Flow

    Management.

    INVESTMENT BY AAI
    XI Plan (200712)
    Planned Investment $10 billion . Financing Mainly through Internal Resources Relatively small portion through Budgetary Support Balance through Borrowings. Issue of Bonds in Domestic Market. Exploring Loan from JBIC/World Bank.

    Credit Rating Awarded AAA stable by CRISIL and L AAA by ICRA for AAI Bonds. Awarded A1+ by ICRA for Shortterm Loan/ Commercial Papers

    STEPS TAKEN BY GOVERNMENT FOR DEVELOPING AIRPORTS


    The Airports Authority of India (AAI) manages and operates 126 airports and 329 airstrips The Government established the Airport Economic Regulatory Authority (AERA) State governments are also getting involved and looking to facilitate the development of new airports. The total investment on new airports has been proposed at about $10 billion by 2012. Greenfield airport projects are planned in resort destinations and emerging metros Further, 35 non-metro airports are proposed for development.

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