Fewer chartered flights bleed Airports Authority of India in Begumpet

The Begumpet Airport and two non-operational airports at Warangal and Nadirgul have incurred losses for the Airports Authority of India (AAI)  in the four-year period from 2014-15 to 2017-18. The AAI’s three airports in Telangana state and five in Andhra Pradesh have incurred large financial losses.

The airports at Begumpet, Warangal and Nadirgul are operated by the AAI apart from those at Tirupati, Visakhapatnam, Vijayawada, Kadapa, and Rajamundry in Andhra Pradesh.

The Begumpet airport, which caters to non-commercial air traffic like chartered flights and VIP flights, has made a loss of Rs 31.94 lakh in financial year 2014-15, while the annual loss in the previous two years was only Rs 70,000.

A senior official of AAI attributed the losses to “less air traffic operations resulting in less aeronautical revenue. Because of no or fewer operations, there is no aeronautical revenue potential.” Read More

You may also read!

Boeing to showcase advanced capabilities at Aero India 2019

Boeing will showcase a range of platforms, support and training capabilities at Aero India 2019, including the F/A-18 Super


Ahead of Crown Prince Salman’s Visit to India, Saudi Arabia Backs India’s Fight Against Terrorism and Extremism

Saudi Arabia on Friday said it stood with India's fight against terrorism and extremism and denounced as "cowardly" the


Home minister rajnath singh, J&K guv, Lt gen ranbir singh, pay tribute to CRPF

Union Home Minister Rajnath Singh, Jammu and Kashmir Governor Satya Pal Malik and Army's Northern Command chief Lt Gen


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu