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Airports Authority of India (AAI) has expressed interest in operating five non-metro airports in Maharashtra, currently managed by a wholly-owned subsidiary of Reliance Infrastructure, according to reports.
Reports stated that Reliance Infra had got the lease rights to operate the five regional airports at Nanded, Yavatmal, Baramati, Latur and Osmanabad, through a bidding process of the government of Maharashtra.
Reliance Airport Developers Private Ltd (RAPL) is incurring an expense of Rs 20mn per month for these airports, says report.
India Infoline News Service / 08:59, Aug 25, 2014
The outlook is a flat start. The BankNifty has given a breakout but many of the large caps are remaining in a range keeping the main indices under pressure.