Question : AAI has recently handed over the Lucknow airport to the Adani group on lease.How much this lease period ?
(a)50 years
(b)40 years
(c)30 years
(d)25 years
Answer (a)
Related facts
- AAI has recently(1 November 2020) handed over the Lucknow airport to the Adani group on lease.
- This lease period is 50 years.
Recent other handovers
- The Airports Authority of India had handed over the Mangaluru airport to the Adani group on October 30 midnight.
Privatisation of the six major airports
- The central government in February 2019 privatised six major airports of the country — Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati.
- After a competitive bidding process, the Adani group won the rights to run all of them for a lease period of 50 years.
By — Pankaj Pandey.