Minister of State for Civil Aviation VK Singh said in a Lok Sabha reply on December 9 that the central government wants to privatise a total of 25 airports between 2022 and 2025 as part of the National Monetization Pipeline.
The country suffered massive losses due to the coronavirus pandemic in 2020-21.
Airports Massive Losses Due To The Coronavirus Pandemic !
According to the data, singh stated that 133 of the 136 airports suffered massive losses due to the coronavirus pandemic in 2020-21.
The earnings statistics for 136 airports in India, which showed losses of Rs 2,882.74 crore in 2020-21, up from Rs 80.18 crore in 2019-20 and Rs 465.91 crore in 2018-19.
The Most Profitable Airport In India
The most profitable airport in India was Kanpur Chakeri, which earned Rs 6.07 crore. The other three profitable airports were Porbandar, Bareilly, and Kandala, which earned Rs 1.54 crore, Rs 0.68 crore, and Rs 0.11 crore, respectively.
Loss Making Airports In India
The report showed that Mumbai’s Chhatrapati Shivaji Maharaj International Airport was the lowest performer in FY21, with a loss of Rs 384.81 crore whereas Indira Gandhi International Airport in New Delhi suffered a loss of Rs 317.41 crore.
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