Pvt airport operators in precarious situation, seek relief from Govt
The New Indian Express Chennai|June 10, 2021
Private airport operators are seeking immediate financial assistance from the government in order to sustain operations and prevent job losses in the sector.
Pvt airport operators in precarious situation, seek relief from Govt

Airports are currently not generating sufficient cash flows to sustain operations and meet their debt obligations. Poor cash flows and, consequently, downgraded credit ratings have made it impossible for airports to take further financing support from financial institutions, said Association of Private Airport Operators (APAO) whose members include operators of Delhi, Mumbai, Lucknow, Hyderabad, and Bangalore airport.

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