GMR gets go-ahead to develop and operate Bhogapuram Airport
Life goes on; business goes on - or at least, it is doing so in India, where one of the first announcements concerning an airport development and privatisation deal for over a month was made on 13-Apr-2020. Namely, the contract to develop and extend Bhogapuram Airport, a new international airport construction project for the Indian state of Andhra Pradesh.
In its own little way, the announcement about this 40-year concession has the same gravitas as the Chicago Convention, which met in 1944 to shape the future of the post-war aviation industry.
At least this transaction acknowledges that there will be an aviation industry in the future - there has been one view spread about that aviation was about to go the way of the dinosaurs.
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