Airports Authority of India seeks funds to cater for traffic growth; 14 greenfield plans approved

Airports Authority of India (AAI) in Feb-2011 stated it requires additional funding to keep pace with the fleet and traffic expansion expected in India over the next few years. AAI, which invested around USD265 million in modernisation projects in 2010, has also outlined the status of 14 greenfield airports in India which have been granted 'in-principle' approval.

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