Tag Archives: PPP

by BA StaffYesterday, the Airports Authority of India (AAI) announced that it has invited the Request For Qualification (RFQ) for selection of the prospective bidders for Chennai and Lucknow Airports for conversion of these airports to a Public Private Partnership (PPP). The RFQs will remain open till mid-October, and applications are allowed from a single entity or a consortium. As …

Yesterday the government announced a massive Rs. 30,000 Crore ($5 billion) bailout of national carrier Air India. The government has justified this this bailout to ostensibly protect the jobs of the over-bloated workforce of 30,000 employees at the airline. Simple maths effectively translates the infusion to Rs. 10 million per employee, a figure the average Indian cannot even hope to …