Public-private partnership (concession) agreements for Indian airports, including:
The main body of this study is structured into five sections. These sections are:
Zagreb International Airport, the largest in Croatia, is a key gateway for tourism and business, making it a critical element in the country’s economy. At a capacity of two million passengers per year, however, the airport was unable to keep up with growing demand for airport services.
The Queen Alia Airport is Jordan’s main international airport and a key component of the country’s transport, trade and tourism infrastructure. In 2007, IFC served as transaction advisor to the Jordanian government on structuring and awarding a 25-year concession to a private sector operator responsible for reconstructing and expanding the airport’s terminal.
Aircraft Act, 1934 and Aircraft Rules, 1937 were enacted to regulate the civil aviation industry in India.
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The Airports Authority of India (AAI) is a statutory body, under the Directorate General of Civil Aviation, Ministry of Civil Aviation, Government of India.
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As a result, air travel has fallen sharply, which has prompted airlines to cut capacity. Many have been closed by governments to contain the spread of the virus. The result is a sharp fall in revenues. Given the importance of airports to the economic development of cities, countries, and regions, the broader impact of COVID-19 on the global economy is enormous.