Privatization Plans for Surat and Vadodara Airports Amidst Gujarat Airports' Collective Losses in 2022-23
Surat and Vadodara Airports are set to be privatized along with 25 other airports between 2022 and 2025, according to the National Monetisation Pipeline by the Ministry of Civil Aviation. All airports in Gujarat, including Vadodara and Surat, reported losses in the financial year 2022-23. The Union Ministry of Civil Aviation provided data in Parliament, revealing the financial struggles of airports across the state. Vadodara Airport incurred a loss of Rs. 46.71 crore, while Surat Airport reported a loss
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Wed, Jan 22, 2025
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