Categories: Business

AAI hands over Lucknow airport to Adani group

The Airports Authority of India (AAI) has handed over the Lucknow airport to the Adani group on lease for a period of 50 years. Apart from this, the Adani group has taken over/will take over operations of 5 more airports.

Boost your General Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | SBI Clerk Mains & RBI Assistant Mains Exams

In February 2019, the Central Govt had privatised six major airports of the country namely Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. The right to run all these 6 airports has been won by Adani Group for 50 years. Adani group has taken over the operations of Jaipur, Guwahati and Thiruvananthapuram in September 2020, Mangaluru on October 31, 2020, Lucknow on November 02, 2020, and will take on the operations of Ahmedabad Airport on November 11, 2020.

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Himachal Day 2026: Formation of Himachal Pradesh and the Legacy of 1948 Explained

The Himachal Day 2026 will be observed on the 15th April, 2026. This day celebrated…

27 mins ago

Pohela Boishakh 2026: Bengali New Year Celebrated on April 15 Across West Bengal

Pohela Boishakh 2026 the Bengali New year will be celebrated on the April 15 with…

57 mins ago

Bohag Bihu 2026: Significance, Traditions, and Why It Marks the Assamese New Year

Bohag Bihu which is also known as Rongali Bihu will be celebrated with the great…

1 hour ago

Sunil Bajpai takes over as Principal Chief Commissioner of Income Tax, Tamil Nadu & Puducherry

On the 10th April, 2026 Sunil Bajpai has assumed the charge of the Principal Chief…

17 hours ago

India’s retail inflation rises to 3.4% in March 2026, says National Statistics Office

India's retail inflation edged up to 3.4% in the Month of the March 2026 which…

18 hours ago

Samrat Choudhary to take oath as Bihar CM after Nitish Kumar’s resignation

Nitish Kumar Chief Minister of Bihar have resigned from the post on the 14th April…

18 hours ago