July 18 has been chosen as the 'Commercial Operation Date' when the airport management will be transferred to Adani Group.
As the wave of privatisation envelops the country, the Jaipur International Airport is the latest entity, all set to administered by a privately-owned firm. Reportedly, the central cabinet has approved the privatisation of Jaipur Airport and it will soon be managed by Adani Enterprises. As per reports, the Airport Authority of India has already decided the date for the transfer of managerial powers to the business giant, which supervises the proceedings of some other major airports too.
July 18 chosen as 'Commercial Operation Date'
Reportedly, the Civil Aviation Ministry has signed a Memorandum of Understanding with Adani Enterprises. Based on this agreement, the Adani Group will take over the operations at the airport on July 18, which is termed the Commercial Operation Date (COD), in technical vocabulary. It is to be noted that the privatisation of 6 airports across the country was finalised in February 2019. Of these, Lucknow and Ahmedabad airports have been handed over to the Adani Group already.
Officials from Adani Group to observe commercial & operational dealings
A team of officials from the Adani Group are supposed to observe the day-to-day dealings at the airport, before the company takes over the managerial responsibilities. This will be done by establishing a control room to make note of the commercial and operational dealings at the airport.
Given the fact that the employees of Adani Group haven't reached Jaipur Aiport till now due to various circumstantial reasons, it can be expected that COD may be extended further. While the air travelers will witness no significant changes in the first few days, reports state that the fees for lounges, parking lot, food court and placement slot for airlines may be increased later.