AAI finds Changi Airport’s proposal commercially unviable, terminates discussions

AAI has terminated discussions with the Singapore Cooperation Enterprise for the operation and maintenance (O&M) of Ahmedabad and Jaipur airports, as the latter’s proposal was not commercially viable. In November 2015, AAI had signed a memorandum of understanding (MoU) with the Singapore Cooperation Enterprise, which had nominated Changi Airport for the proposed project. A discussion was held between AAI and Changi Airport wherein the agencies did not reach mutually agreeable terms. AAI will issue fresh bids to select entities for O&M of the two airports.

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