PPPAC clears private operation of 11 airports in five bundles
Why in the news
The Public Private Partnership Appraisal Committee cleared a plan in August 2026 to hand over operations of eleven airports to private players.
Key facts
- Body: Public Private Partnership Appraisal Committee (PPPAC); approval is in-principle.
- Airports: 11, grouped into five bundles under the PPP model.
- Expected private investment: about ₹8,622 crore.
- Concession length: 50 years.
- Staff safeguard: concessionaires must retain 60% of AAI employees for up to three years.
Significance
- Brings private capital into airport operations while protecting existing AAI staff for a period.
Exam angle
- Likely question: for how many years is the concession period? Answer: 50.
- Related terms: PPPAC, AAI, bundling, concessionaire.
- Numbers to recall: 11 airports, five bundles, ₹8,622 crore, 60%.