The Hindu Business Line : Delhi, Mumbai airports update gets into groove

Plans take off
From Thursday morning the consortia must stick to time-bound execution of promises or face penalties
As per plans, Delhi airport should become ISO-9000 compliant by June next year

New Delhi , Aug. 1

The clock for Delhi and Mumbai to become world-class airports starts ticking off from midnight Wednesday when the management of the two metro airports shifts to the joint venture company set up to run them.

While a new company Delhi International Airport Ltd — in which GMR has a majority stake — has taken up the modernisation of Delhi airport, Mumbai International Airport Ltd — in which GVK has a majority stake — will modernise Mumbai airport. The Airports Authority of India has a 26 per cent minority stake in both the companies. "From midnight of Wednesday, the 90-day handholding or the joint management of the two airports will cease and they will pass into the hands of the two new companies set up to manage them," official sources told Business Line.

In effect this would mean that from Thursday morning both the consortia would have to stick to the time-bound execution of what has been promised at the two airports or face financial penalties.

In Delhi, the joint venture company would have to ensure that the airport meets quality standards including being ISO-9000 compliant by June next year, apart from ensuring that the mandated capital expenditure and the stipulated service standards are met.

The functions of Air Traffic Control, security, health, customs, immigration and quarantine at the two airports will, however, stay in the hands of the Government even after the transfer.

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