AAI, civil aviation ministry sign annual performance contract 2019- 2020

May 20, 2019: The Airports Authority of India (AAI) signed a Memorandum of Understanding (MoU) with the civil aviation ministry for the year 2019-2020. The annual performance contract was signed between Pradeep Singh Kharola, secretary (civil aviation) and Dr Guruprasad Mohapatra, chairman, AAI.

In the annual performance contract, various parameters and targets in the fields of finance, research and development, human resource development, Airport Service Quality (ASQ), cargo are specified to be followed by the AAI during the year. As per the MoU, the AAI has undertaken an ambitious target of Rs 5,160 crore towards capital expenditure on airport infrastructure development.