Minister Raju lauds AAI’s financial record

The Airports Authority of India (AAI), a <g data-gr-id="24">consistently</g> profit making organisation since its inception, declared a dividend of Rs 288 crores for the year 2013-14.  An interim dividend cheque amounting to Rs 145 crores have been already presented to Ministry of Civil Aviation on 4th <g data-gr-id="23">August,</g> 2014.

A cheque was given on Thursday, towards final dividend of Rs 143 crores which was presented  by R K Srivastava, Chairman, AAI to the Union Minister  of Civil Aviation  P Ashok Gajapathi Raju in the presence of R N Choubey, Secretary (CA).

Speaking on the occasion, the Minister of Civil Aviation complemented the Airports Authority of India for its financial achievements.  The Secretary, Civil Aviation also extended his compliments and best wishes to AAI for its continued growth. AAI earned revenue of Rs 8170 crores generating a profit before tax of Rs 2520 crores.  AAI have spent Rs 4358 crores during the last three years (2012-13 to 2014-15) on modernisation of Airport Terminals, Passengers Facilities and Air Traffic & Navigational Aids at its airports and has planned to spend this year Rs 2000 crores.

AAI have paid Rs 768.10 crores as Dividend in the last five years and have also contributed to the Central exchequer Rs 3481 crores in different forms during the last three years (2011-12 to 2013-14) apart from paying Dividend. Senior officers from Ministry of Civil <g data-gr-id="17">Aviation as well as Airports Authority of India</g> were also present on this occasion.