Navi Mumbai International Airport is a proposed greenfield international airport, to be built in the Kopra-Panvel area of the Mumbai Metropolitan Region in India. The airport is being built through public-private partnership (PPP). The yet to be chosen private sector partner will hold 74% equity while the Airports Authority of India (AAI) and the Government of Maharashtra (through CIDCO) each holding 13%. The airport project, aimed at easing Mumbai's air traffic congestion, has been delayed due to property disputes. Its first phase was supposed to be operational by 2014, but that deadline will not be met.
Read more about Navi Mumbai International Airport: History, Airport Plans, Cost, Objections To The Location, Land Acquisition Hurdles
Famous quotes containing the word airport:
“It was like taking a beloved person to the airport and returning to an empty house. I miss the people. I miss the world.”
—Susan Sontag (b. 1933)