Another loss making PSU has made profit. Airport Authority of India (AAI), which was struggling hard to revive has posted an envious revenue of Rs.10,000 crore and a profit of Rs. 2,537 crores for 2015-16. This is glad news.
Despite the fact that the government has handed over four major profit-making Airports ie. Delhi, Mumbai, Bengaluru and Hyderabad to private players which created major loss of revenue to AAI, it has come back with good revenue and profit in this financial year.
Hearty Congratulations to the management and workers of AAI!