94 of 129 airports managed by AAI suffer losses in 2017-18
Out of 129 airports owned and managed by Airports Authority of India (AAI), 94 were in losses in the financial year 2017-18, the government said. The losses were caused mainly by low revenue generation to meet the total expenditure of the respective airports. The AAI has taken steps to enhance revenue and reduce losses, Civil Aviation Minister Suresh Prabhu said. 