Lok Sabha Question No. 472 (STARRED), answered on 2017-04-06
Subject: Funds for Air India/AAI
Ministry: CIVIL AVIATION
Asked by: P.R. SUNDARAM

*472.

## GOVERNMENT OF INDIA MINISTRY  OF CIVIL AVIATION LOK SABHA STARRED QUESTION  NO. : 472

1To be answered on the 6tn April 20t7)

## FUNDS FOR AIR INDIA/AAT

SHRI P.R. SUNDARAM

## Will the Minister of CIVIL AVIATION ou-on ftrrm dff

be pleased to state:-

- (a) whether the Government has signed any Memorandum  of Understanding (tlloU) with foreign countries for development  of Air India and Airports Authority  of India (AAI) and if so, the details thereof' country-wise;
- (b) whether the Government has allocated substantial funds to Air India and AAI;
- (c) if so, the details thereof and the funds sanctioned during the last 3 years; and
- (d) the total revenue earned by Air India and AAI during the said period?

## ANSWER

(Shri Ashok Gajapathi Raju Pusapati)

Minister  of CIVIL AVIATION drdrJ fu{ffd rrff

(a) to (d): A Statement  is laid on the Table ofthe House.

## STATEMENT REFERRED To PART (a) To (d) IN REPLY TO THE LOK SABHA STARRED  QUESTTON  (*) NO.472 FOR ANSWER ON 06.04.2017 REGARDING FUNDS FOR AIR INDIA / AAI.

- (a)  : Airports Authority of India (AAI) on behalf of Government  of India, had {gned  a Memorandum of Understanding with Singapore Co-operation Enterprise (SCE), on behalf of Government  of Singapore, on 24th November, 2015 rvith an objective to enter into mutual cooperation in mutually  agreed areas of civil aviation  services  beginning with Jaipur and Ahmedabad airports. SCE h4d nominated Changi Airports Inlernational  (CAI) to ilr!€ract  with AAI for cooperation in civil aviation. Furthero the proposdl of Changi Airports International (CAI) was examined and was-noi found financially viable lbr AAI and it was decided  not to proceed with CIA's proposal further and go for open competitive bidding for O&NI arrangements.  The Government of India has not signed any agieement  with lbreign countries for development of Air India.
- (b) and (c): Government  of India has not infused any fund in Airports Authority of India. However, Government has been infusing Equity iil Air India as laid down in the Turnaround PIan (TAP) for Air India;As per the TAP, Government has infused a total amount  of Rs 24745.21 crores into Air India as Equity Infusion  upto the end ofFY 2016-17. The details ofthe funds sanctioned under TAP in the form of f,quity Infusion  during the last three years are given hereunder:
- (d) The details of the Total Revenue  earned by Air India and Airports Authority of India during the last three years are given below:

| Year     | Amount (Rs Crores)   |
|----------|----------------------|
| 2016-17  | 2465,21              |
| 2015-16  | 3300.00              |
| 2014-t 5 | 5780.00              |

## Air India

| Year    |   Amount (Rs Crores) |
|---------|----------------------|
| 2015-16 |              20526.1 |
| 2014-15 |              20613.2 |
| 2013-14 |              19480.7 |

Airports Authoritv of lndia

| Year    |   Amount (Rs Crores) |
|---------|----------------------|
| 2015-16 |             10824.5  |
| 2014-15 |              9284.98 |
| 2013-14 |              8170.04 |