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AAI incurred Rs 70 crore losses, says CAG report

AAI incurred Rs 70 crore losses, says CAG report

Wednesday, April 5, 2017, 8:54 PM

The Airports Authority of India incurred over Rs 70 crore loss, partly due to non-inclusion of certain portion of land in relation to lease agreement for the Delhi airport, CAG said today. The top auditor said AAI suffered a loss of Rs 41.68 crore due to lack of appropriate action and undue benefit extended to a contractor for advertising sites at the Kolkata airport.
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