AAI signs performance related MOU with the government for the year 2007-08

Airports Authority of India (AAI) has signed a Memorandum of Understanding with the Ministry of Civil Aviation. This Memorandum spells the targets to be achieved by Airports Authority of India on key performance areas for the year 2007-08.

During 2007-08, AAI targets to achieve Gross Margin of Rs. 1850 crores against Rs. 1400 crores in the 2006-07. Amongst other thrust areas spelled out in MOU are Customer Satisfaction (77%), ISO Certification of Airports of 11 Airports.

To improve the efficiency of Cargo Processing, AAI targets to process 96% of International Cargo (Export) in 2 days and 98% of International Cargo (Import) in 24 hrs. Safety related targets include - bird strike rate to be limited below 0.50 per ten thousand aircraft movements & airprox incidents below 1.80 per one lakh aircraft movements. There are 12 highly priority projects identified to be completed during the year 2007-08.

It may be recalled that Airports Authority of India has been awarded MOU Excellence Certificate for the year 2004-05 by Government of India.

Source : Press Information Bureau

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