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Ministry of Civil Aviation: AAI pays final dividend for 2008-09

17-Dec-2009
Ministry of Civil Aviation: AAI pays final dividend for 2008-09
For the financial year 2008-09, Airports Authority of India (AAI) earned revenue of Rs.4185.95 crores and profit before tax Rs.1115.72 crores and profit after tax Rs.687.21 crores and has paid Dividend of Rs.137.40 crores to the Government of India. This includes Rs.100 crores as Interim Dividend and Rs.37.40 crores as Final Dividend.

In the process of modernizing its airport terminals, passengers facilities and Air Traffic and Navigational Aids, AAI spent a sum of rs.2547.57 crores in the year 2008-09 which is also the highest Capital Expenditure incurred so far by AAI.

The Cheque for Final Dividend of Rs.37.40 crores was presented to Shri Praful Patel, Minister for Civil Aviation by Shri V.P. Agrawal, Chairman, AAI in the presence of Shri M. Madhavan Nambiar, Secretary, Ministry of Civil Aviation and other senior officials of the Ministry and AAI.

(c) Centre for Asia Pacific Aviation. Date posted: 17-Dec-09

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