An aerodrome or airdrome is a location from which aircraft flight operations take place, regardless of whether they involve air cargo, passengers, or neither. Aerodromes include small general aviation airfields, large commercial airports, and military airbases. The term airport may imply a certain stature (having satisfied certain certification criteria or regulatory requirements) that an aerodrome may not have achieved. That is to say, all airports are aerodromes, but not all aerodromes are airports.
India needs to build 50 new airports with investments of Rs.2.72 lakh crore, to handle air traffic in the next 5-7 years.
For the last one-and-a-half years, India has been the fastest growing air traffic market in the world.
As India is set to become the third-largest aviation market in the world in the next five to seven years, according to consultancy firm CAPA, it needs to come up with a firm plan to build 50 new airports at an investment of Rs.2.72 lakh crore to handle the growing air traffic. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
· Bangalore International Airport Ltd.
· Delhi Aviation Services Pvt. Ltd.
· Delhi International Airport Pvt. Ltd.
· G M R Hyderabad Intl. Airport Ltd.
· I A L Airport Services Ltd.
· Kannur International Airport Ltd.
· Latur Airport Pvt. Ltd.
· Mundra International Airport Pvt. Ltd.
· Nanded Airport Pvt. Ltd.
· Osmanabad Airport Pvt. Ltd.