AAI (Airport Authority of India) is a vital organization, established in 1995, that oversees the management and development of civil aviation infrastructure in India. With a vast network of 126 airports, including 11 international and 89 domestic ones, along with 26 civil enclaves at Defense airfields, AAI plays an essential role in the country's airspace covering 2.8 million square nautical miles. In the year 2002-03, AAI facilitated approximately 5 lakh aircraft movements (4 lakh domestic and 1 lakh international), serving around 40 million passengers (26 million domestic and 14 million international), and handling 9 lakh tonnes of cargo (3 lakh domestic and 6 lakh international).
By merging the erstwhile National Airports Authority and International Airports Authority of India, AAI emerged as a unified entity responsible for creating, upgrading, and maintaining the aviation infrastructure. With its extensive reach and impact on the aviation sector, AAI presents a compelling opportunity for investors looking to participate in India's growing aviation industry. However, no recent data regarding the last investment or investors is available. AAI's significant role, consistent performance, and potential for further growth make it a noteworthy prospect for venture capital involvement in the aviation sector.
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