<p>The Airports Authority of India (AAI) on Sunday midnight handed over the Lucknow airport to the Adani group on lease for a period of 50 years.</p>.<p>The AAI had handed over the Mangaluru airport to the group on October 30 midnight.</p>.<p>The central government in February 2019 privatised six major airports of the country -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years.</p>.<p>"On November 2, 2020, at 00:00 midnight, AAI's senior officials exchanged Memorandum & handed over Lucknow Airport @aailkoapt to @AdaniOnline," the AAI said on Twitter.</p>.<p>"Shri A.K Sharma, APD (Airport Director), Lucknow exchanged symbolic key in accordance with concession agreement & future development," it added.</p>.<p>The AAI had signed concession agreements with the Adani group on February 14 for operations, management and development of the Mangaluru, Lucknow and Ahmedabad airports.</p>.<p>On October 22, the AAI said in a press release that the Adani group would be taking over the airports at Mangaluru, Lucknow and Ahmedabad by October 31, November 2 and November 11, respectively.</p>.<p>The concession agreements for the other three airports -- Jaipur, Guwahati and Thiruvananthapuram -- were signed between both the parties in September.</p>
<p>The Airports Authority of India (AAI) on Sunday midnight handed over the Lucknow airport to the Adani group on lease for a period of 50 years.</p>.<p>The AAI had handed over the Mangaluru airport to the group on October 30 midnight.</p>.<p>The central government in February 2019 privatised six major airports of the country -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years.</p>.<p>"On November 2, 2020, at 00:00 midnight, AAI's senior officials exchanged Memorandum & handed over Lucknow Airport @aailkoapt to @AdaniOnline," the AAI said on Twitter.</p>.<p>"Shri A.K Sharma, APD (Airport Director), Lucknow exchanged symbolic key in accordance with concession agreement & future development," it added.</p>.<p>The AAI had signed concession agreements with the Adani group on February 14 for operations, management and development of the Mangaluru, Lucknow and Ahmedabad airports.</p>.<p>On October 22, the AAI said in a press release that the Adani group would be taking over the airports at Mangaluru, Lucknow and Ahmedabad by October 31, November 2 and November 11, respectively.</p>.<p>The concession agreements for the other three airports -- Jaipur, Guwahati and Thiruvananthapuram -- were signed between both the parties in September.</p>