Breaking |

Breaking |

USTDA signs MOU with AAI to develop Kolkata, Lucknow airports
Published : Sep 13, 2017, 11:48 am IST
Updated : Sep 13, 2017, 11:48 am IST
SHARE ARTICLE

Washington: The US Trade and Development Agency has signed a memorandum of understanding with the Airports Authority of India to support a 20-year master plan aimed at expansion of operational capacities of the Kolkata and Lucknow international airports, an official said today.   


Advertisement

Airports Authority of India (AAI) selected Cincinnati- based Landrum & Brown (L&B) company to conduct the master planning, which will incorporate sustainable and environment- friendly ways to accommodate the anticipated increase in demand at two of the fastest growing airports in AAI's network, US Trade and Development Agency (USTDA) said.   


"We are pleased to support this important project that will support India's rapid aviation growth, while connecting US businesses with new export opportunities," said Thomas R Hardy, USTDA's Acting Director. Under the US-India Aviation Cooperation Programme, USTDA has supported a number of similar activities aimed at helping the India's growing aviation market.  

Advertisement


As the world's ninth largest aviation market, India's civil aviation sector is on a high growth trajectory, poised to be the third largest national market by 2020 and, potentially, the largest by 2030.   This project will advance India's priorities of expanding capacity at two of the busiest airports in the country, it said.   


Advertisement

Mark A Perryman, Chief Executive Officer L&B, said his company was looking forward to the opportunity to assist AAI in developing their long-term modernisation plans for Kolkata and Lucknow International Airports and bringing the best in class and technologies to solve complex issues at these vital transportation hubs.   


Virginia-based USTDA is an independent agency of the US government. Established in 1961, the agency promotes economic development and US commercial interests in developing and middle income countries. PTI

Advertisement

SHARE ARTICLE
Advertisement

Good News Amid Gas-Oil Crisis: Crude Oil Ship Arrives in Mumbai

12 Mar 2026 5:44 PM

Anmol Gagan Mann Slams Political Parties for Drug Menace, Punjab Under Fire

10 Mar 2026 6:23 PM

Hoshiarpur: \'Open the shutters, we will go home too\', attackers entered with weapons, people from outside closed the shutters

10 Mar 2026 6:19 PM

The entire Congress insults our women - Minister Harpal Cheema

10 Mar 2026 6:17 PM

Punjab Budget 2026 : Rs 1,000 per month for women under \'Mukh Mantri Mawan Dhiyan Satkar Yojana

08 Mar 2026 5:04 PM

Grand final clash today in the T20 World Cup; the cricket teams of India and New Zealand will face each other

08 Mar 2026 5:01 PM
Advertisement