Covid-19 impact: Adani group asks AAI for more time on airport takeover

The Adani group has deferred the takeover of three airports — Jaipur, Guwahati and Trivandrum — till December, citing disruptions caused by the second wave of Covid-19. Sources aware of the matter said the Adani group had written to the Airport Authority of India (AAI) seeking to invoke the force majeure clause so that the takeover of airports could be postponed by six months.  The company did not respond to a query on the matter. The terms of the binding concession agreements, signed on January 19, mandate that the group should take over management and opera.....

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