Adani group is subjected to violation of branding, logo pacts: Media Reports

Jul 22 2021 08:15 AM
Adani group is subjected to violation of branding, logo pacts: Media Reports

NEW DELHI: Three committees of the Centre-run Airports Authority of India (AAI) in January found the Adani group to be in violation of branding norms, prescribed in the concession agreements, at the airports in Ahmedabad, Mangaluru and Lucknow that the conglomerate took over last year.

 In consequence, the Adani group conglomerates, which are currently operating these three airports, have started making changes in brandings and displays in order to bring them in accordance with the concession agreements that they had signed with the AAI. As on June 29, the changes in brandings and displays were in process at Lucknow and Manglauru airports and had been completed at the Ahmedabad airport, the AAI stated.

The Adani group won the bids to run the aforementioned three airports in February 2019. Its companies namely,  Adani Lucknow International Airport Limited (ALIAL), Adani Mangaluru International Airport Limited (AMIAL) and Adani Ahmedabad International Airport Limited (AAIAL) signed the concession agreements with the AAI in February 2020. These companies then took charge of airports in October and November 2020.

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