93% of the Government owned Airports are making Losses: Collective loss of 4788 crores in the last four years

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Demand for airports in smaller cities has been growing every year. While the demands may be fair, as many as 93% of the airports owned by Airports Authority of India (AAI) are making losses. In the last four years from 2010-11 to 2013-14, these airports have accumulated a cumulative loss of 4788 crore rupees.