| What does the analysis of AAI's expenses during the fiscal year 2022-23 include? | a breakdown of significant expense changes: Employee Benefit Expenses Total Increase: ₹ 303 | A detailed analysis of the changes in AAI’s expenses during the fiscal year 2022-23 is dealt in this section. The following is a breakdown of significant expense changes: Employee Benefit Expenses Total Increase: ₹ 303.42 Crores (8.20%) The increase in Employee Benefit Expenses primarily results from the following factors: • An increase in Pay & Allowances, contributing ₹ 409.22 Crores. | 127 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | The following is a breakdown of significant expense changes: Employee Benefit Expenses Total Increase: ₹ 303. | 50 | page=50,block=1 | 0.850 | valid |
| What is the purpose of the Air Sewa initiative launched by the Ministry of Civil Aviation in 2016? | an initiative of Ministry of Civil Aviation, launched in 2016, to offer passengers a convenient and hassle-free air travel experience | 3.5 Air Sewa Air Sewa is an initiative of Ministry of Civil Aviation, launched in 2016, to offer passengers a convenient and hassle-free air travel experience. Air Sewa platform brings various aviation stakeholders like airports, airlines, DGCA, BCAS etc. | 25 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | Air Sewa Air Sewa is an initiative of Ministry of Civil Aviation, launched in 2016, to offer passengers a convenient and hassle-free air travel experience. | 37 | page=37,block=1 | 0.850 | valid |
| What was the status of AAI's capital during the financial year 2022-23? | no changes, during the financial year 2022-23, in the capital of AAI and it stood at ₹ 656 | CHANGES IN THE CAPITAL STRUCTURE, LONG TERM LOANS AND OTHER SIGNIFICANT ITEMS Capital Structure: AAI is 100% Government owned Statutory Corporation. There were no changes, during the financial year 2022-23, in the capital of AAI and it stood at ₹ 656.56 Crores as on March 31, 2023. | 160 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | There were no changes, during the financial year 2022-23, in the capital of AAI and it stood at ₹ 656. | 20 | page=20,block=3 | 0.850 | valid |
| How should the amount received for work in progress as on the Commercial Operation Date be accounted for? | as Operating Lease Income over the lease period as per AS-19. | (iv) The Consultant after analyzing the provisions of AAI Act, 1994, the relevant Concession Agreements, information and explanations in relating to the transactions provided by AAI, Accounting Standard-9 “Revenue Recognition”, Accounting Standard-19 “Lesses”, India Accounting Standard-115 “Revenue from Contracts with customers” has opined the following with regard to the Accounting treatment. a) The upfront payment received by AAI towards the Estimated Deemed Initial RAB should be accounted for as Operating Lease Income over the Lease Period. Asset will continue to appear in the books of AAI. b) In respect of amount received/receivable by AAI towards the value of Work in progress as on the Commercial Operation Date (COD) from the concessionaire, the amount so accrued should be accounted for as Operating Lease Income over the lease period as per AS-19. | 803 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | b) In respect of amount received/receivable by AAI towards the value of Work in progress as on the Commercial Operation Date (COD) from the concessionaire, the amount so accrued should be accounted for as Operating Lease Income over the lease period as per AS-19. |
| How should the upfront payment for the Estimated Deemed Initial RAB be accounted for according to the consultant's opinion? | as Operating Lease Income over the Lease Period. | (iv) The Consultant after analyzing the provisions of AAI Act, 1994, the relevant Concession Agreements, information and explanations in relating to the transactions provided by AAI, Accounting Standard-9 “Revenue Recognition”, Accounting Standard-19 “Lesses”, India Accounting Standard-115 “Revenue from Contracts with customers” has opined the following with regard to the Accounting treatment. a) The upfront payment received by AAI towards the Estimated Deemed Initial RAB should be accounted for as Operating Lease Income over the Lease Period. Asset will continue to appear in the books of AAI. b) In respect of amount received/receivable by AAI towards the value of Work in progress as on the Commercial Operation Date (COD) from the concessionaire, the amount so accrued should be accounted for as Operating Lease Income over the lease period as per AS-19. | 501 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | a) The upfront payment received by AAI towards the Estimated Deemed Initial RAB should be accounted for as Operating Lease Income over the Lease Period. Asset will continue to appear in the books of AAI. |
| On what basis was the Multi Level Car Parking with Integrated Commercial developed? | DBOM Basis (Construction cum license to Operate and Maintain) | The MLCPs would generate Consistent significant revenue stream to AAI through Minimum Annual Guarantee (MAG) and revenue sharing for 15/20 years. Development of Multi Level Car Parking with Integrated Commercial on DBOM Basis (Construction cum license to Operate and Maintain) has been completed at both Chennai and Pune Airports. COD of Pune Airport was received on 01.12.2022 and Chennai Airport on 04.12.2022. Award of slot for Flying Training Organization (FTOs): In June 2022, after a competitive bidding process, six more FTO slots were awarded by AAI at five Airports, Bhavnagar (Gujarat), Hubballi (Karnataka), Kadapa (Andhra Pradesh), Kishangarh (Rajasthan) and Salem (Tamil Nadu). AAI has issued Land Management Circular through which allotment of land/ space for setting up FTOs at AAI Airports to willing agencies on card rate basis for a period of 25 years. | 215 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | Development of Multi Level Car Parking with Integrated Commercial on DBOM Basis (Construction cum license to Operate and Maintain) has been completed at both Chennai and Pune Airports. |
| What accessibility feature is designed to assist individuals in navigating staircases? | Staircases with Handrails (in main passenger movement zones) | AAI is proactively implementing the general guidelines encompassing ten key accessibility features, as prescribed by the Ministry of Social Justice and Empowerment, at all airports to enhance accessibility. These features encompass: 1. Accessible Route/Approach 2. Accessible Parking 3. Accessible Entrance to the Building 4. Accessible Reception (Helpdesk) 5. Accessible Corridor/Tactile Flooring 6. Accessible Lifts 7. Staircases with Handrails (in main passenger movement zones) 8. Accessible Toilets 9. Accessible Drinking Water Facilities 10. Signage This concerted effort is part of AAI’s commitment to ensuring that all individuals, regardless of their specific needs, can enjoy the benefits of air travel in a dignified and inclusive manner. | 421 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | Accessible Lifts 7. Staircases with Handrails (in main passenger movement zones) 8. | 56 | page=56,block=33 | 0.700 | valid |
| What are Airfield Crash Fire Tenders used for at airports? | Airfield Rescue and Fire Fighting Operations at Airports | i. Procurement of 30 Nos Airfield Crash Fire Tenders: Purchase Order for the supply and CAMC of 30 Nos. Airfield Crash Fire Tenders was placed for their operational use at Various Airports in India. These Airfield Crash Fire Tenders (ACFTs) are fully built up unit and have a water tank capacity of 10,000 litres. These ACFTs are used for Airfield Rescue and Fire Fighting Operations at Airports and are essential for maintaining fire category of the Airport. The ACFTs will be supplied and commissioned in FY: 2024-25. | 339 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | These ACFTs are used for Airfield Rescue and Fire Fighting Operations at Airports and are essential for maintaining fire category of the Airport. | 43 | page=43,block=18 | 0.700 | valid |
| What capability does the Performance-Based Communication and Surveillance (PBCS) contract enable for Chennai ATM Automation system? | enabling performance-based communication and surveillance for increased flight handling capacity | NOTAM, Flight Plans or Meteorological Data). • Purchased ATM Automation System and ASMGCS (including SMR & MLats) for Mumbai, Navi Mumbai, MOPA (without ASMGCS), HIAL & BIAL to provide Air Surveillance Data along with flight related information to the Air Traffic Controllers for safe and efficient management of Air Traffic. • Software Support Contracts: Software maintenance support contracts awarded for Chennai, Kolkata, and Mumbai ATM Automation systems, enhancing system reliability. • Performance-Based Communication and Surveillance (PBCS): Contract awarded for Chennai ATM Automation system, enabling performance-based communication and surveillance for increased flight handling capacity. | 601 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | • Performance-Based Communication and Surveillance (PBCS): Contract awarded for Chennai ATM Automation system, enabling performance-based communication and surveillance for increased flight handling capacity. | 41 |
| What designation does Shri Ravindra Singh Balawat hold in the CSR committee? | Part time Non-Official Member (Independent) | 2. Composition of CSR Committee S No. Name of Director Designation Number of meetings of CSR committee held during the year Number of meetings of CSR committee attended during the year 1. Shri Sanjeev Kumar, IAS Chairman, AAI 1 1 2. Shri Anil Kumar Pathak Functional Member 1 1 3. Shri Ravindra Singh Balawat Part time Non-Official Member (Independent) 1 1 3. Provide the web link(s) where composition of CSR committee, CSR Policy and CSR projects approved by the board are disclosed on the website of the company. | 309 | definition | 1.000 | https://www.aai.aero/sites/default/files/AAI_AR_2023_ENG_LARGE.pdf | Shri Ravindra Singh Balawat Part time Non-Official Member (Independent) 1 1 3. | 84 | page=84,block=2 | 0.700 | valid |