Air India SATS Airport Service to develop Multi-Modal Cargo Hub at Noida International Airport

Air India SATS Airport Services (AISATS) has signed a concession agreement with Yamuna International Airport (YIAPL), to build a Multi-Modal Cargo Hub (MMCH) at Noida International Airport in Uttar Pradesh, India. YIAPL is a special purpose vehicle formed by Noida Airport concessionaire Zurich AG. As a part of the deal, AISATS will be responsible for designing, building, financing and operating the MMCH, which will span 87 acres and comprise an Integrated Cargo Terminal (ICT) and an Integrated Warehousing & Logistics Zone (IWLZ). Nipun Aggarwal, Chairman, AISATS, said: “Air India sees tremendous growth opportunities in Uttar Pradesh and is keen to