Airports Authority of India

Mission :  ''To achieve highest standards of safety and quality in air traffic services and airport management by providing state-of-the-art infrastructure for total customer satisfaction, contributing to economic growth and prosperity of the nation.''                                                                                                                                                                                                                                                                                                                 Vision :  ''To be a world-class organization providing leadership in air traffic services and airport management & making India a major hub in Asia Pacific region by 2016''.
Department
Finance & Accounts
    
 
Head of the Department
 
NameMr. Shankar Chaudhary
DesignationExecutive Director
Telephone

91-11-24648721
Fax91-11-24640849
E-Mail ID

schaudhary@aai.aero

 
NameMr. S. Suresh
DesignationExecutive Director
Telephone

91-11-24622067
Fax91-11-24657924
E-Mail ID

edfinss@aai.aero
s.suresh@aai.aero

 
Other Senior Executive(s)
 
NameMr. Ravi Varma
DesignationGeneral Manager (F) (Revenue)
Telephone

91-11-24610850
Fax91-11-24610850
E-Mail ID

mrvarma@aai.aero

 
NameMr. Shekhar Khanna
DesignationGeneral Manager (F)
Telephone

91-11-24610505
Fax91-11-24610505
E-Mail ID

skhanna@aai.aero

 
Functions of Department of Finance & Accounts
 
  1. Liasing with International Civil Aviation Organisation (ICAO)
  2. Liaison & Negotiating with International Air Transporters Association (IATA) Users Group for reviewing airport charges
  3. Billing & Realization of Revenue
  4. Liaising with various airlines - domestic and international airlines, private airlines etc.
  5. Dealing with Revenue Policies & Procedures
  6. Cash Management including Investment of Funds
  7. Compilation of yearly budget for Operational Revenue & Expenditure
  8. Compilation of yearly budget for Capital Expenditure including projection of funding through internal, budgetary and extra-budgetary resources.
  9. Finalisation of annual accounts of the Authority
  10. Servicing of loans from Domestic / Foreign sources
  11. Maintenance of Employees Provident Fund & Benevolent Fund records
  12. Interacting / providing the relevant financial information to varous Government agencies like Directorate General of Civil Aviation (DGCA), Bureau of Civil Aviation Safety (BCAS), Indian Meteorological Department (IMD), Comptroller & Auditor General (CAG), Bureau of Public Enterprises (BPE), Central Industrial Security Force (CISF) including interaction with various ministries
  13. Tax planning of the Authority

Last updated on : 29th March 2011