Tuesday, May 30, 2006

Revenue of non-metro airports in full throttle

New Delhi: Rapid growth in low-cost airline business has increased 2005-06 revenue of non-metro airports like Hyderabad, Coimbatore, Ahmedabad, Cochin and Pune by more than 50%, although on a smaller base. In comparison, the revenue of the Airports Authority of India (AAI) — which manages 126 metro, non-metro and international airports — grew just 12.78% in 2005-06.
While airport-specific revenue numbers are still unavailable, growth in aircraft movement confirms the spike in revenue. Domestic aircraft movement in Hyderabad, for instance, has grown 64.9% in 2005-06, followed by Coimbatore (59.7%), Cochin (54%), Ahmedabad (52.8%) and Pune (50.6%). Aircraft movement in Delhi grew 31.4%. Hyderabad alone handled 40,875 domestic aircraft in 2005-06.
Other airports registering high growth in revenue were Jaipur, Udaipur, Srinagar, Amritsar, Ambala, Thiruvananthapuram, Visakhapatnam, Mangalore, Nagpur, Goa, Varanasi and Trichy.
30/05/06 Atreyee Dev Roy/Financial Express
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