Bajpe Airport Earns Profit for First Time

Mangalore: Bajpe (Mangalore) airport of the Airports Authority of India (AAI) for the first time earned a profit of Rs. 83 lakh (provisional) during 2006-07, according to M.R. Vasudeva, director of the airport.
Speaking to The Hindu he said that the airport earned Rs. 11.02 crore (provisional) in revenue during the period. The expenditure during the same period stood at Rs. 10.19 crore (provisional). "These are provisional figures subject to audit," he clarified. All these years the airport was under loss.
He attributed the profit mainly to increase in air traffic in the last financial year. Hence, the traffic revenue, which mainly came from route navigation, landing and parking charges, went up. Three international flight services were started in the last financial year.
There was an increase in non-traffic revenue too. Revenue earned from renting out its terminal building premises to airline operators, from hoardings and display advertisements, snack bar, car park, travel requisite stall, restaurant and the like constituted non-traffic revenue.
19/04/07 The Hindu/Daijiworld.com

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Categories: Airports Apr 2007