Sunday, July 15, 2012

'Growing air traffic will fuel airport construction in India'

New Delhi: Burgeoning air traffic would prompt construction of second airports in five major metros and a third in Mumbai as an estimated USD 30 billion would be invested on such infrastructure over the next decade, an aviation consultancy firm has said.
Over the next 10 years, Bangalore, Chennai, Delhi, Hyderabad and Kolkata are expected to provision for a second airport and Mumbai would need to start preparing for a third one, based on current growth estimates, the Centre for Asia Pacific Aviation (CAPA) said in a study.
High traffic growth was also being witnessed at several non-metros with several airports having "already outgrown their existing infrastructure", the Sydney-based aviation consultancy firm said.
15/07/12 Business Standard
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