Wednesday, October 24, 2012

At Rs. 88 per flyer, Mumbai airport most cost-efficient

Mumbai: Even as flyers from Mumbai gear up for another hike due to the possible increase in airport tariffs, a fact, which may bring some rejoice is that Mumbai airport stands out to be the most cost efficient in the country with cost per passenger incurred being as low as Rs88.
The privately run Mumbai airport is operated by a consortium led by GVK. The total project cost presently stands at Rs12,380 crore as against the estimated project cost in 2009, which stood at Rs9,802 crore. The airport operator has approached Airport Economic Regulator Authority (AERA), the economic regulator, seeking an increase in the airport tariffs.
As per the data provided by Mumbai airport to AERA, as many as 29.07 million passengers travelled during last year. The data calculates the cost per passenger to be Rs88.
In comparison, Delhi airport, which sees the highest air passenger movement, had around 29.94 million passengers last year. With operating expenditure of Rs5,474 for the same period, the cost per passenger turns out to be around Rs183, which is more than double as compared to Mumbai.
24/10/12 Shahkar Abidi/Daily News & Analysis
To Read the News in full at Source, Click the Headline