New Delhi: The crisis at Kingfisher Airlines, leading to flight cancellations, is going to hit the revenues of GMR-led Delhi and Hyderabad international airports (DIAL & HIAL) and GVK-led Mumbai and Bangalore international airports (MIAL & BIAL).
The private operators may incur a loss of about R20-25 crore per week on landing and parking charges due to the withdrawal of Kingfisher flights, according to experts.
“Beside landing and parking charges, the airport operators will also have lesser income on the account of space rentals and facility charges from airlines. Bangalore airport may feel the pinch a bit more, given that it was a major hub for Kingfisher flights,” say Amber Dubey, partner and aviation head, of global consultancy firm KPMG.
Kingfisher had 95 flights per day from BIAL in July 2011, which came down to 14, that too before the strike.
29/10/12 Financial Express
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The private operators may incur a loss of about R20-25 crore per week on landing and parking charges due to the withdrawal of Kingfisher flights, according to experts.
“Beside landing and parking charges, the airport operators will also have lesser income on the account of space rentals and facility charges from airlines. Bangalore airport may feel the pinch a bit more, given that it was a major hub for Kingfisher flights,” say Amber Dubey, partner and aviation head, of global consultancy firm KPMG.
Kingfisher had 95 flights per day from BIAL in July 2011, which came down to 14, that too before the strike.
29/10/12 Financial Express
