Thursday, February 09, 2017

Government has 'no vision' on airports; crisis imminent: MIAL CEO

Mumbai: The Indian government currently has 'no vision' in airport infrastructure and the mammoth aircraft orders by airlines pitted against paucity of airport space will create 'a crisis' for the industry in the coming years, said the CEO of Mumbai airport, the country's second busiest and most congested airport.
'The way aircraft are being ordered, I don't know where they will be parked, where they will fly. All major airports will be constrained in the next five years. There will be a crisis,' said Rajeev Jain at the CAPA India Aviation Summit 2017.
He said several airport modernisation projects haven't been enough to handle growing traffic. He gave the example of Guwahati and Madurai which have been saturated even before their expansion was completed by the state-run Airports Authority of India.
ET had in July last year estimated that the aggressive fleet expansion by Indian carriers may far outstrip the growth in demand for air travel, forcing airlines to take a hit on yields. The additional capacity will also be difficult to sustain unless airport infrastructure in the country is rapidly developed.
09/02/17 Anirban Chowdhury/Economic Times

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