Friday, January 04, 2019

India mulls airport expansion

Gurugram: India’s aviation market is experiencing fast expansion that according to the International Air Transport Association (IATA), will probably reach 487 million passengers (based on trips) by 2036.

While it is an enviable position to be in, there is just one roadblock in this unprecedented growth – the country’s airports are currently straining to meet rising demand.

With an increase in footfalls and the airside capacity squeezed, the Indian airport infrastructure has creaked under pressure and a steadfast build-up in airport capacity is what the country needs urgently.
The airports at four metro cities in the country – New Delhi, Mumbai, Hyderabad and Bengaluru – cater to nearly 55% of the country’s total air traffic and are operating at near-full capacity.

India’s top 10 airports handled 232 million passengers in 2018 in comparison to just 124 million in 2013.

This feverish growth in domestic aviation in the country over the last several years brings forth the need for more airports in the country. To handle the steep rise of the passenger influx, an investment of INR 300 billion (USD4.28 billion) would be required to expand their capacity by 2021.
04/01/19 TTR Weekly