Greater Noida : Once ready in 2023, the International Airport in Jewar township here in Uttar Pradesh is expected to boost the aviation industry by decongesting the national capital's IGIA as well as expanding the reach of air services to a 'larger population base of the NCR region', experts opine.
Accordingly, industry experts predicted the project to aid airlines to open new routes and add capacity to Delhi sector.
"With Delhi International Airport expected to reach its capacity in the next 3-5 years, it was imperative a second airport to service the NCR region comes up pretty quickly," CRISIL Infrastructure Advisory's Director Jagannarayan Padmanabhan said.
"A successful close of a high value PPP transaction with greenfield development obligation, augurs well for spurring private sector investments in core infra sectors."
Besides, the upcoming airport is expected to open up additional routes along with increasing frequencies from the NCR to other metros and remote regions.
"The new airport's addition will thus allow airlines to start these routes, which will in turn provide convenience to travelers," said Kinjal Shah, VP, Corporate Sector Ratings, ICRA.
10/12/19 New Kerala
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Accordingly, industry experts predicted the project to aid airlines to open new routes and add capacity to Delhi sector.
"With Delhi International Airport expected to reach its capacity in the next 3-5 years, it was imperative a second airport to service the NCR region comes up pretty quickly," CRISIL Infrastructure Advisory's Director Jagannarayan Padmanabhan said.
"A successful close of a high value PPP transaction with greenfield development obligation, augurs well for spurring private sector investments in core infra sectors."
Besides, the upcoming airport is expected to open up additional routes along with increasing frequencies from the NCR to other metros and remote regions.
"The new airport's addition will thus allow airlines to start these routes, which will in turn provide convenience to travelers," said Kinjal Shah, VP, Corporate Sector Ratings, ICRA.
10/12/19 New Kerala
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