Sunday, August 30, 2020

Delhi's IGI Airport expects 73% decline in traffic

New Delhi: IGI Airport is staring at a 73% fall in traffic this financial year with an expected total passenger number of 1.8 crore — down from 6.7 crore in the April 2019-March 2020 period.
1
Delhi International Airport Ltd (DIAL), which manages Indira Gandhi International Airport, now estimates the post-Covid recovery in air travel only by the financial year 2023-24, when it expects 7.3 crore flyers.
DIAL has submitted its revised passenger numbers to Airports Economic Regulatory Authority in response to a consultation paper issued by the latter for determining tariff for April 2019-March 2024. While international passengers in 2020-21 (April to March) are expected to be 33 lakh — down 82% from 1.7 crore in the previous fiscal, the domestic count is likely to hover around 1.5 crore — a fall of 70% from almost 5 crore in 2019-20. One of IGIA’s three runways is being used as a storage for grounded planes since March.
The sharp fall has had a crippling effect on the aviation industry’s fortunes, with many players now struggling to survive. DIAL itself is in the midst of implementing a Rs 8,632-crore infrastructure upgrade of laying the fourth runway, expanding Terminal 1, and constructing an elevated taxiway, among others.
According to the data of Directorate General of Civil Aviation, the pandemic-struck January-July has seen 3.7 crore domestic flyers across the country, 55% less than 8.2 crore in the same period last year.
30/08/20 Saurabh Sinha/Times of India

To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment