Friday, October 21, 2022

Air India, IndiGo on shortlist to shift to Mumbai Navi

Adani Airport Holdings (AAHL), a subsidiary of the Indian powerhouse conglomerate Adani Group, wants to shift a major airline customer from Mumbai Int'l to Mumbai Navi Airport when it opens in 2024. The operator of seven major airports in India told a recent investor briefing that the airlines on the shortlist include Air India (AI, Mumbai Int'l) and IndiGo Airlines (6E, Delhi Int'l).

According to The Business Standard newspaper, AAHL wants to move one of its two biggest airline customers to Navi when it opens to reduce pressure on Mumbai International. Capacity constraints and the airport's location means there is little scope for Mumbai International to expand beyond the existing 60 million annual passenger cap. The airport's single runway also severely restricts the number of new slots available to airlines.

According to AAHL, the transferring airline will get the benefit of prime slots at Navi, which will initially cater to 20 million passengers annually but increase to 90 million when it reaches maximum capacity. The ch-aviation PRO airports module reveals Mumbai International is presently handling 2,715 flights a week that make available 507,558 seats. IndiGo Airlines provides 37.96% of those seats, followed by Air India on 13.4%, Vistara on 12.2%, and Go First on 8.61%. AAHL says that market share sees IndiGo Airlines operating over 900 flights a week to and from the airport and Air India operating just under 400 flights a week.

21/10/22 ch-aviation

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