Adani Enterprises shares gain on robust performance of airport arm
AAHL handled over 1 million tonnes of cargo in FY24, up by 7% on YoY basis, capturing a 30.1% market share.
AAHL handled over 1 million tonnes of cargo in FY24, up by 7% on YoY basis, capturing a 30.1% market share.
Even as the recently introduced biometrics-based service at India’s airports sees some teething troubles, adopters are growing like few government services have.
Dwarka Expressway provides additional connectivity between Gurugram and Delhi, serving as an alternative route to the existing NH 8.
Another key highlight in the interim budget is the expansion of airport and railway infrastructure, seen as crucial for overall economic growth, says Murty
Last year, the state government announced its decision to build a second airport for Chennai to meet the increasing passenger traffic.
The net loss of GMR Airports widened to ₹441.47 crore in Q4 FY23 compared with loss of ₹141.28 crore in the corresponding quarter of the previous fiscal year.
The Airports Authority of India’s planned exit from four metro airports and its privatisation drive has raised concerns about ‘private monopoly’. But the government is clear: monetise public assets.
The research firm says high passenger growth will add to congestion woes at airports in New Delhi, Mumbai, Bengaluru and Hyderabad, which on an aggregate operate at over 130% of their capacity.
Improved regional connectivity boosted by the government’s UDAN scheme behind the growth.
The Airports Council International ranks Delhi and Mumbai airports high, but how hard will the titles be to retain?