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Airports Authority of India is facing funding shortfall for expansion as traffic remains low

10-Mar-2009

Airports Authority of India reports total passenger numbers across India declined 12.6% year-on-year to 9.4 million in Dec-08. A slump in domestic passenger traffic influenced the overall decline, with domestic passenger numbers down 18.5% year-on-year. International traffic growth remained positive, rising 3.6% year-on-year to 2.95 million passengers. [895 words]

Unlock the following content in this report:

Subheadings:

  • Increases aeronautical charges and implements development fees to boost revenues
  • Granted Miniratna Status by Government
  • New Civil Aviation Requirements
  • Duty free concessions up for retender

Graphs and data:

  • Indian Airports passenger traffic by international and domestic: Jan-08 to Dec-08
  • Details of modernisation and expansion of Chennai and Kolkata airports
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