Hyderabad Airport extends target breakeven schedule
The effect of the global recession continues to take its toll on aviation companies, including Hyderabad Rajiv Gandhi International Airport (GHIAL), which has extended its targeted breakeven schedule by “several years”, due to reduced air travel demand. The airport company previously projected 2014 as the breakeven year. [567 words]
Unlock the following content in this report:
- Traffic growth in the positive for the first time since May-2008
- GMR Infrastructure restructures with four separate subsidiaries
Graphs and data:
- Hyderabad Rajiv Ghandi International Airport passenger traffic growth (% change year-on-year): Jul-2008 to Jul-2009
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