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

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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.

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