Airports Authority of India (AAI) presented a dividend cheque of INR14.3 billion (USD322 million) to Civil Aviation Minister Praful Patel, who received it on behalf of the government, with the 2008/09 dividend amount increasing 3.7% year-on-year (PTI, 02-Nov-2010). During the last fiscal year, AAI earned a revenue of INR46.2 billion (USD1.0 billion), representing year-on-year growth of 10.2%. The profit before tax in 2009/10 was INR12.3 billion (USD277 million), a 10.0% year-on-year increase while profit after tax was INR7.1 billion (USD161 million) for year-on-year growth of 3.6%.
Airports Authority of India's revenue, profit and dividend increase
You may also be interested in the following articles...
CAPA Airport Finance & Privatisation Review 2015/2016. The day has come for PPPs
CAPA's 170-page "Global Airport Finance and Privatisation review 2016 – the day has come for the PPP" is is the fourth in a series of CAPA reports on airport privatisation and investment published since Jan-2015.
During that time a number of deals have been concluded and announced across the world though their volume remains below the levels prior to 2008. One of the key trends is an identifiable increase in activity in public-private partnerships (PPPs) globally.
In a world where obtaining a viable return on investment remains a difficult task it is evident that investor sentiment once again favours long term transport infrastructure. Airports are among the well tested models for investment.
India is driving expansion in South Asia
Aviation activity in South Asia in 2017 is expected to be dominated once again by India, currently the fastest growing large market in the world. As India goes through one of the brightest periods of its economic and aviation growth, the prospects look more positive for sustainable growth than recent history has delivered.
Nothing is ever wholly predictable in India’s market, but the country does seem to have turned a corner. While domestic growth has surged, the addition of one more of India’s LCCs to international routes in 2017 will help promote the country’s international profile. As this rapid aviation growth occurs however, the inadequacy of India’s infrastructure is building to become a major stumbling block.