IndiansinKuwait.com - India Kuwait News and updates

IndiansinKuwait.coom

Bengaluru airport most profitable in India under PPP mode

Agencies Tuesday, December 5, 2023
Bengaluru airport most profitable in India under PPP mode

Bengaluru airport emerged as India's most profitable airport, reporting a profit of Rs 528.3 crore during 2022-2023, Union Minister VK Singh informed in Rajya Sabha. Only three out of the 14 airports under the Public-Private Partnership (PPP) mode were in profit during 2022-2023, Minister said.

Cochin airport secured the second position with a profit of Rs 267.1 crore, and Hyderabad claimed the third spot with Rs 32.9 crore in profits during 2022-2023.

Ahmedabad airport incurred the highest loss of Rs 408.51 crore in 2022-2023, followed by Delhi (Rs 284.8 loss), Lucknow (Rs 160.6 crore loss), Mopa (Rs 148.3 crore loss), Kannur (Rs 131.9 crore loss), Jaipur (Rs 128.5 crore loss), Mangaluru (Rs 125.9 crore loss), Thiruvananthapuram (Rs 110.1 crore loss), Guwahati (Rs 60.9 crore loss), Durgapur (Rs 9.1 crore loss) and Mumbai (Rs 1.04 crore loss).

Among the 125 airports operated by the Airports Authority of India (AAI), Kolkata emerged as the most profitable, reporting Rs 482.3 crore, followed by Chennai (Rs 169.5 crore), Calicut (Rs 95.3 crore), Tiruchirapalli (Rs 31.5 crore), Coimbatore (Rs 12.6 crore), Bhubaneswar (Rs 11.8 crore), Chandigarh (Rs 9.5 crore), Bagdogra (Rs 2.7 crore), Asansol (Rs 2 crore), Leh (Rs 1.8 crore), Kanpur Chakeri (Rs 1.4 crore) and Darbhanga (Rs 1.1 crore)

25 airports under the Airport Authority of India are earmarked for leasing for the period between 2022 and 2025, Minister informed. This include Bhubaneswar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry.


  IndiansinKuwait.com is now on WhatsApp Channel    Follow Channel


📣 IndiansinKuwait.com is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines

Read this article online at

Express your comment on this article

 
Shameer
Wednesday, December 6, 2023
Calicut is a very small airport compared to Chennai and Kolkata, and since the permission of big planes has been revoked, only small planes are operating for a long time now. Authorities are trying to kill Calicut Airport for the Big ''B''ies of Kochi and Kannur.

If Calicut survives all odds and is still profitable, Calicut should top the list.

Submit your comments...
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

 
KCICAI conducted online chess tournament

KCICAI is proud to announce the successful conclusion of its Online Annual Chess Tournament 2024 for its members and familie...

IMA-YouthWing launched  Save Water, Energy Today and Save Life for Tomorrow campaign

The *IMA-YouthWing* launched its much-anticipated campaign, *Save Water, Energy Today and Save Life for Tomorrow* at Masjid-...

UPNRI Forum Kuwait Successfully Completes General Body Elections

The UPNRI Forum Kuwait has successfully completed its general body elections, and the newly appointed office bearers for t...

Bharatiya Pravasi Parishad (BPP) Kuwait conducts seminar on ‘Income Tax Awareness for NRIs’

On 11th July 2024, Bharatiya Pravasi Parishad (BPP) Kuwait Fahaheel area committee conducted an online seminar on the subjec...

SMCA Kuwait, an organization of Syro Malabar held the Dukhrana Thirunal 2024

SMCA Kuwait, an organization of Syro Malabar faithful in Kuwait, recently held the Dukhrana Thirunal ( Feast of St. Thomas t...

go top