4 days ago
Adani Airports Plans $10 Billion Expansion Ahead of Aircraft Surge
Adani Airports wants to build more airport space before many new airplanes arrive.
It plans to spend about $10 billion over the next five years.
Indian airlines have ordered about 1,680 airplanes.
These airplanes will need places to land, park and carry passengers.
Navi Mumbai International Airport is expected to receive a large capacity increase in its next phase.
Adani also plans work at airports in Ahmedabad, Jaipur and Trivandrum.
The company currently handles about 100 million passengers and wants capacity for about 500 million within ten years.
Its chief executive says building early can help prevent crowded airports and poor passenger experiences.
Adani Airports plans about $10 billion in airport and city-side capital spending over the next five years.
The operator is expanding ahead of expected aircraft deliveries and passenger growth in India.
IndiGo and Air India have collectively ordered about 1,680 aircraft, according to their announced order books.
Navi Mumbai International Airport’s next phase is expected around 2030-31, adding roughly 30 million passengers of annual capacity.
The programme includes expansion at Navi Mumbai, Ahmedabad, Jaipur and Trivandrum, with Adani targeting capacity for 500 million passengers within a decade.
- Who
- Adani Airport Holdings, led by CEO Arun Bansal, is planning the investment; IndiGo and Air India are the airlines with the cited aircraft orders.
- What
- Adani Airports plans about $10 billion in airport and city-side infrastructure spending over five years to expand capacity.
- Where
- The projects cover Navi Mumbai, Ahmedabad, Jaipur and Trivandrum in India.
- When
- The investment is planned for the next five years; Navi Mumbai’s next phase is expected around 2030-31, and Ahmedabad’s new terminal is targeted for 2029.
- Why
- The company says capacity must be created before expected aircraft deliveries and passenger demand increase.
Key facts
- Planned investment
- About $10 billion over the next five years
- Investment breakdown
- Around ₹20,000 crore for city-side development and roughly ₹70,000 crore for airport expansion
- Current passenger handling
- About 100 million passengers
- Target capacity
- Capacity for around 500 million passengers within the next decade
- Airline aircraft orders
- IndiGo and Air India have collectively ordered about 1,680 aircraft
- Navi Mumbai capacity
- Current capacity is around 20 million passengers; the next phase is expected to add about 30 million
- Ahmedabad terminal
- A new terminal is planned to be ready by 2029
Quotes
Arun Bansal
CEO of Adani Airport Holdings
“Why not we give that experience to India where we are ready before hand? That can only happen when capacity is available before the demand comes, not the other way around.”
financialexpress.com
“If they get delivered by 2032, where is the capacity to park those aircrafts in India? They need to park somewhere. They need to start somewhere.”
financialexpress.com
Sources
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