Need to reduce airports' operating costs by 30-50 pc: Adani Airports CEO

| | New Delhi
  • 0

Need to reduce airports' operating costs by 30-50 pc: Adani Airports CEO

Wednesday, 22 March 2023 | PTI | New Delhi

Need to reduce airports' operating costs by 30-50 pc: Adani Airports CEO

Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market.

Currently, the company is operating seven airports and is building another one.

Bullish on the Indian market, Bansal said it would like to operate more airports and eventually become a leading airport operator in the world.

Adani Airports is investing in physical and digital segments, and is committed to building the capacity, he added.

Indian aviation had been taken for granted for the last 20-30 years and the cost of operating airports should come down by 30-50 per cent in the coming years, he noted.

Adani Airports is bullish on the country's aviation market and wants to "do more airports", Bansal said, adding that under the first phase, Navi Mumbai airport will start operations by December 2024.

The passenger handling capacity will be 20 million in the first phase of Navi Mumbai airport. Adani Airports is also operating Mumbai airport.

"We are also working on (setting up) an aviation institute," he said while speaking at the CAPA aviation summit here.

India is one of the fastest growing aviation markets in the world and a large number of planes are on order by various Indian carriers.

State Editions

Ask Haryana to release city’s water share: AAP to LG

24 June 2024 | Staff Reporter | Delhi

Atishi vows to continue protest till water released

24 June 2024 | Staff Reporter | Delhi

BJP calls Minister’s hunger strike drama, shameful

24 June 2024 | Staff Reporter | Delhi

Surge in stop line violations on Capital roads

24 June 2024 | Staff Reporter | Delhi

13-year-old held for hoax bomb threat

24 June 2024 | Staff Reporter | Delhi

Sunday Edition

Scary Scarcity of Life s Driving Force

23 June 2024 | DR KAUSHAL KANT MISHRA and DR VINAY PATHAK | Agenda

Feast On A Culinary Rainbow!

23 June 2024 | Sharmila Chand | Agenda

How Best To Spend 48 Hours In Tokyo

23 June 2024 | Sharmila Chand | Agenda

Dakshin Yatra Flavours of South

23 June 2024 | Pioneer | Agenda

A Beacon of Sanatana Dharma in the Modern World

23 June 2024 | SAKSHI PRIYA | Agenda

An Immersive Journey Through Indigenous Australian Culture

23 June 2024 | SAKSHI PRIYA | Agenda