Airfares set to rise for Mumbai, Delhi

GMR Airports Ltd and Adani Airport Holdings Ltd will be able to earn higher revenues after a tribunal ordered a fresh calculation of the maximum amount they can make from operating the Delhi and Mumbai international terminals, respectively.

- Dipali Banka & Nehal Chaliawala

This, however, would make it more expensive for airlines and passengers to fly into and out of two of India’s busiest airports.

Airport charges for the Delhi and Mumbai international terminals can rise by about 6% from the current revenue base over the next decade, as per analysts at Kotak Institutional Equities. The higher costs could be equivalent to 3.4% of the sales of IndiGo, India’s largest airline, according to the analysts. The carrier reported a topline of ₹80,803 crore for 2024-25.