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Rising air traffic to lift pvt airports' revenue by 30% in FY25

The Business Guardian

|

April 28, 2024

An expected increase of 10 per cent in passenger traffic on the high base of fiscal 2024, combined with capital expenditure (capex)linked tariff hikes and rising non-aeronautical revenue per passenger, can see the revenue of leading private airport operators go up by around 30 per cent this fiscal.

- NIVEDITA MUKHERJEE

Rising air traffic to lift pvt airports' revenue by 30% in FY25

The rising revenue will restore the cushion for debt servicing to around 1.4 times, taking it back to the level last seen before the Covid-19 pandemic. Airports had dipped into their cash reserve to service debt during this period, a CRISIL Ratings study of 10 private airports that accounted for an estimated 60 per cent of overall passenger traffic in fiscal 2024 indicates as much.

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