Small private airport capex to rise 50-60% in next three fiscals: Crisil

Capital expenditure at small private airportsnearly half of the overall upcoming private airport capex - will be up 50-60 per cent on an average in the fiscals 2026-2028 compared with previous three fiscal years, aceording to Crisil Ratings.

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The rating agency asserted that this will be driven by capacity expansion due to substantial increase in terminal utilisation levels.

Capital expenditure, or capex, is used to set up long-term physical or fixed assets.

On the other hand, capex at large private air ports - remaining half of the overall upeoming private airport capex - will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion.