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

Crisil Ratings said it has analyzed 11 operating private airports and two soon-to-be-operational private airports, which account for more than 95 per cent of India's private airport passenger traffic.

- TDG NETWORK

Capital expenditure at small private airports- nearly 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, according to Crisil Ratings.

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.