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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The Business Guardian

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Delhi Lieutenant Governor, Vinai Kumar Saxena has directed for the immediate appointment of 2,346 Home Guards, who have qualified for their Physical Measurement and Efficiency Test (PMET) and written test, even as other vacancies amounting to 7,939 await outcome of two pending court cases, said an official statement from Lieutenant Governor office on Tuesday.

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The Business Guardian

'Discoms colluding with AAP for windfall gains'

The Delhi BJP on Tuesday submitted a memorandum to Lieutenant Governor VK Saxena, calling for an investigation into alleged financial irregularities in the power distribution companies, or discoms.

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Delhi faces unusually high temperatures in Nov
The Business Guardian

Delhi faces unusually high temperatures in Nov

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The Business Guardian

SUPREME COURT DIRECTED PUNJAB GOVT, SEC TO NOTIFY MUNICIPALITY ELECTIONS IN 2 WEEKS; TO BE COMPLETED IN 8 WEEKS THEREAFTER

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2 Minuten  |
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HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran
The Business Guardian

HC pulls up Delhi Govt Finance Dept for delayed funds to Asha Kiran

During the hearing, the bench expressed strong disapproval, stating, \"The urgency is not impressed upon you... 14 people have died... You should have called the MCD official and asked him the queries.\"

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Govt. distributes heaters to curb winter pollution and help night workers
The Business Guardian

Govt. distributes heaters to curb winter pollution and help night workers

The Aam Aadmi Party (AAP) government has launched a campaign to distribute electric heaters to night security guards in an effort to reduce air pollution in Delhi.

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The Business Guardian

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The Business Guardian

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The Business Guardian

MCD fines Rs 2.69 cr for violations of dust pollution norms

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Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'
The Business Guardian

Supreme Court Dismissed Man's Petition To Deactivate 'Machine' Controlling His Brain: 'Bizarre'

The Supreme Court in the case observed and has dismissed a petition filed by a man who alleged that his brain was being controlled by other persons through a machine.

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