After the airline battle in India's skies, a battle for airports is brewing up on the ground. From having a private airport at Mundra to winning bids for six airports and then checkmating GVK to bag Mumbai and Navi Mumbai, Adani airports have started making mark. This is in addition to Lucknow, Ahmedabad, Jaipur, Guwahati, Mangalore and Trivandrum airports which the group now has.
Privatisation of airports has not been a popular concept in India in the past, with the lone private airport at Kochi. Then came the first wave: privatisation of the Mumbai and Delhi airports, along with construction of greenfield airports at Bengaluru, Hyderabad and Durgapur. The first round was a draw between the GMR group and the GVK group, with GMR bagging Delhi and Hyderabad, while GVK got Mumbai and Bengaluru.
A decade later, GVK is out of the game, having sold its stake in Bengaluru International Airport Limited to Fairfax and cashed out of the Mumbai airport and the Navi Mumbai one to Adani Airports. The NOIDA airport at Jewar is being constructed in partnership with Swiss Airports, making it another group having interest in the Indian airport infrastructure sector.
ADANI AND GMR: HOW DO THEY STACK UP?
The Adani Group seems to have entered the business with a bang, wanting to create a flutter as India aims at becoming the third-biggest aviation market in the world over the next couple of years.
The Adani Group has rights to operate Lucknow, Ahmedabad Jaipur, Mangaluru, Thiruvananthapuram and Guwahati. These airports accounted for 9.62 per cent of India's international passengers in the last financial year and 9.74 per cent of India's domestic air traffic. Add Mumbai to the mix and the Adani group would suddenly be staring at 28.19 per cent of international traffic and 21.95 per cent of domestic traffic.
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Jets, Tech, And Green Goals
The key themes at the Farnborough International Airshow 2024 revolved around innovation and sustainability. Sizeable aircraft orders, advancements in eVTOL technology, and a strong commitment to environmental goals underscore an industry that is not only rebounding from past challenges but also setting the stage for a more sustainable and technologically advanced future, reports ATUL CHANDRA.
FREIGHT IN FLIGHT
In 2023, Indian airports handled over 3.15 million metric tonnes of cargo, with international freight dominating. As the sector aims to meet the government's ambitious annual target of 10 million metric tonnes (MMT) by 2030, this goal will require dedicated freighter aircraft, technological integration, infrastructure development, and regulatory improvements, among other things. By JAIDEEP MIRCHANDANI, Chairman, Sky One
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CAUGHT IN PAPER JAM
Despite rapid digital advancements in passenger air travel with the airline market expected to surpass $35 billion by end of this decade, the air cargo industry remains bogged down by outdated legacy systems, impeding progress in efficiency and real-time tracking. A special report by
PITCHING FOR SUPPORT
India's air cargo industry is gearing up for a major transformation, aiming to nearly triple its capacity by 2030. Current infrastructure handles about 6.5 million tonnes, but meeting future goals will require significant investments to expand capacity, streamline operations, and adopt cutting-edge technologies. Industry leaders at a recent ACFI Annual Conclave emphasised the need for strong government support to overcome challenges, urging policymakers to address operational constraints and improve connectivity, reports
BATTLE FOR THE SKIES
As India's international air traffic experiences significant growth over the past few decades, the competition between Air India and IndiGo intensifies. Vistara's merger within Air India and the significant aircraft orders position the combined entity as a formidable player, while IndiGo's ambitious expansion plans and international focus set the stage for a competitive future, analyses
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FIA 2024 witnessed a growing order book for aircraft engine manufacturers and provided important insights into the development of sustainable powerplants.
