Latest news with #AdaniAirportHoldingsLtd
Time of India
6 days ago
- Business
- Time of India
'Bringing parity': Adani pushes for one calculated tariff at Mumbai, Navi Mumbai airports
This is a representative AI image NEW DELHI: Adani Airport Holdings Ltd (AAHL) has requested the government to treat Mumbai and Navi Mumbai airports as a single unit for calculating tariffs for passengers and airlines, according to documents reviewed by The Economic Times. Should the government approve this proposal, it would establish uniform charges across both airports, potentially increasing traffic flow at Navi Mumbai. This outcome is particularly significant for AAHL, considering their Rs 16,700 crore investment in the facility's construction. Despite AAHL's ownership of both airports, Navi Mumbai is set to have notably higher passenger fees, landing and parking charges. This disparity could discourage airlines from transitioning to the new airport, which is scheduled to commence commercial operations in July. The organisation references a 2021 amendment to the AERA Act that permits airport grouping and unified designation. This legislation was initially implemented to facilitate privatisation of smaller, unprofitable airports by combining them with larger, regional counterparts to enhance investor appeal. 'Since there has been a large capital invested in Navi Mumbai, which is a green field airport, naturally tariff at the airport will be significantly higher than Mumbai, which is an established airport where capex is low and there are depreciating assets,' a source familiar with the matter told ET. 'If both the airports' tariffs are calculated as one unit, the charges at both airports will be average of the two, bringing parity,' the source added. The airport is set to launch commercial operations in late 2025, with IndiGo becoming the first airline to begin flights. The airline will start with 18 daily departures to over 15 cities, scaling up to 79 daily departures—including 14 international flights—by November 2025, and further doubling to 140 daily departures by November 2026. The opening comes as Mumbai International Airport Ltd (MIAL) plans to begin the revamp of Terminal 1 in October, prompting the relocation of around 15 million passengers to Terminal 2 and Navi Mumbai airport. Sources say one reason Adani Airport Holdings Ltd (AAHL) is encouraging more airline operations at Navi Mumbai is due to the difference in revenue sharing agreements. MIAL pays 38.7% of its revenue to the Airports Authority of India (AAI), while Navi Mumbai International Airport Ltd (NMIAL) only pays 12.6% to Maharashtra's CIDCO. The greenfield Navi Mumbai airport, spanning 1,160 hectares, will initially handle 20 million passengers and 0.5 million tonnes of cargo annually, with a long-term capacity of up to 90 million passengers and 3.2 million tonnes of cargo. It will feature two parallel runways capable of simultaneous takeoffs and landings, including a 3,700-meter runway for large aircraft. The airport's launch is expected to ease congestion at Mumbai Airport and improve the overall passenger experience, creating a dual-airport system for India's financial capital. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hans India
7 days ago
- Business
- Hans India
IndiGo, Adani Airports join hands to flag off ops at Navi Mumbai airport
New Delhi: India's leading airline IndiGo and Adani Airport Holdings Ltd. (AAHL), the country's largest operator of private-public partnership airports, announced on Wednesday that the low-cost carrier will operate 18 flights from Navi Mumbai International Airport (NMIA) to over 15 cities from day one of the start of commercial operations. The 18 daily departures (36 air traffic movements) will be increased to 79 daily departures (158 Air Traffic Movements), including 14 international departures by November 2025, and further scaled up to over 100 daily departures (200 ATMS) by March 2026. By November 2026, the operations will be further built up to 140 daily departures (280 ATMs), including 30 international departures, according to a joint statement issued by the two companies. IndiGo CEO Pieter Elbers said: "IndiGo will be the inaugural airline to operate from NMIA, and we couldn't be more pleased to announce this. Our alliance signals towards achievement of complete operational readiness on both sides to take next steps. This expansion underscores our dedication to catering to the evolving needs of our aspirational travellers and further contributing to the growth of India's booming aviation sector." Commenting on the partnership, AAHL CEO Arun Bansal said: "We are delighted to announce IndiGo as the first airline partner to commence operations from NMIA. This partnership marks a major step towards confirming NMIA's position as a transfer hub for domestic and international travellers. Together, we are poised to transform travel experience for millions of passengers, providing them both convenience and enhanced travel options. Our collaboration is set to strengthen NMIA's role as an aviation gateway for the region and for travellers nationally and internationally." The NMIA is set to become India's premier international aviation hub, offering state-of-the-art facilities, best-in-class passenger experience and seamless connectivity. With its strategic location and advanced infrastructure, the NMIA will play a pivotal role in enhancing India's global air travel network, the statement said. In its initial phase, the NMIA is set to handle 20 million passengers and 0.5 MMT of cargo per annum, with the capacity to serve 90 million passengers and 3.2 MMT of cargo per annum, once it is completed. IndiGo is committed to expanding its reach by offering both domestic and international destinations from NMIA. To enhance connectivity and convenience for its customers, IndiGo is strategically expanding its network across the country to ensure that airports are accessible to the maximum Indian population. This expansion highlights IndiGo's commitment to delivering a seamless travel experience and enhanced customer convenience, the airline said. The launch of the NMIA will create a dual-airport system for the financial capital of the country, enabling the decongestion of Mumbai airport and enhancing the overall passenger experience. The augmented capacity offered by both airports will offer unparalleled economic growth for the Mumbai region and Maharashtra. Spanning over 1,160 hectares (2,866 acres), on completion, the airport will feature two parallel runways and state-of-the-art terminal buildings. The NMIAL is a special-purpose vehicle established for the development, construction, operation, and maintenance of the greenfield international airport project at Navi Mumbai. The NMIAL is a Public Private Partnership (PPP) between Mumbai International Airport Limited (MIAL), a subsidiary of Adani Airports Holdings Limited (AAHL), which holds the majority stake of 74 per cent, while the City and Industrial Development Corporation of Maharashtra Limited (CIDCO), a Government of Maharashtra undertaking, holds the remaining 26 per cent.
India.com
16-05-2025
- Business
- India.com
Gautam Adani gives biggest setback to China amid 'Boycott China' trends, China will now be...
Gautam Adani- File image In a significant setback for China after it helped Pakistan attack India with its drones during the recent India-Pakistan conflict, Adani Airport Holdings Ltd (AAHL) has ended its partnership with DragonPass, a China-based firm known for offering airport lounge access and other travel-related services to its global members. The announcement came on Thursday, with AAHL confirming that DragonPass users will no longer be able to access lounges at any of its managed airports across India. This includes key hubs like Mumbai's Chhatrapati Shivaji Maharaj International Airport, which also issued a formal statement regarding the termination. 'Lounge access through DragonPass will no longer be valid at any Adani-managed airports. However, this update will not affect the travel or lounge experience for any other category of passengers,' an AAHL spokesperson clarified. This development coincides with growing scrutiny over foreign service providers, especially those from nations seen as aligning with Pakistan in the wake of India's recent Operation Sindoor, a military response to the tragic killing of 26 tourists in Pahalgam, Kashmir. The operation has stirred a wave of national sentiment, prompting swift government and corporate actions. In a related incident, the Bureau of Civil Aviation Security (BCAS) has withdrawn the security clearance of Celebi Airport Services India Pvt Ltd, a Turkish ground handling firm. The move was reportedly driven by national security considerations and came after strong reactions from political leaders and public figures. DragonPass had been offering its services at Adani's airports as part of a limited arrangement meant to enhance the experience of international travelers and cardholders. However, with shifting geopolitical dynamics and heightened national interest, AAHL appears to be re-evaluating its affiliations with global service partners. Adani Airport Holdings currently oversees operations at seven major airports in India, including those in Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati, Mangaluru, and Thiruvananthapuram. (With inputs from agencies)
Time of India
13-05-2025
- Business
- Time of India
Ahmedabad airport posts record growth in passenger, infra upgrades
File Photo AHMEDABAD: Sardar Vallabhbhai Patel International Airport, operated by Adani Airport Holdings Ltd , recorded its highest-ever passenger traffic in FY 2024–25. The airport handled 13,427,697 passengers in FY 2025, a 14.8% increase from 11,696,227 in the previous financial year. The surge was driven by a footfall of 1.1 crore domestic and 2.2 crore international travellers recorded at the city airport during the year. The airport's daily average now stands at over 36,800 passengers and 288 flights, connecting Ahmedabad to more than 48 domestic and 16 international destinations. On 25 January 2025, the airport saw its highest single-day footfall of 48,137 passengers and 351 aircraft movements, surpassing its previous record set in November 2023. Air traffic movements rose by 16.2% year-on-year to 101,119 in FY 2024–25, up from 87,025, the airport operator said. To accommodate this growth, the city airport recently added five new parking stands and introduced a Multiple Aircraft Ramp System at the existing aerobridges. Significant infrastructure and technology upgrades were carried out during the year. These include the deployment of cleaning robots, installation of more self-baggage drop machines, expansion of the check-in hall at Terminal 2, and the launch of the Fast Track Immigration – Trusted Travellers Programme and Digi Yatra. New amenities include electric inter-terminal shuttle buses, alongside enhanced retail and food options. A direct GSRTC bus service now connects the airport to Vadodara, further improving regional accessibility. The airport added new domestic routes to Guwahati, Thiruvananthapuram , Nanded, Kolhapur, Dimapur, and Kishangarh , and launched international services to Don Mueang , Kuala Lumpur, and Da Nang . Frequencies also increased on routes to Delhi, Jeddah, Don Mueang, Kuwait, Kolkata, Kochi, and Abu Dhabi.
Saudi Gazette
15-04-2025
- Saudi Gazette
The Indian airport that halts flights for a religious procession
NEW DELHI — For a few hours on a warm April day, jets paused and silence reclaimed the skies above the international airport in Thiruvananthapuram, the capital of the southern Indian state of Kerala. The airport's closure was not due to bad weather or a technical glitch, as one might assume, but to make way for a Hindu temple procession that marches right across its runway. Devotees pull ornate wooden chariots bearing temple idols along a 2km (1.2 miles) stretch of the runway, a tradition so revered that it shuts down operations for a few hours at the airport, which usually handles 90 landings and take-offs daily. Elephants, a common part of Hindu religious events in India, also walk on the runway. The event, which took place last Friday, is part of the annual Painkuni festival held by the famed Sree Padmanabha Swamy Temple, home to treasures worth billions of rupees. The procession, taken out on the final day of the 10-day festival, begins at the temple and heads through the runway to the Shanghumugham beach, around 6km away. When the procession arrives at the beach, priests give a ritual bath in the sea to the idols. The return journey follows the same route, crossing the runway again and reaching the temple. The procession is led by the head of the former royal family of Travancore, which built the airport in 1932. It's not clear when the festival and the procession started but the ritual has been followed since then, even when the management of the airport passed on to the government and then a private company. The airport is currently managed by Adani Airport Holdings Ltd, owned by billionaire Gautam Adani's Group. The airport also shuts down operations for a few hours for a similar procession during the temple's Alpashi Festival, usually in October or November every year. The Thiruvananthapuram International Airport is one of the few airports in the world that closes down for a religious event. Others include Indonesia's Ngurah Rai Airport during the Balinese Hindu new year and Israel's Ben Gurion Airport on Yom Kippur, which is the holiest day in Judaism. But these are public holidays when the airport shuts down entirely and it's rare for a high-security runway to be used to actually facilitate a religious or cultural event. Rahul Bhatkoti, chief airport officer, said the airport was proud to have the opportunity to preserve the legacy of the temple's procession. "This is likely the only airport in the world which facilitates such a historic event," he told the BBC before the procession entered the airfield on Friday evening. Since the airport has only one runway, both domestic and international terminals are closed during the procession. Most of the international flights operating here are to and from the Middle East, where a large number of Indian workers, including many from Kerala, live and work. Airport authorities said they informed airlines of the closure two months in advance and 10 flights were rescheduled on the day. "The procession begins around 16:45 local time and takes approximately four hours to complete," Mahesh Balachandran, the temple's executive officer, told the BBC. Attendance at the event is limited and strictly monitored. Only senior royal family members, priests, officials and selected devotees are allowed to take part, and they must have special passes issued by the temple trust, along with security clearance from airport authorities. "The procession passes through the airport with full ritualistic vigor twice a year during the Painkuni and Alpashi festivals," Balachandran said. "It proceeds peacefully, without any incidents. Everything is planned meticulously." The Central Industrial Security Force, the paramilitary that handles airport security, barricades the entire runway for safety and manages the crowds. Authorities also monitor the crowd through surveillance cameras and inspect the runway carefully after the procession, officials said. The procession passing through the airport is a reminder of how "heritage and modernity co-exist here, every year", Thiruvananthapuram MP Shashi Tharoor wrote on X after last week's procession. — BBC
