+
Adani Enterprises aims for 75% non-aero revenue share at airports
AVIATION & AIRPORTS

Adani Enterprises aims for 75% non-aero revenue share at airports

Adani Enterprises expressed its goal of increasing the non-aeronautical revenue share of its airport business to 75% in the forthcoming years, with the remaining portion generated from aeronautical services.

Major sources of non-aeronautical revenue for airport operators, such as food and beverage, retail outlets, lounges, and real estate, were highlighted. Adani Airport Holdings, the airport arm of Adani Enterprises, reported a 19% year-on-year increase in passenger traffic to 88.6 million during 2023-24 (April to March) across the seven airports under its management.

Aeronautical revenues primarily stem from air traffic movements of airlines, encompassing landing fees, parking charges, and other fees imposed by the operator.

During a post-earnings conference call with analysts, the management noted, "With the exception of Mumbai (airport), the ratio is significantly skewed, with approximately 75% derived from aeronautical sources and 25% from non-aeronautical sources across our six airports." The management further stated that the revenue distribution at Mumbai International Airport is evenly split between aeronautical and non-aeronautical sources. Airport operators favour a greater share of non-aeronautical revenue due to the regulatory component associated with aeronautical charges for services provided at an airport.

The management elaborated, "However, from a consumer standpoint, we are consistently striving to adjust this ratio to align more closely with international standards, aiming for a 75% contribution from non-aeronautical sources and 25% from aeronautical sources."

Adani Enterprises expressed its goal of increasing the non-aeronautical revenue share of its airport business to 75% in the forthcoming years, with the remaining portion generated from aeronautical services. Major sources of non-aeronautical revenue for airport operators, such as food and beverage, retail outlets, lounges, and real estate, were highlighted. Adani Airport Holdings, the airport arm of Adani Enterprises, reported a 19% year-on-year increase in passenger traffic to 88.6 million during 2023-24 (April to March) across the seven airports under its management. Aeronautical revenues primarily stem from air traffic movements of airlines, encompassing landing fees, parking charges, and other fees imposed by the operator. During a post-earnings conference call with analysts, the management noted, With the exception of Mumbai (airport), the ratio is significantly skewed, with approximately 75% derived from aeronautical sources and 25% from non-aeronautical sources across our six airports. The management further stated that the revenue distribution at Mumbai International Airport is evenly split between aeronautical and non-aeronautical sources. Airport operators favour a greater share of non-aeronautical revenue due to the regulatory component associated with aeronautical charges for services provided at an airport. The management elaborated, However, from a consumer standpoint, we are consistently striving to adjust this ratio to align more closely with international standards, aiming for a 75% contribution from non-aeronautical sources and 25% from aeronautical sources.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?