Airport sector to see pre-tax profit rise by 35%

10 Jun 2024 CW Team

According to aviation consultant CAPA India, the airport industry is expected to achieve a 35% increase in pre-tax profit for the fiscal year 2025, aided by the continued strong demand for air travel.

According to CAPA Vice President Paramprit Singh Bakshi, pre-tax earnings at airports would increase to Rs 103.7 billion from Rs 76.8 billion last year at the CAPA India aviation summit. The most populated country in the world, India, anticipates having 350 airports by 2030, up from 144 in 2019, based on official statistics and a previous forecast by CAPA India. The state-owned Airports Authority of India (AAI) oversees the majority of the nation's airports. Among the leading private airport operators in the nation are the Adani Group, Fairfax India, and GMR Airports, which manages the busiest airport in the nation, located in New Delhi. Improvements in foreign travel as well as record domestic passenger traffic enabled airports and airlines to post higher earnings for the previous fiscal year.

Infrastructure Transport

06 May 2026

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..