Indian airports' revenues to rise to $3.9 bn next fiscal year

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Indian airport operators are projected to report 26 per cent rise in revenues at $3.9 billion in the next financial year, aviation consultancy CAPA India said on Wednesday...

For 2023-24, air passenger traffic, including domestic and international, is expected to be 395 million, it said while presenting the outlook for the airports...

Out of the total, domestic air passengers will rise to 320 million from 275 million this fiscal..

"India is forecast to see domestic airport pax rise to 700 million passengers, and international airport pax to 160 million passengers by FY2030," CAPA India said...

The outlook was presented at the CAPA India aviation summit here.. Stefano Barconi, Director General of ACI Asia Pacific, said airports' health was affected significantly amid the pandemic and that air passenger traffic is still in recovery mode..

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