PPP Mode Makes Bengaluru Airport Most Profitable In India

The Bengaluru airport has emerged as the country's most profitable airport, with a profit of Rs 528.3 crore reported during the year 2022-2023, Union Minister VK Singh has announced in Rajya Sabha. Public-Private Partnership (PPP) airports were only profitable in three out of 14 during 2022-2023, according to the minister.

A profit of Rs 267.1 crore was earned by Cochin airport in 2022-2023, while Rs 32.9 crore was earned by Hyderabad airport during the same period.

With a loss of Rs 408.51 crore, Ahmedabad airport ranked first in 2022-2023, followed by Delhi (Rs 284.8 crore), Lucknow (Rs 160.6 crore), Mopa (Rs 148.3 crore), Kannur (Rs 131.9 crore), Jaipur (Rs 128.5 crore), Mangaluru (Rs 125.9 crore), Thiruvananthapuram (Rs 110.1 crore), Guwahati (Rs 60.9 crore), Durgapur (9.1 crore) and Mumbai (Rs 1.04 crore).

Among the 125 airports operated by the Airports Authority of India (AAI), Kolkata emerged as the most profitable, with Rs 482.3 crore, followed by Chennai (Rs 169.5 crore), Calicut (Rs 95.3 crore), Tiruchirapalli (Rs 31.5 crore), Coimbatore (Rs 12.6 crore), Bhubaneswar (Rs 11.8 crore), Chandigarh (Rs 9.5 crore), Bagdogra (Rs 2.7 crore), Asansol (Rs 2 crore), Leh (Rs 1.8 crore), Kanpur Chakeri (Rs 1.4 crore) and Darbhanga (Rs 1.1 crore).

Approximately 25 airports under the Airport Authority of India will be leased between 2022 and 2025, the Minister informed. This include Bhubaneswar, Varanasi, Amritsar, Trichy, Indore, Raipur, Calicut, Coimbatore, Nagpur, Patna, Madurai, Surat, Ranchi, Jodhpur, Chennai, Vijayawada, Vadodara, Bhopal, Tirupati, Hubli, Imphal, Agartala, Udaipur, Dehradun and Rajahmundry.

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