Last Updated: March 22, 2023, 13:12 IST
The worldwide air passenger depend will improve to 75 million from 58 million throughout 2023-24. (Image: Unsplash/Representative)
For 2023-24, air passenger site visitors, together with home and worldwide, is anticipated to be 395 million
Indian airport operators are projected to report 26 per cent rise in revenues at USD 3.9 billion within the subsequent monetary 12 months, aviation consultancy CAPA India stated on Wednesday. For 2023-24, air passenger site visitors, together with home and worldwide, is anticipated to be 395 million, it stated whereas presenting the outlook for the airports.
Out of the whole, home air passengers will rise to 320 million from 275 million this fiscal. During this era, the worldwide air passenger depend will improve to 75 million from 58 million.
“India is forecast to see home airport pax rise to 700 million passengers, and worldwide airport pax to 160 million passengers by FY2030,” CAPA India said. It said Indian airports’ revenue of USD 3.9 billion (Rs 32,390 crore) in the next fiscal will be 26 per cent higher than anticipated in 2022-23.
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. Airports Council International (ACI) Asia Pacific represents more than 600 airports.
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(This story has not been edited by News18 employees and is revealed from a syndicated information company feed)
