While DIAL has recorded a profit of Rs 297.48 crore till September of the current financial year, BIAL has registered a profit of Rs 282.66 crore, according to details provided by Civil Aviation Minister Ashok Gajapathi Raju in a written reply to the Lok Sabha today.
DIAL is a three-way venture between GMR group, Airports Authority of India (AAI) and Fraport. The stakeholders in BIAL are Fairfax, GVK group, AAI, Karnataka State Industrial and Infrastructure Development Corp, and Siemens Project Ventures GmbH.
About airports in general, the Minister said some of them have incurred losses due to low revenue generation which was not adequate to meet the total expenditure pertaining to the respective airports.
"AAI has drawn up a master plan for development and increase in non-aeronautical revenues at airports across India . Based on recommendations of consultants as against earlier system of individual contracts/licenses, Master Concessionaire approach is being adopted in 14 select airports in the first phase," Raju said.
Further, he said consultants have been appointed for assisting in re-designing the layout of existing general retail and food & beverage outlets for optimum utilisation of the airport space.