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'DIAL, BIAL sees Rs 580 cr total profit in six months'

The airports in the national capital and Mumbai are among those run through public-private partnerships

Press Trust of India  |  New Delhi 

A GoAir aircraft taxis on the tarmac at Bengaluru International Airport in Bangalore

Operators of international in and the national capital raked in profits totalling Rs 580 crore in the first six months of the current financial year, according to data.

The national capital's aerodrome is operated by International Airport Ltd (DIAL) while that of is run by Bangalore International Airport Ltd (BIAL).



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 today.

The in the national capital and are among those run through public-private partnerships.

DIAL is a three-way venture between group, Authority of (AAI) and Fraport. The stakeholders in BIAL are Fairfax, GVK group, AAI, State Industrial and Infrastructure Development Corp, and Project Ventures GmbH.

About 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 across . Based on recommendations of consultants as against earlier system of individual contracts/licenses, Master Concessionaire approach is being adopted in 14 select 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.

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'DIAL, BIAL sees Rs 580 cr total profit in six months'

The airports in the national capital and Mumbai are among those run through public-private partnerships

The airports in the national capital and Mumbai are among those run through public-private partnerships Operators of international in and the national capital raked in profits totalling Rs 580 crore in the first six months of the current financial year, according to data.

The national capital's aerodrome is operated by International Airport Ltd (DIAL) while that of is run by Bangalore International Airport Ltd (BIAL).

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 today.

The in the national capital and are among those run through public-private partnerships.

DIAL is a three-way venture between group, Authority of (AAI) and Fraport. The stakeholders in BIAL are Fairfax, GVK group, AAI, State Industrial and Infrastructure Development Corp, and Project Ventures GmbH.

About 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 across . Based on recommendations of consultants as against earlier system of individual contracts/licenses, Master Concessionaire approach is being adopted in 14 select 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.
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Business Standard
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'DIAL, BIAL sees Rs 580 cr total profit in six months'

The airports in the national capital and Mumbai are among those run through public-private partnerships

Operators of international in and the national capital raked in profits totalling Rs 580 crore in the first six months of the current financial year, according to data.

The national capital's aerodrome is operated by International Airport Ltd (DIAL) while that of is run by Bangalore International Airport Ltd (BIAL).

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 today.

The in the national capital and are among those run through public-private partnerships.

DIAL is a three-way venture between group, Authority of (AAI) and Fraport. The stakeholders in BIAL are Fairfax, GVK group, AAI, State Industrial and Infrastructure Development Corp, and Project Ventures GmbH.

About 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 across . Based on recommendations of consultants as against earlier system of individual contracts/licenses, Master Concessionaire approach is being adopted in 14 select 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.

image
Business Standard
177 22