Adani-owned Mumbai International Airport begins revenue sharing with AAI

While DIAL pays 45.99 per cent of its revenues as fees to the AAI, for MIAL it is 38.70 per cent

Adani-owned Mumbai International Airport Ltd (MIAL) has reached an agreement with the Airports Authority of India (AAI) on resuming revenue payment.

The state-owned airport operator is also in final discussions with Delhi International Airport Ltd (DIAL) on the matter. This is likely to begin as early as next month, people aware of the development said.

MIAL has paid around Rs 650 crore as revenue share for the January-March quarter. The resumption of revenue sharing bodes well for the AAI’s finances. That accounts for almost 30 per cent of its annual revenues.

The AAI had registered a loss of Rs 2,948 crore in FY21.