Adani to integrate smaller airports with Mumbai, play hub-and-spoke game

Gautam Adani says the company will bid for upcoming second airports built across cities

The Adani group plans to adopt the hub-and-spoke model and integrate its portfolio of Mumbai and six other smaller airports — Ahmedabad, Lucknow, Mangalore, Jaipur, Trivandrum, and Guwahati — for which it has won development and operation rights over a 50-year lease.

“We see our airport portfolio as a critical lever to help converge tier-1 cities with tier-2 and -3 ones in a hub-and-spoke model,” Adani group Chairman and promoter Gautam Adani said. The firm signed a deal with the GVK group two days back to acquire 75 per cent stake in Mumbai International Airport (MIAL). With this, it now also