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Will Zurich's bid for Jewar airport challenge IGIA's monopoly?

If the project is completed on time, Jewar airport - projected as a second such facility for the National Capital Region - will compete with GMR-owned Indira Gandhi International Airport

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New Delhi’s Indira Gandhi International Airport

Arindam Majumder New Delhi
Flughafen Zurich winning the bid for the proposed Jewar airport in Uttar Pradesh is likely to bring a paradigm change to India’s airport sector, threatening monopolies for the first time, said sector experts. 

If the project is completed on time, Jewar airport — projected as the second such facility for the National Capital Region — will compete with GMR-owned Indira Gandhi International Airport (IGIA) from 2023 to attract air traffic. This could be a threat to IGIA’s monopoly on air traffic in north India, which has made it the crown jewel in GMR Infrastructure’s airport portfolio. 

Zurich Airport offered a revenue share

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First Published: Nov 30 2019 | 8:59 PM IST

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