Adani Enterprises wholly owned subsidiary, Adani Airport Holdings (AAHL), has taken over the management control of Mumbai International Airport (MIAL) from the GVK Group.
This follows approvals received from the Government of India, the City and Industrial Development Corporation (CIDCO) of Maharashtra, and the Government of Maharashtra.
MIAL is India s second busiest airport by both passenger and cargo traffic. With eight airports in its management and development portfolio, AAHL is now India s largest airport infrastructure company, accounting for 25% airport footfalls. With the addition of MIAL, AAHL will now also control 33% of India s air cargo traffic.
While the world navigates its way out of an unprecedented crisis, post-pandemic demand for air travel in India and the rest of the world is expected to surge. The International Air Transport Association expects global passenger traffic to recover to 88% of pre-COVID levels by 2022 and exceed pre-COVID levels in 2023.
Adani Group is now the largest airport operator in India after its takeover of the Mumbai International Airport
businessinsider.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.in Daily Mail and Mail on Sunday newspapers.
Will create thousands of local jobs: Adani on Mumbai airport | Mumbai News
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
All airport staff vaccinated - The Hindu
thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.