Login/Register
Adani Group Spreads Its Wings at Home & Sets Sights Abroad
Justin Lee
November 28, 2024
© Innocentbunny / Wilkipedia
In line with the strong growth of India’s economy, passenger traffic at Adani’s seven operating airports has also seen a remarkable growth. Through its subsidiary Adani Airport Holdings Limited (AAHL), Adani Group now seeks to expand its airport portfolio both at home and beyond.
In the March quarter of FY24 (or the quarter ended 31 March 2024), AAHL added 10 new routes, seven new airlines, and 18 new flights across its seven operational airports. Passenger traffic at its airports grew by 19% year-on-year to 88.6 million during the same quarter. AAHL’s business saw a 35% year-on-year (y-o-y) revenue growth to INR80.62bn, while EBITDA increased by 45% y-o-y to INR24.37bn during FY24.
© Sreenath y / Wikipedia
Subscriber-only content. You must be signed in and have a subscription plan to view this information.
Not a member of airportIR?
Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.
What's Included
- In-depth deal pipeline content
- Feature articles and analysis
- Detailed operator/investor profiles
- Industry insights, reports and much more
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.
Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.