India’s Next Aviation Boom Will Be Handled by New Airports, Not Bigger Ones
🛩 By the end of this year, alternate airports in Delhi NCR, Mumbai Metropolitan Region, and Goa will reach an annual capacity of 40 million passengers. Crisil Ratings projects this will expand to 50 million passengers by fiscal 2030, driven by pent-up demand and catchment area expansion. Air traffic growth is expected to be muted at 0-1% this fiscal year due to weak demand last year following an Air India crash and geopolitical tensions with Pakistan.
Share