Bhogapuram is transforming from a dusty village to an upcoming airport city and is witnessing hectic construction work by the GMR Group. Considered as one of the future growth engines of Visakhapatnam, the 2,200 acre airport will replace the existing aerodrome in the city. The airport is expected to be completed within 18 months. GMR Visakhapatnam International Airport, a subsidiary of GMR Airports, in 2020, was awarded the concession to develop and operate the greenfield Bhogapuram Airport. The GMR Group will invest Rs.50 billion.
Indian airports record better traffic recovery compared to global counterparts: ICRA
The Indian airport sector experienced far quicker recovery in traffic in the post pandemic environment compared to their global counterparts, according to a report by research and ratings agency ICRA. While the global passenger traffic recovered to just 96 per cent of global passenger traffic in CY2023, the Indian airport passenger traffic revived to 106 per cent of the pre-Covid level owing to strong economic growth as well as the addition of new airport routes. The average recovery in passenger traffic compared to pre-Covid levels for the top 10 airports stands at around 98 per cent. Delhi International Airport has seen passenger traffic recovery of 105 percent, far higher than the average recovery of 98 per cent among the top 10 global airports, ICRA said in its report. In March, Delhi International Airport officially became a 100-million capacity airport.
Mangaluru international airport implements ‘silent zone’ policy
The Mangaluru International Airport has implemented a new policy regarding passenger announcements, shifting away from using the public address (PA) system for such notifications. This change aims to cultivate a quieter environment for travellers, allowing them to use time at the airport for various activities such as reading, conversing with loved ones, or attending to work commitments. Instead of PA announcements, passengers will now rely on the Flight Information Display System for updates regarding flights, including gate changes and delays. PA announcements will now be reserved for emergencies only.
50 per cent global passenger market share for Indian airlines by FY28
As much as half of the country’s international air passenger traffic is expected to be catered by Indian airlines by financial year 2027-28, credit ratings agency CRISIL said. The share of Indian airlines in international passenger traffic, including originating or terminating as well as the traffic transitioning through the country, is seen surging 700 basis points to around 50 percent by 2027-28, from 43 per cent in the previous fiscal. As such, CRISIL said, Indian airlines have certain natural advantages in cornering a larger share of the country’s international traffic compared with foreign airlines.
Noida airport set to become a major transport hub
The upcoming Noida International Airport is set to become a major transport hub, seamlessly integrating multiple modes of transport to enhance connectivity. This airport will be connected by an expressway, rapid rail and pod taxi services, ensuring efficient travel options for passengers and boosting regional development. The Delhi-Mumbai Expressway will link the airport, significantly reducing travel time to major cities and not only facilitate quick access to the airport but also improve logistical operations, making it a strategic asset for both passenger and cargo transport. In addition to the expressway, Noida airport will be accessible via a rapid rail (RRTS) network.
