Airports need $45 billion investment to improve capacity by 2030

 

India needs to invest up to $45 billion to create an additional capacity of handling 500- 600 million passengers at its airports by 2030 as their capacity is likely to saturate within the next five years, a study by an aviation think-tank said.

According to Centre for Asia Pacific Aviation (CAPA) estimates, the current capacity of the country’s top 17 airports is between 298-316.5 million passengers per annum. This is expected to increase to 431-463 million once the existing airport sites are completely built and achieve their maximum structural capacity.

There will also be a need to allocate 1,50,000 to 2,00,000 acres of land for 55 new airports by 2030. As airlines begin to induct 350-400 aircraft in the next five years, problems related to unavailability of slots as well as overnight parking bays will get magnified.

Ten airports namely Pune, Jaipur, Srinagar, Lucknow, Dehradun, Agartala, Guwahati, Kozhikode, Mangalore, and Trichy—managed by the Airports Authority of India (AAI), are already operating “beyond their design capacity”.