AAHL, India's largest airport infrastructure company, to develop next-generation Airport-Centric Ecosystems to catalyse Aviation-Linked Businesses
AAHL is now India's largest airport infrastructure company, accounting for 25% airport footfalls. AAHL will now also control 33% of India’s air cargo traffic.
AAHL will cater to a 300-million-strong post-pandemic consumer base comprising fliers and non-fliers.
AAHL will begin the construction of Navi Mumbai International Airport next month. Financial closure to be completed in the next 90 days and the New International Airport will be commissioned in 2024.
Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, has taken over the management control of Mumbai International Airport Limited (MIAL) from the GVK Group following the MIAL Board Meeting earlier today.
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.