India’s airport industry is likely to report a 35% rise in pre-tax profit for fiscal year 2025, helped by sustained robust demand for air travel, aviation consultancy CAPA India estimated on Friday.
Airports’ pre-tax profit will rise to 103.7 billion rupees ( USD 1.24 billion) from 76.8 billion rupees a year ago, CAPA India Vice President Paramprit Singh Bakshi said at the CAPA India aviation summit.
India, the world’s most populous nation, expects to have 350 airports by 2030, up from 144 in 2019, according to an earlier CAPA India estimate and government data.
India’s airline industry is projected to face widening losses of usD 400-600 million in fiscal 2025 due to escalating costs despite increased passenger demand. CAPA India forecasts a rise in yields by 1 percent this year, with overall costs to increase by 3.8 percent. Overall airline costs are expected to rise 3.8 percent in the fiscal year 2025.
Most airports in the country are run by the state-owned Airports Authority of India (AAI). GMR Airports, which runs the country’s busiest airport in capital New Delhi, the Adani Group and Fairfax India are among its top private airport operators. Record domestic passenger traffic and a rebound in international travel helped airports and airlines alike report better results in the previous fiscal year. ( USD 1 = 83.4575 Indian rupees)
