Aviation News

Infra Leadership Summit: Delhi Airport likely to become 2nd largest after Atlanta next yr: Scindia, ET Infra


<p>Jyotiraditya Scindia </p>
Jyotiraditya Scindia

NEW DELHI: India’s Delhi International Airport is likely to emerge as the second largest airport in the world after Hartsfield–Jackson Atlanta International Airport in the US, with an estimated passenger capacity of 109 million passengers by 2024, according to Civil Aviation Minister Jyotiraditya Scindia.

“With regard to infrastructure on the ground, so Delhi (Delhi International Airport) today has a capacity of close to about 70 million.We are going to go to about 109 million throughput capability at Delhi airport by next year, which means we will probably become the second largest airport in the world after Atlanta,” said Scindia at the maiden ET Infra Leadership Summit.

Scindia outlined that efforts are being undertaken to make Indian airports emerge as international hubs for commercial aviation, with Delhi International Airport being the first candidate to become an international hub.

“I am pushing a lot for aviation to take off and we have seen some landmark deals, 470 aircraft of Air India happening and I have been insisting, insisting and insisting for wide-bodied aircraft because I am sick and tired of my hub in my own country being in my neighbors, on my eastern coast and my western coast and I want to create a hub within India,” said Scindia referring to commercial aviation hubs in Southeast Asia and West Asia.

In terms of infrastructure development in the airport sector, Scindia highlighted that in the next three to five years, capital expenditure of about Rs. 98,000 crore will be undertaken of which Rs. 20,000 crores to 25,000 crores worth of investment will be undertaken by the Airports Authority of India.

The share of the private sector’s investment at about Rs. 60,000 crores will comprise development three greenfield airports and about seven brownfield airports.

Outlining that the annual growth rate of passenger traffic in the aviation sector is higher than the railways, Scindia stated that people transported by airlines will beat the traffic numbers of those carried via 1st AC and 2nd AC of Indian Railways.

“If you look at the CAGR (compound annual growth rate) of railways, the CAGR of railways is close to 5.6%. However, the CAGR of civil aviation is 10.3% and therefore in a period of time, five to seven years, just extrapolating that, we are going to be ahead of railways in terms of only transportation of people compared to 1st AC and 2nd AC,” he said.

  • Published On Dec 18, 2023 at 07:56 AM IST

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