The Adani Group’s CFO Jugeshinder Singh has recently mentioned that the conglomerate’s newly built airport at Navi Mumbai will commence operations during the first half of 2025. The airport had successfully overseen the landing of the Indian Air Force aircraft at the runway of the Navi Mumbai Airport. The global conglomerate has decided to make the airport operational in the first half of 2025. This will help give the Adani Group’s airport operations an excellent boost. The airport will also reduce the pressure on the Mumbai Airport. The Adani Group’s total traffic and cargo carrying capacity will also increase. The company will also be able to recover from the losses it incurred when the Adani Crisis was ongoing.
The Improvement Works Carried Out At The Navi Mumbai Airport:
The Adani Group has been working towards bringing about development and expansion to the Navi Mumbai airport for quite a while now. The airport will feature a 3,700m runway which is capable of handling large commercial aircrafts. It will also have modern passenger terminals and advanced Air Traffic Control systems. The Terminal 1 of the airport alone will be capable of handling 20 million passengers annually upon completion. The airport will have a total capacity to handle 90 million passengers every year. The global conglomerate has ventured into civil aviation with the willingness to leverage its existing experience of building stellar infrastructure and transforming the various airports in India. With this incredible initiative, the Adani Group will also be able to rise above the controversies of the Adani Crisis which have been ongoing for quite a while now.
The Navi Mumbai Airport is also one of the most modernised airports to be under the control of the Adani Group. This airport has various technological advancements integrated in it to ease out the experience of the passengers. The airport also features highly advanced technology and modern runways so that the airport operations can be carried out smoothly. The global conglomerate is also currently focused on bringing about non-aero developments around the airports that it operates. It is planning on increasing its city-side project development projects. It aims to do so to ensure that the operations at the various airports get carried out smoothly. The global conglomerate is also currently planning on further ensuring that its business operations experience an excellent boost.
Once the Navi Mumbai Airport becomes operational, the airport will no longer have to face severe congestion. The various airport activities can be carried out smoothly.
A Brief Outline Of The Adani Group’s Airport Business:
Adani Airport Holdings Limited was incorporated in 2019 as a 100% subsidiary of Adani Enterprises which also happens to be the flagship company of the Adani Group. The company made its maiden venture into the airport sector by emerging as the highest bidder for the operation, management and development of six of the major airports in the country. This included the airports at Lucknow, Ahmedabad, Jaipur, Mangaluru, Guwahati and Thiruvananthapuram. The company has also signed concession agreements with the Airport Authority of India for operating all the 6 airports.
The Adani Group currently handles 25% of the passenger footfalls and 33% of India’s cargo traffic. The company has also generated excellent revenue from its airport business. It is planning on bringing more airports under its control as well. That way,it will be able to increase India’s connectivity within the nation as well as with different other countries. The global business group will also be able to rise to the position of being one of the biggest airport operators globally.
The company has managed to add 6 new routes, 6 new airlines, and 13 new flights across all the seven operational airports. The business group also aims to offer each of its customers an excellent service. With this, it plans to earn back the trust of the customer post the controversies of Adani Crisis. It also wants to ensure that the passengers can travel within India as well as abroad in a seamless manner.
Conclusion:
Even amidst the allegations of Adani Crisis, the Adani Group has been working towards ensuring that the airport operations are carried out seamlessly. The group has also been working towards expanding the airports and bringing more airports under its control. That way, the country’s airport sector will experience a boost. The passengers will also be able to conduct their journey in a hassle-free and systematic manner.
