93 Airports Incurred Losses In FY 22-23, Bengaluru Most Profitable

93 Airports Incurred Losses In FY 22-23, Bengaluru Most Profitable

In a written reply to a question in Parliament on Monday, MoS Ministry of Civil Aviation Gen Dr. VK Singh (Ret) informed about the profit and loss statement related to various airports across the country for the last 3 fiscal years.

 As per the details shared, 93 out of 125 airports have incurred losses in FY 22-23. While the maximum profit has been booked by Bengaluru airport with Rs. 528 crores, Ahmedabad is most loss making with negative Rs 408.51 crores.

 Ahmedabad airport tops the loss making charts followed by Delhi airport . Mumbai airport in the current fiscal year has made a loss of Rs 1.04 Crore so far. It has significantly improved from the previous financial year where it suffered a loss of Rs. 182.58 Crore in FY 21-22. Presently, 14 airports in the country are operated under Public Private Partnership (PPP).

Out of these 14 airports, 11 are loss making airports which includes Delhi, Ahmedabad, Mumbai, Lucknow, Jaipur, Durgapur, Mangaluru, Thiruvananthapuram, Guwahati, Durgapur and Goa’s Mopa airport, which has been recently built.