Airports` non-aviation revenue set to take-off

Mumbai: Non-aeronautical revenues are set to bloat the purses of airports being developed by the private sector.
Private players are setting up malls, hospitality chains, book shops, duty-free shops, Internet cafes, lounges and entertainment centres at greenfield airports as well as those they are upgrading. This is expected to contribute almost 50 per cent to their revenue.
Airports, including those operated by the government, are targeting an average 50:50 mix. Airline passengers are expected to increase from 39 million in 2000-01 to 77 million in 2006-07 and cargo hauled is expected to increase from 0.8 million tonnes to 1.40 million tonnes during the same period,? industry analysts said.
?Also, the proposed growth in airline fleet size from 271 to 482 will warrant the need for improved and increased airport facilities. parking slots.
10/01/07 P R Sanjai/Business Standard

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