Adani Airports wants to fly higher; seeks higher stake in Mumbai airport
Gautam Adani-led Adani Airports Holdings (AAHL) is looking to raise its ownership in the Mumbai International Airport (MIAL), Financial Express (FE) has reported. AAHL is the country’s second-largest airport operator and currently owns a 74 per cent stake in MIAL. The remaining 26 per cent is owned by the Airports Authority of India (AAI).
Adani Group acquired a majority stake in the Mumbai airport from the GVK Group in a deal in August 2020. MIAL controls the Chhatrapati Shivaji Maharaj International Airport (CSMIA) and is the country’s second-largest airport in terms of passengers it handles, only second to Delhi’s Indira Gandhi International Airport.
