Adani’s airport venture to fly high on non-aero business

The Adani Group owns seven operational airports that account for 23% of the total air traffic in India and control over 50% of the nation’s top domestic routes. Yet, actual aeronautical operations such as aircraft landing, parking, cargo and ground handling, will not be more than 15% of the total operating profit of Adani Airport Holdings (AAHL). The balance is expected to come from non-aero business.