The city airport has put on hold a Rs 1,000-crore expansion project because the Covid-19 pandemic has led to a sharp drop in the passenger count and revenue and the authorities are not sure when the volume would reach the pre-pandemic level.
In the past year, the airport has lost 10 million passengers and a Rs 600-crore profit plunged to aRs 200-c rore loss. The shelving of the project once again shows how the Covid-19 pandemic had a deep impact on the country’s economy.
“The airport recorded a huge drop in the passenger count in 2020-21. We are not sure when the passenger count would go up again because there is a fresh surge in Covid-19 cases.