Private airports projected for 30% revenue surge amid escalating traffic: Crisil report

Due to escalating traffic, private airports in the country are poised to experience a 30% surge in their topline this fiscal year, a report stated on Thursday.

With the rise in passenger volume, airports are projected to witness an increase in both aeronautical and non-aeronautical revenues.

According to a report by credit rating agency Crisil, aeronautical sources encompass fees gathered from passengers, airlines, and cargo operators for the utilization of infrastructure. Non-aeronautical sources, on the other hand, comprise revenue streams such as advertising, retail, lounge services, and duty-free shops.