The Airports Authority of India (AAI) can make over Rs 650 crore annually as concession fee from the six brownfield airports that have been won by the Adanis, say analysts.
This is more than four times the income that AAI made in 2019-20 from the same airports, at Rs 142.72 crore, by running them on their own.
These airports include Mangaluru, Lucknow, Ahmedabad, Jaipur, Trivandrum, and Guwahati with total passengers of 32.9 million in 2019-20. The Adanis have already signed up concession agreements from late December 2020 to run the airports.
AAI’s bonanza in earnings was pegged to passenger numbers in 2019-20.