Airports woo lifestyle brands to grow non-aero biz as air traffic rebounds

Major private airports witnessed 12% CAGR growth in non-aeronautical revenue between FY 2017-2021, as per Icra report

Major Indian airports are looking to capitalise on the rebound in air traffic to attract brands, improve customer engagement and enhance their non-aeronautical revenue.

While Bangalore International Airport Limited (BIAL) will double its commercial space with the opening of terminal 2 in mid-2022, the GMR group hopes to draw on the experience of its strategic partner Groupe ADP of France and attract more high street fashion brands at its airports.

“As passenger volumes continue to recover, spend per passenger too has witnessed a slow recovery,” said Hari Marar, managing director and CEO of BIAL. He declined to share figures but