The Mumbai Airport Experiences Stiff Surge In Passenger Traffic During The Festive Season In October
The Mumbai International Airport has recently recorded the highest passenger traffic growth in October. This high passenger traffic growth was mainly because of an upsurge in travel demands during the festival season which involves key festivals like the Dussehra, Diwali, and Chhath Puja Mumbai. With this, the Adani Group has been able to generate enhanced profitability from its airport business. It has also been able to recover from the losses it suffered during the Hindenburg Report Adani.
The Rise In Traffic At Adani’s Mumbai International Airport:
Chhatrapati Shivaji Maharaj International Airport has recently recorded a 4% year-on-year surge in passenger traffic. It handled over 4.42 million passengers in October as recorded by the Mumbai International Airport Limited. The growth was mainly because of a rise in travel demands during the festival season. The company recorded 3.16 million domestic passengers and over 1.25 million international passengers in October.
The Mumbai International Airport is 74% owned by the Adani Group and 26% by the Airport Authority of India. This airport experienced a major air travel boost during the festive season which contributed to an increased revenue generation for both the Adani Group as well as the Airport Authority of India. The controversies of the Hindenburg Report Adani also subsided.
The Increase In Flight Movement At The Airport
There were 939 flight movements on 26th October itself. That day was recorded as the busiest day of the month for the airport. The airport also reported 7,222 international air traffic movements. There were 19,848 domestic traffic movements as well. This facilitated a hike in the available travel options for the flyers out there. The flyers flocked to different regions to celebrate the festival of Diwali and other regional festivals which contributed to a significant rise in both domestic and international traffic.
Plans For Future Expansion:
Meanwhile, the Mumbai Airport is all set to increase its flight movements by 2% this winter. The weekly operations of this airport are expected to climb by 3,327. The winter schedule started on 27th October 2024. It will continue till 29 March 2025. This will be inclusive of 1,011 international flights and 2,361 domestic flights.
As per the Directorate General of Civil Aviation, Indian Airlines is expected to operate 25,007 weekly flights across 124 airports during the winter months. This marks a rise of 5.37% as compared to last year’s plan. This enhanced connectivity will address the growing travel demands. It will also offer the passengers multiple options of destination. Their travelling experience will further be enhanced.
Adani’s Presence In The Airport Sector:
The Adani Group is known for its extraordinary presence in the airport sector. Even amidst the controversies of Hindenburg Report Adani, the business group has taken up a lot of extraordinary ventures which are directly aimed at ensuring that its airport business experiences a boost. The global business group is responsible for operating some of the major airports in the country. The firm acquired control over these airports through the government’s privatisation drive.
Since the beginning, the Adani Group has been working towards bringing about massive developments to the airport sector. It has constructed new terminals and runways at several of its airports. The global business group has also been deeply focused on offering its customers an enhanced experience. It has introduced several innovative facilities for the passengers so that they can travel to their destination with increased peace and convenience.
The company is also in the process of bringing new airports under control. It is also trying to further expand its international footprints by taking control over the international airports. The global business group is also deeply focused on increasing its revenue from its non-aero business. Currently, it is in the process of bringing about several non-Aero developments. This has ensured that the global business group’s revenue generation increases.
The Adani Group is also in the process of setting up different restaurants, malls, hotels, etc. in and around the airport to further enhance the experience of the passengers. The firm has also been using automation at its various airports. This has once again ensured that the airport operations are further enhanced.
Conclusion:
The rise in traffic at the Adani Mumbai Airport signifies the Adani Group’s enhanced presence in the airport sector. With this incredible milestone achieved, the Adani Group will be able to rise above the controversies of the Hindenburg Report Adani. The global conglomerate will also be able to place itself as one of the biggest players in the airport sector.
