160% revenue growth for Pune airport

Sushant Ranjan
Sunday, 5 August 2018

Pune: The Pune airport has topped among the 28 airports under the Western Region headquarters of the Airports Authority of India (AAI) in terms of revenue generation. 

The Pune airport beat Ahmedabad and Goa, which are the second and third place, respectively. Revenue growth of 160 per cent was recorded in 2017-18 as compared to the previous financial year.

Pune: The Pune airport has topped among the 28 airports under the Western Region headquarters of the Airports Authority of India (AAI) in terms of revenue generation. 

The Pune airport beat Ahmedabad and Goa, which are the second and third place, respectively. Revenue growth of 160 per cent was recorded in 2017-18 as compared to the previous financial year.

According to airport officials, in the last three years, there have been a lot of work, which was pending due to no-approval from the higher authority and revenue was low among all airports. “Within two years, the airport worked on two major issues i.e one is to increase passengers’ facilities and starts new flights from Pune to other destinations in India,” said an officer.

As per the data provided by the Pune airport, the generated revenue of Rs 146 crore during 2017-18 is 160 per cent high than the previous financial year. In 2016-17, the airport record Rs 56 crore in revenue generation. The airport earned Rs 30 crore in 2015-16 and Rs 28 crore in 2014-15.

The Ahmedabad airport is in the second place with earnings of Rs 143 crore in 2017-18 and Goa is in third place.

“We are continuously working on increasing facilities for passengers. In 2014-15, there were only 50-60 flights per year (arrival and departure) and now, we are operating more than 200 flights. We are expecting to cross 10 million per annum passenger mark in the ongoing year. 

In 2017-18 fiscal, the airport had recorded a passenger growth of 20.6 per cent. Recently, we opened a multi-branded restaurant. We have already increased seating capacity with the installation of 1,524 seats in security hold area,” said Ajay Kumar, Director, Pune airport.

Recently, an Environmental Status Report (ESR) published by the Pune Municipal Corporation (PMC) stated that in 2014-15, the movement of passengers was only 41.90 lakh per year and in 2017-18 it crossed the number with 71.99 lakh passengers footfall with 22,466 passengers per day.

The airport authority is also planning to increase the flight capacity by end of this year. 

Thirty new flights will be added in the winter schedule, which will begin from October 28. Airports Authority of India (AAI) Chairman Guruprasad Mohapatra was in the city recently to review the performance of airports in the western region. He emphasised that passenger growth in Pune region was promising and was a result of the recent expansion of passenger amenities and addition of new flights.

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