A travel day can mean lots of sitting around either waiting for a flight or on board, but it can also mean getting your steps in while having to trek across long airport corridors. And that’s especially true at some larger airport hubs.
12.03.2024 - 12:47 / skift.com / Jyotiraditya Scindia / Bulbul Dhawan / Airlines
The Adani Group is set to invest INR 600 billion in its airport business over the next five to 10 years. This investment will be used to expand seven of the existing airports in its portfolio and will be split evenly between ‘airside’ expansion and ‘cityside’ development, the conglomerate said.
Airports set to expand: The group has identified Mumbai, Ahmedabad, Lucknow, Mangaluru, Guwahati, Thiruvananthapuram, and Jaipur airports for this expansion. While the group acquired the operating rights for the Mumbai airport in 2021, the remaining six of the selected airports had been acquired by Adani Group in 2019.
Adani Ports and Special Economic Zone managing director Karan Adani stated that the current capacity at the group’s airports is 100-110 million passengers annually. The aim is to increase this capacity by up to three times with the help of the investments. The Lucknow airport has already got a new terminal, and new terminals are being planned in Ahmedabad and Jaipur.
Air travel in India: Air travel in India is recovering rapidly. In 2022-23, Indian airlines carried nearly 160 million passengers, according to data released by the Directorate General of Civil Aviation. This marked a 90% increase from the previous year. It was also about 4 million less than the 2019-20 pre-Covid figure. In January 2024 alone, domestic airlines carried more than 13 million passengers.
Earlier this year, union aviation minister Jyotiraditya Scindia said that despite the immense growth in the aviation industry in the country, the Indian market is still underserved. Over the past nine years, the number of airports in India have doubled from 74 to 149. Adani is currently also developing the airport in Navi Mumbai, which has a separate outlay of INR 180 billion ($2.18 billion).
Trevolution Group sold nearly 87,000 airline tickets to and from India last year. This was the group’s record airfare sales figure in the country, and marked a 17% growth as compared to 2022. The airfare sales results in India have exceeded pre-pandemic levels for the group. With $143 million in gross bookings, 2023 has become the most profitable year for Trevolution in India till date.
The group reported that India continued to see increased inbound tourism, especially as the country has historically been among the most popular travel destinations for passengers from the US. However, the country’s outbound travel sales witnessed the most significant growth of more than 130%.
The Government of Goa is planning to establish co-working spaces at the Morjim and Ashwem beaches. The move seeks to promote the concept of workation to visitors, as well as to establish the coastal state as an ideal destination to work remotely from.
This initiative is
A travel day can mean lots of sitting around either waiting for a flight or on board, but it can also mean getting your steps in while having to trek across long airport corridors. And that’s especially true at some larger airport hubs.
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Marriott International has announced the signing of its debut Ritz-Carlton property in Jaipur, Maharashtra. The 250-key hotel is expected to open in 2028. Currently, the hospitality company operates five hotels in the city. Rajeev Menon, president, Asia Pacific excluding China at Marriott International, said that the Indian market is flourishing and its interest in luxury travel is leading to a growth in demand for global luxury brands.
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