Adani Airports - Business Outrank

The airport operator Adani Airports secured $750 million through external commercial borrowings from First Abu Dhabi Bank and Barclays and Standard Chartered. The substantial financial transaction enables Adani Airports Holdings Ltd (AAHL) to expand its infrastructure and operational capabilities as India's largest private airport operator. The obtained funds will serve to pay off current debts and enhance the facilities at Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram airports. The company plans to develop its non-aeronautical business segments through retail and duty-free and food & beverage and additional passenger service expansion. CEO Arun Bansal highlighted the worldwide confidence in Indian aviation infrastructure while emphasizing AAHL's dedication to maintain smooth and environmentally friendly airport operations. The company processed 94 million passengers during the last year and targets to reach 300 million annual passengers by 2040. The upcoming Navi Mumbai International Airport will increase passenger numbers through its first phase which will handle 20 million passengers. The company plans to enter the ground handling business in Mumbai and Ahmedabad after Turkish operator Celebi lost its security clearance.

What's Hot

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Adani Airports

Adani Airports Raises $750 Million to Expand Aviation Empire

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

A Joyous Union Celebrated by the Upadhyay Family

Our Picks

Meesho Faces Big Spotlight as It Allocates ₹480 Crore for AI and Tech Salaries

Why ACL Reconstructions Fail: Dr Ashwani Maichand Elaborates on Key Causes of ACL Repair Failure and How to Avoid Them

A Bold New Shift in Customer Data Sharing

Most Popular

How to optimise instagram account to increase more followers

Maruti Suzuki Company expanded the SUV lineup with a new mid-size model Victoris.

US House passes bill to ban TikTok

Subscribe to Updates

What's Hot

Browsing: Adani Airports