Serpentine queues at airports to continue for three more years! Four of the largest airports of the country – Delhi, Bengaluru, Mumbai and Hyderabad will continue to witness long queues, given the surging traffic and the slow progress of the ongoing Rs 38,000 crore airport capacity expansion.
According to details of a CRISIL report, these four of the largest airports are undertaking a record Rs 38,000-crore capex but the capacity will not come up before the end of 2023.
These airports – Delhi, Bengaluru, Mumbai and Hyderabad – handle more than half of the traffic and are operating at 130 per cent of their total installed capacity. These airports have also not shown any dip in the traffic surge and by handling more than half of the load, the congestion will continue till about financial year 2023, according to details by CRISIL quoted in a recent PTI report.
The operationalizing of the capacities in the following two fiscal years, will bring down the utilisation levels at the airport, although they will still be high at over 90 per cent by fiscal year 2023.