Adani Incorporates Subsidiary in Abu Dhabi for Running Airports Outside India

Adani Airport Holdings Ltd. has recently incorporated a wholly owned subsidiary named Global Airports Operator LLC in Abu Dhabi. This new entity is set up to handle investment, acquisition, construction, operation, and maintenance of airports outside India.

Adani Airport Holdings currently manages several airports in India, including those in Mumbai, Ahmedabad, and Lucknow, and is looking to expand its operations internationally.

Adani Group has significantly expanded its presence in the Indian aviation sector through Adani Airport Holdings Limited (AAHL).

Adani Group manages eight airports in India including Mumbai (Chhatrapati Shivaji Maharaj International Airport), Ahmedabad (Sardar Vallabhbhai Patel International Airport), Lucknow (Chaudhary Charan Singh International Airport), Mangaluru (Mangaluru International Airport), and Jaipur (Jaipur International Airport) among others. 

Adani Airports handle about 25% of India's passenger traffic and 33% of the country's air cargo traffic. The group aims to transform these airports into world-class destinations, enhancing the overall passenger experience and integrating advanced infrastructure. They focus on creating seamless and secure airport environments, redefining the relationship between cities and their airports.

With the incorporation of Global Airports Operator LLC in Abu Dhabi, Adani Group is looking to expand its airport operations internationally.

Adani Group has announced a significant investment of ₹60,000 crore over the next 5-10 years to expand its airport business1. This investment aims to increase the capacity of the airports managed by Adani Ports up to three times by 2040.
Advertisements

Post a Comment

Previous Post Next Post