The total project cost presently stands at Rs12,380 crore as against the estimated project cost in 2009, which stood at Rs9,802 crore.
Even as flyers from Mumbai gear up for another hike due to the possible increase in airport tariffs, a fact, which may bring some rejoice is that Mumbai airport stands out to be the most cost efficient in the country with cost per passenger incurred being as low as Rs88.
The privately run Mumbai airport is operated by a consortium led by GVK. The total project cost presently stands at Rs12,380 crore as against the estimated project cost in 2009, which stood at Rs9,802 crore. The airport operator has approached Airport Economic Regulator Authority (AERA), the economic regulator, seeking an increase in the airport tariffs.
As per the data provided by Mumbai airport to AERA, as many as 29.07 million passengers travelled during last year. The data calculates the cost per passenger to be Rs88.
In comparison, Delhi airport, which sees the highest air passenger movement, had around 29.94 million passengers last year. With operating expenditure of Rs5,474 for the same period, the cost per passenger turns out to be around Rs183, which is more than double as compared to Mumbai.
The airports run by the Airport Authority of India (AAI) sees as many as 26,174 million passengers every year. Smaller airports like Trivandrum incurs about Rs348 per passenger, while Ahmedabad sees cost of about Rs192 per passenger, the data reveal.
The AERA consultation paper stresses, fixed cost like manpower, electricity and plethora of taxes as the main reason for finding it difficult to keep the operating costs under control. AERA officials say that all the airports have been instructed to remains at their efficient best, so that its benefits can be passed on to the air travellers and aviation industry in general.
Plane truth
Delhi airport, which sees the highest passenger movement, had around 29.94 mn passengers last year. With operating expenditure of Rs5,474 for the same period, the cost per passenger turns out to be Rs183, which is more than double as compared to Mumbai.
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