7% YoY growth by Adani Airports, handles 1 million tonnes of cargo

Cargo operations in 2023-24 were driven by commodities such as automotives, pharmaceuticals, perishables, electricals, and engineering goods. This growth solidifies our position as key facilitators in international and domestic air freight operations in India, says Arun Bansal, CEO, Adani Airports Holdings Limited.

CT Bureau

Adani Airport Holdings Limited (AAHL) handled one million tonnes of air cargo in 2023-2024. The achievement underscores the airport’s operational capabilities and strategic growth in the aviation industry.

Demonstrating solid growth, AAHL facilitated a remarkable 10,13,115 metric tonnes of cargo in last fiscal year, capturing 30.1 per cent market share. This represents 7 per cent YoY growth growth against the previous fiscal, when the total cargo tonnage was 9,44,912 metric tonnes.

In 2023-2024, AAHL’s cargo operations were mostly international—65 per cent. This shows AAHL’s efficiency in managing worldwide operations, while maintaining a robust domestic presence. The international cargo tonnage amounted to 6,62,258 metric tonnes, recording a notable 9 per cent YoY growth compared to the previous fiscal’s 6,06,348 metric tonnes.

The cargo operations were driven by commodities, including automobiles, pharmaceuticals, perishables, electricals, electronics, and engineering goods.

They were efficiently handled across airports such as Chhatrapati Shivaji Maharaj International Airport (Mumbai), Sardar Vallabhbhai Patel International Airport (Ahmedabad), Chaudhary Charan Singh International Airport (Lucknow), Thiruvananthapuram International Airport, Mangaluru International Airport, Lokpriya Gopinath Bordoloi International Airport (Guwahati) and Jaipur International Airport.

Arun Bansal, CEO, AAHL, said, “We have been consistently setting new benchmarks for operational efficiency. The cargo terminals have achieved a remarkable milestone, handling over one million tonnes in the financial year 2023-24. This achievement solidifies our position as key facilitators in both international and domestic air freight operations in the country.”