Adani Becomes India's Largest Airport Operator

The Adani group has completed the acquisition of Mumbai International Airport Limited (MIAL) and will begin construction of the Greenfield airport in Navi Mumbai next month. The Adanis already have six airports in their portfolio and with the addition of Mumbai airpo

BY Realty Plus
Published - Thursday, 15 Jul, 2021

Adani Becomes India's Largest Airport Operator

The Adani group has completed the acquisition of Mumbai International Airport Limited (MIAL) and will begin construction of the Greenfield airport in Navi Mumbai next month. The Adanis already have six airports in their portfolio and with the addition of Mumbai airport the group will control control 25 per cent of passenger footfalls and 33 per cent of India's air cargo and make the group India's largest airport infrastructure company. Adani Airport Holdings Limited will also begin the construction of the Navi Mumbai International Airport next month and complete the financial closure in the next 90 days. This new international airport will be commissioned in 2024.