The Airport Authority of India (AAI) manages total 140 Airports inthe country, which include 18 International Airports, 122 domestic airports and28 civil enclaves. Top 7 airports in the country handle 70% of the passenger traffic of which Delhi and Mumbai together alone account for 50%.Passenger and cargo traffic has growth at an average of about 9% over thelast 10 years.
Estimated domestic passenger segment growth is at 12% per annum. Anticipated growth for International passenger segment is 7% whilethe growth for International Cargo is likely to grow at a healthy rate of 12%.
Privatization of International Airports is in offing through JointVenture route. Three Greenfield airports are getting developed at Kochi,Hyderabad and Bangalore with major shareholding of private sector. Thework on Bangalore airport is likely to commence shortly. Few selected non-metro airports are likely to be privatized.100% foreign equity has also beenallowed in construction and maintenance of airports with selective approvalfrom Foreign Investment Promotion Board.
The total aircraft movements handled in October 2006 hasshown an increase of 19.4 percent as compared to the aircraft movementhandled in October 2005. The international and domestic aircraft movementsincreased by 19.4 percent each during the period under review. The reasonfor increase in aircraft m’ovements is due to increase of operation of smaller aircraft by airlines and the introduction of new airlines viz., Air Deccan insouthern region and international airlines (Air Canada, Polar Air Cargo, Qatar Airways (Freighter), Turkish Airways, Air Slovakia at IGI Airport with effectfrom October 2005.
International and Domestic passenger traffic handled inOctober 2005 has increased by 15.4 percent and 6.7 percent over the periodof October 2004 leading to an overall increase of 9.4 percent. The totalpassenger increased by 9.2 percent, 7.6 percent, 8.9 percent and 17.0