‘IGI witnesses increase in passenger revenue in 2010-11’

‘IGI witnesses increase in passenger revenue in 2010-11’ New Delhi: After commissioning of Terminal 3 in 2010, the total revenue per passenger increased while a substantial decline was recorded in total cost per passenger during the last fiscal as compared to previous year, a study by National Council for Applied Economic Research said.

"The total revenue per passenger increased from Rs 419 in 2008-09 to Rs 421 in 2010-11. On the other hand total cost per passenger declined substantially from Rs 195 in 2008-09 to Rs 188 in 2010-11," the first ever economic impact study of any
airport in India by NCAER titled "Economic Impact Study of Delhi Airport" said.

The study also establishes the significant linkage of the Civil Aviation sector with the rest of the economy.

The construction of Terminal 3 of the IGI airport has contributed greatly to nation's as well as the state's economies by providing direct and indirect employment to thousands and earning revenues from various sources, it said.

Delhi airport handled 29.94 million passengers and ranked first in 2010-11 in the country after dislodging Mumbai which handled 29.07 million passengers, despite operating from its old terminal building.

"During 2011-12, Delhi airport handled approximately 35.94 million passengers. Also, 34 percent out of the 91 percent of foreign tourist who arrived India by air, landed at IGI airport," the study said.

In 2009-10, the Delhi Airport has added Rs 29,470 crore or 0.45 percent to India's GDP, which turns out to be 13.53 percent of Delhi's Gross State Domestic Product (GSDP), the study revealed. This is likely to increase to Rs 90,925 crore by the year 2020.

Other major findings of the report include contribution of 15 lakh 78 thousand jobs (0.34 percent of national employment) and 25.9 percent of Delhi's total employment.

"This comprises of 64,000 direct jobs, 4.52 lakh indirect jobs and 10.62 lakh in induced impact through tourism and investment," the study said.

Delhi airport was ranked as the second best airport worldwide in the 25-40 million passengers category for Airport Service Standards (in ACI ASQ Rating, 2011).

The airport connects 51 international and 41 domestic routes and ranked 47th in the world's top 100 international airports in terms of passenger traffic in 2010.

To carry out the study, a total of 4,747 passengers were surveyed, out of which 3,278 (69.1 percent) were domestic and 1,468 (30.9 percent) were international passengers. The survey was spread over 10 days in the domestic and international departure and arrival sections.

PTI