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Only 21 AAI airports generated profits in FY23.

Only 21 AAI airports generated profits in FY23.

There are 139 airports in the country that are run either by the Airports Authority of India (AAI) or under public-private partnership (PPP). Of these only 21 were able to generate profits in the 2022-23 financial year, showed ThePrint’s analysis of data shared by Minister of State for Civil Aviation V. K. Singh in Lok Sabha last month.Of the 14 airports run under PPP mode, only three registered profits in 2022-23, the data shared in Lok Sabha showed.

According to MoS Singh’s written reply in Lok Sabha  of the 125 domestic airports run by AAI — a public sector undertaking only 18 registered profits in the past financial year, while 15 recorded neither profits nor losses. This was, however, an improvement over the previous year (2021-22 financial year), when only 11 airports run by AAI saw profits.

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