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India could have space for low-budget airports
POSTED: 9:35 a.m. EDT, July 5,2007

While talks of developing 35 non-metro airports is still doing rounds, private airport developers are weighing options for terminals and even airports dedicated to low cost carriers at few locations.

Since GMR Infrastructure Ltd, the company undertaking the modernisation of the Delhi and Hyderabad airports, has made provisions for low-budget terminals in the above projects, GVK consortium, involved with the Mumbai airport modernisation, sees potential for low-budget airports in non-metro areas.

Speaking to Business Line, Mr Madhu Terdal, CFO- Corporate Strategic Finance, GMR, said, ^Terminals specifically catering to low cost carriers can be developed by cutting on the frills generally provided at an airport, however , possibility of a dedicated low-budget airport seems distant in the Indian context, as it would not be very commercially viable. ̄

From: businessline
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