Hyderabad, Aug. 30 -- Airports managed under the public-private partnership (PPP) model generate 87 per cent of the country's total non-aero revenue while handling 64 per cent of total traffic, according to the latest report.
Beyond the Runway - Scope of Non-Aero Revenue and Aero Cities in India, by Knight Frank India, a leading real estate consultancy in the country, was released in association with the National Real Estate Development Council (NAREDCO).
The report highlighted the growing importance of non-aero revenues in shaping the future of India's airports and urban growth.
This reflects the operational efficiency of the PPP model and its critical role in diversifying airport income streams beyond traditional aeronautical revenues....