Saturday, 03 Oct 2026 Breaking: Russian Embassy expresses concern over civilian casualties in Pak's military actions against Afghanistan
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Adani Airports set to begin Mumbai Terminal 1B redevelopment in Jan 2027

Adani Airports set to begin Mumbai Terminal 1B redevelopment in Jan 2027

New Delhi [India], October 3 (ANI): Adani Airports-operated Mumbai International Airport Limited (MIAL) will begin phased redevelopment of the North Section of Terminal 1B at Mumbai Airport from January 2027, citing safety concerns linked to the ageing infrastructure, while maintaining that around 91 per cent of the airport's passenger traffic will remain unaffected.
Mumbai Airport handles approximately 55 million passengers annually, of which around five million passengers, or about 9 per cent, are expected to be temporarily impacted by the redevelopment.
Adani Airport Holdings Limited (AAHL) said only the North Section of Terminal 1B, which accounts for around one-third of Terminal 1's capacity, will be demolished in the first phase to minimise disruption to passengers and airline operations.
“91% of Mumbai Airport’s passenger traffic will remain unaffected even as we undertake redevelopment of the age-old infrastructure that was in urgent need of repairs,” AAHL CEO Arun Bansal said.
He said the temporary transition of some airline operations to Navi Mumbai International Airport would not represent a permanent shift of Mumbai Airport traffic.
Terminal 1 has been identified as a safety-related concern, with temporary mitigation measures being implemented over the years. The company said the fire incident at Terminal 1 in April this year further highlighted the risks associated with continued operations.
The redevelopment is expected to increase Terminal 1's capacity by 33 per cent, from the current 15 million passengers per annum (mppa) to 20 mppa.
“Extensive consultations with airlines on the future of Terminal 1 have been ongoing since 2020,” Bansal said, adding that the redevelopment proposal had also been presented before AERA and incorporated into the approved tariff framework.
AAHL said airlines have been given the option to temporarily relocate operations to Navi Mumbai International Airport, with support for a smooth transition.
Navi Mumbai Airport is also offering a 100 per cent discount on landing fees for new international flights. It plans to provide cash vouchers to international passengers to offset the difference in User Development Fee between Navi Mumbai and Mumbai airports.
Bansal said the availability of Navi Mumbai Airport makes it possible to redevelop Mumbai Airport's Terminal 1 in phases rather than shutting the entire terminal, reducing disruption for passengers and airlines.
The two airports are expected to function as complementary facilities addressing the aviation infrastructure requirements of the Mumbai metropolitan region. (ANI)

Tags

Related News

West Asia conflict has ‘massive’ economic and geopolitical impact, says UBC Economist Amartya Lahiri
Business
West Asia conflict has ‘massive’ economic and geopolitical impact, says UBC Economist Amartya Lahiri

<p>New Delhi [India], October 3 (ANI): The ongoing conflict in West Asia is having significant economic and geopolitical...

US natural gas production hits record high in July 2026: EIA
Business
US natural gas production hits record high in July 2026: EIA

<p>New Delhi [India], October 3 (ANI): US natural gas production reached an all-time high in July 2026, driven primarily...

Apple removes Bitchat from app store in India; Twitter co-founder Jack Dorsey reacts
Business
Apple removes Bitchat from app store in India; Twitter co-founder Jack Dorsey reacts

<p>New Delhi [India], October 3 (ANI): Apple has removed Bitchat, the offline messaging application associated with Twit...

India’s GDP forecast remains at 7% with wide uncertainty range: Arvind Virmani
Business
India’s GDP forecast remains at 7% with wide uncertainty range: Arvind Virmani

<p>New Delhi [India], October 3 (ANI): NITI Aayog Member Arvind Virmani has retained his forecast of 7 per cent GDP grow...

France-Germany bond spread widens to 150 bps from 50 bps in four weeks: Amelie de Montchalin
Business
France-Germany bond spread widens to 150 bps from 50 bps in four weeks: Amelie de Montchalin

<p>New Delhi [India], October 3 (ANI): The spread between France and Germany’s borrowing costs has widened from 50 basis...

NABKISAN raises Rs 180 crore through India’s first WASH-focused social bond
Business
NABKISAN raises Rs 180 crore through India’s first WASH-focused social bond

<p>Mumbai (Maharashtra) [India], October 3 (ANI): NABKISAN Finance Limited has raised Rs 180 crore through India’s first...