Kolkata Airport Smashes Records ₹670 Cr Profit Post-Pandemic

KOLKATA, INDIA – Netaji Subhas Chandra Bose International Airport has soared past its pre-pandemic peak, posting an all-time high profit of ₹670 crore in FY 2023-24, cementing its status as India’s top-performing AAI-operated airport.

Record-Breaking Performance

Revenue surged 30% to ₹1,578.6 crore, dwarfing Chennai’s ₹1,212.8 crore.

Profit jumped 23% from its 2019-20 high (₹545 crore), nearly 2.5x Chennai’s ₹282 crore.

Handled 2.1 crore passengers in 2024 – just shy of its 2019 peak (2.3 crore) – with flights averaging 146 passengers (highest ever).

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Growth Engines

Traffic revenue (79% of total) fueled gains, led by domestic operations (85%).

Southeast Asian routes and transit traffic to Northeast India boosted international footfall.

Passenger load per flight hit a record (146), up from 143 in 2019.

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Airport Director Pravat Ranjan Beuria projects ₹1,000+ crore profit by 2025-26, citing ongoing infrastructure upgrades:

₹109 crore for terminal expansion.

₹299 crore for a new domestic cargo terminal.

Solar initiatives slashing operational costs.

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The airport staged a dramatic rebound from a ₹193.7 crore loss in 2020, leveraging strategic investments like:

New ATC tower (₹247 crore).

Runway resurfacing (₹70.4 crore).

Airside enhancements (₹329 crore).

With plans to boost non-traffic revenue to 30%, Kolkata’s aviation hub is turbocharging India’s skies.

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