Adani Airports Secures $750 Million for Future-Ready Growth
- Adani Airports raised $750 million through international ECB financing to refinance debt and fund infrastructure upgrades.
- The funds will support capacity expansion across six airports and boost non-aeronautical businesses like retail and F&B.
- AAHL aims to triple passenger capacity to 300 million annually by 2040, with Navi Mumbai International Airport set to launch soon.
Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Limited and India’s largest private airport operator, has successfully raised $750 million through External Commercial Borrowings (ECB) from a consortium of leading international banks. The financing round was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
AAHL announced that the funds will be used to refinance an existing $40 million debt and further invest in infrastructure upgrades and capacity expansion across its six operational airports Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. Additionally, the proceeds will support the scaling of its non-aeronautical businesses, including retail, food and beverage, duty-free services, and other customer-centric offerings throughout its airport network.
Arun Bansal, CEO of AAHL, highlighted the importance of this strategic funding, stating, “The trust placed in us by leading global financial institutions underscores the long-term value and potential of India's aviation infrastructure. AAHL is committed to delivering exceptional customer experiences, leveraging technology for seamless operations, and driving sustainability and community engagement”.
AAHL served 94 million passengers in FY 2024–25, with an operational capacity of 110 million. It now aims to triple its capacity to 300 million passengers annually by 2040 through phased expansion. A key milestone in this roadmap is the upcoming launch of Navi Mumbai International Airport, which is expected to initially handle 20 million passengers in its first phase, eventually scaling to 90 million per annum.
AAHL also owns a 74 percent stake in Mumbai International Airport Ltd, which holds the same share in Navi Mumbai International Airport Ltd. With a total of eight airports under its management and development, AAHL handles 23 percent of India’s passenger traffic and more than 29 percent of the country’s air cargo movement, reinforcing its leadership in airport infrastructure.
