Regulator snubs revenue projections at Adani-controlled Thiruvananthapuram Airport

Regulator snubs revenue projections at Adani-controlled Thiruvananthapuram Airport

The Thiruvananthapuram Kerala International Airport Ltd (TKIAL) is a wholly-owned subsidiary of Adani Enterprises Ltd, which signed a concession agreement with the Airports Authority of India in January 2021. Photo: Special Arrangement The Adani-controlled Thiruvananthapuram Airport’s projection of revenue from non-aeronautical services such as the sale of food and beverages — used to subsidise costs … Read more