Delhi emerges crown jewel in Groupe ADP's portfolio
Cruising Heights|December 2023
Delhi has solidified its position as the flagship airport within Groupe ADP's portfolio by surpassing Paris airport in passenger numbers during the first nine months of 2023.
Delhi emerges crown jewel in Groupe ADP's portfolio

This significant growth occurred despite challenges faced by IndiGo, including groundings due to Pratt & Whitney engine issues and the collapse of GoFirst in May. Groupe ADP had invested in Delhi and Hyderabad airports through Special Purpose Vehicles DIAL and GHIAL, closing the deal with GMR just before the pandemic. The initial impact of the global lockdown raised questions about the investment's viability but post-pandemic, Delhi airport's robust growth has more than justified the strategic move.

This story is from the December 2023 edition of Cruising Heights.

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This story is from the December 2023 edition of Cruising Heights.

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