Adani Airports Targets Single-Digit Regulated Revenue Through Non-Aero Growth.

Retail, Leasing and City-Side Development to Help Lower Passenger Regulatory Charges.

Adani Airports Holdings Ltd (AAHL) is working to reduce its regulated revenue share to single digits by expanding non-aeronautical and city-side businesses, CEO Arun Bansal said at the 13th SBI Banking and Economics Conclave 2026. The strategy aims to lower regulatory charges for passengers by increasing revenue from retail, leasing, services and other commercial activities. Bansal said the regulated business currently accounts for only part of the airport operator’s overall operations, with the company seeking to significantly expand non-aero revenue over time. The objective is to bring regulatory charges for passengers down to the bare minimum. Bansal also highlighted the potential of Navi Mumbai International Airport to emerge as an international hub. He said the airport has been designed and constructed with the capacity to support international hub operations, particularly once Indian carriers begin offering direct flights to Europe and the US. He added that India could support multiple international hubs as airline fleets expand, with IndiGo and Air India having around 1,800 aircraft on order.