Adani Airport surpasses 1 million tonnes in air cargo for FY 2023-2024

Adani Airport Holdings Limited (AAHL) has achieved a significant milestone by handling over one million tonnes of air cargo in the fiscal year 2023-2024. This accomplishment underscores AAHL’s robust operational capabilities and strategic growth in the aviation industry. AAHL facilitated an impressive 10,13,115 metric tonnes of cargo in FY 2023-24, capturing a substantial 30.1 percent market share. This represents a notable 7 percent year-on-year increase from the previous fiscal year, which saw a total cargo tonnage of 9,44,912 metric tonnes.

In FY 2023-2024, AAHL’s cargo operations were predominantly international, with 65 percent of the cargo managed being international. The international cargo tonnage amounted to 6,62,258 metric tonnes, marking a 9 percent year-on-year growth from the previous fiscal’s 6,06,348 metric tonnes. Key commodities driving this growth included automobiles, pharmaceuticals, perishables, electricals/electronics, and engineering goods.

AAHL’s efficient cargo operations were spread across several major airports, including Chhatrapati Shivaji Maharaj International Airport (Mumbai), Sardar Vallabhbhai Patel International Airport (Ahmedabad), Chaudhary Charan Singh International Airport (Lucknow), Thiruvananthapuram International Airport, Mangaluru International Airport, Lokpriya Gopinath Bordoloi International Airport (Guwahati), and Jaipur International Airport. Major international destinations for cargo included Germany, the Netherlands, the United Arab Emirates, the United Kingdom, and the United States of America.

Reflecting on this achievement, Arun Bansal, CEO of AAHL, stated, “At Adani Airport Holdings Limited, we have been consistently setting new benchmarks for operational efficiency. The cargo terminals have achieved a remarkable milestone, handling over one million tonnes this fiscal year. This achievement solidifies our position as key facilitators in both international and domestic airfreight operations in India.”

Mumbai International Airport witnessed the highest recorded volumes for the fiscal year in March 2024 and received two major awards: Cargo Airport of the Year – Region India at Air Cargo India 2024 and Best Cargo Airport – Efficiency & Digitisation at the India Cargo Awards 2023. New freight operators, including Challenge Group, CMA CGM Air Cargo, Air Pace, Kenya Airways, Indigo, and Uganda Airlines, have been added. Additionally, the Mumbai SACT implemented 100 percent virtual account usage by trade partners, marking a significant step towards digitisation in domestic cargo operations.

Sardar Vallabhbhai Patel International Airport (Ahmedabad) successfully handled Indigo’s first A320 neo freighter on 18 May 2024. International cargo operations at Chaudhary Charan Singh International Airport (Lucknow) achieved the highest-ever volume of 700 tonnes in March 2024.