Led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank, the funding package will be used to retire $400 million in legacy debt and deploy the remainder toward capital expenditure at six key airports—Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram—and to expand non-aeronautical revenue streams including retail, duty-free, and F&B operations.
“This funding round reflects the strong confidence of global financial institutions in the future of India’s aviation sector and our role in shaping it,” said Arun Bansal, CEO of AAHL. “Our focus remains on delivering exceptional customer experiences, embracing technology for operational efficiency, and prioritising sustainability.”
AAHL handled 94 million passengers in FY25, with a total capacity of 110 million. The company now targets a threefold increase, aiming for 300 million passengers annually by 2040. A significant boost to this vision will come from the imminent launch of Navi Mumbai International Airport, which will add 20 million passengers in its first phase and scale up to 90 million in phases.