Monday, June 10, 2024 Adani Airport Holdings Limited (AAHL) had a standout FY 2023-24 with record cargo volumes, prestigious awards, and strategic expansions. In fiscal year 2023-2024, Adani Airport Holdings Limited (AAHL) successfully managed an exceptional one million tonnes of air freight, marking a significant accomplishment. This achievement highlights AAHL’s strong operational prowess and its strategic expansion in the aviation sector.
Demonstrating robust growth, AAHL processed an impressive 1,013,115 metric tonnes of cargo in FY 2023-24, securing a commanding 30.1% share of the market. This reflects a substantial 7% year-over-year growth from the previous fiscal year’s total of 944,912 metric tonnes.
During this period, the bulk of AAHL’s cargo operations were international, with international shipments constituting 65% of the total cargo. This emphasizes AAHL’s effectiveness in global logistics and its solid domestic operations. The volume of international cargo reached 662,258 metric tonnes, marking a significant 9% year-over-year increase from the prior year’s 606,348 metric tonnes.
AAHL’s cargo handling operations were centered around key commodities such as automobiles, pharmaceuticals, perishable goods, electrical/electronic items, and engineering products. These were adeptly managed at several major airports including Mumbai’s Chhatrapati Shivaji Maharaj International Airport, Ahmedabad’s Sardar Vallabhbhai Patel International Airport, Lucknow�.
