AAI back on profitable runway; reports Rs 3,400 profit in 2022-23 fiscal

AAI back on profitable runway; reports Rs 3,400 profit in 2022-23 fiscal

Airports Authority of India (AAI) is back in the black, raking in a profit of Rs 3,400 crore in the fiscal ended March as surging domestic air traffic boosted its financial performance, according to a source.

AAI has reported a profit for the first time after the coronavirus pandemic that had significantly impacted air traffic and the aviation sector as a whole.