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(Source: The Financial Express)

World’s fastest growing! Delhi’s IGI airport now among 20 busiest airports in the world

The Indira Gandhi International Airport (IGIA) in New Delhi, which is one of the fastest growing major airports over the last four years, is now on the list of the 20 busiest airports in the world, as per an internal report by Delhi International Airport Limited (DIAL), states HT.

Last year, the IGIA registered a 12.3% growth in passenger traffic as against 21% in 2016.

According to DIAL, it was expected and also predicted that the passenger traffic will reach 95 million in the year 2023 because the airport’s expansion plan is on schedule.

As per the data based from Airports Council International (ACI), the global body that is responsible to monitor airport traffic, Delhi airport’s compound annual growth rate (CAGR) between the years 2014 and 2017 is 14.3%, which is the highest among airports handling minimum 40 million passengers per annum, ahead of Incheon airport in South Korea (10.5%), Pudong Shanghai airport in China (10.4%), and Dubai airport in UAE (7.4%).

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