Why does IndiGo want lower charges at Mumbai airport? CEO Willie Walsh weighs in on airport investments
A infrastructure development with market-wide reach.
· LiveMint Companies
IndiGo CEO Willie Walsh says Mumbai airport’s per-passenger charges should fall after Terminal 1’s redevelopment increases capacity. He argues airport costs affect fares and airlines’ ability to earn returns, and calls for closer scrutiny of airport investments and their impact across the industry.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
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