Belagavi airport which is run by the Airports Authority of India (AAI) have incurred a loss of Rs. 34.39 Crores from 2010-11 to 2013-14. For the same period Hubballi airport incurred a loss of Rs.19.65 Crores, Mangluru Rs.88.48 Crores, Mysuru Rs.47.48 Crores.
In 2010-11 Belagavi airport incurred a loss of Rs.9.05 Crores
In 2011-12 Belagavi airport incurred a loss of Rs.9.24 Crores
In 2012-13 Belagavi airport incurred a loss of Rs.9.27 Crores
In 2013-14 Belagavi airport incurred a loss of Rs.6.83 Crores
The main reason for the losses is not enough air traffic to fetch revenues as per the AAI report.
To get Instant and Live updates from AllAboutBelgaum please save this number 73386 16624 and send a msg on WhatsApp START AAB.
 have incurred a loss of Rs. 34.39 Crores from 2010-11 to 2013-14.){kind=link}
Yes… its incurring losses, but u can see the trend.. losses are decreasing year by year….