Belagavi airport incurred losses of 34 crores over 4 years

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belagavi

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.

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Belgaum Airport Terminal

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.

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