IndiGo, Air India fight steep UDF hikes at Navi Mumbai, Noida airports
Carriers oppose Adani-led NMIAL's ₹620 domestic UDF and Noida's ₹653 FY27 fee, with hikes of 41-45% through FY31. Higher fares risk denting traffic at greenfield hubs already battling slowing FY26 pax growth of 1.3% versus 7% trend, threatening airport-retail footfall as new terminals ramp.
What happened
Navi Mumbai International Airport · IndiGo and Air India oppose steep UDF hikes proposed by Adani's Navi Mumbai and Noida airports, warning higher fees will
Key facts
- NMIAL UDF ₹620 domestic departure
- 20% FY28 hike, ~45% over FY26
- NIA ₹653 FY27, +41% by FY31
- NMIAL investment ₹17,920 cr
- NIA phase-1 ₹11,200 cr
- FY26 domestic pax growth 1.3% vs 7%
Why this matters
Reassess greenfield airport retail JV terms and MAG floors at NMIAL and Noida given regulatory fee inflation that could delay breakeven and weaken bargaining leverage with concessionaires.