GMR Airports has announced a significant development for its subsidiary, GMR Hyderabad International Airport Limited (GHIAL). The Airports Economic Regulatory Authority of India (AERA) has approved GHIAL's request to maintain consistent aeronautical charges for the Rajiv Gandhi International Airport in Hyderabad throughout the fiscal year 2025-26.

Tariff Consistency Approval

AERA issued an amendment on October 31, 2025, allowing GHIAL to collect aeronautical charges at the same rates for the entire FY2025-26. This decision extends the rates that were previously applicable from April 1, 2025, to December 31, 2025, through the final quarter of the fiscal year (January 1, 2026, to March 31, 2026).

Background and Implications

The original tariff determination order, issued by AERA in August 2021, had set slightly lower rates for the final quarter of FY2025-26 compared to the preceding quarters. This new amendment ensures consistency in the following charges throughout the fiscal year:

• Landing charges
• Parking charges
• User Development Fees (UDF)

Regulatory Transparency

As part of its commitment to transparency, GMR Airports has made the relevant AERA orders publicly accessible:

• The amendment order dated October 31, 2025, is available at: https://aera.gov.in/uploads/airports/17619812247569.pdf
• The original tariff determination order dated August 31, 2021, can be found at: aera.gov.in/uploads/airports/16466584108771.pdf (relevant pages: 297 to 300)

This regulatory update demonstrates the ongoing dialogue between airport operators and regulatory authorities in managing aeronautical charges, which play a crucial role in airport economics and passenger costs.

The consistency in tariff rates throughout FY2025-26 may provide more stability for both the airport operator and airlines in their financial planning and operations at Rajiv Gandhi International Airport, Hyderabad.

GMR Airports Limited , a leading airport operator in India, has released its traffic data for September 2025, revealing a mixed performance across its airport portfolio. The company's flagship Delhi Airport experienced a decline, while Hyderabad Airport showed growth, and the newer Mopa (Goa) Airport demonstrated strong expansion.

Key Performance Highlights

Delhi Airport Performance

Delhi Airport, India's largest, handled 5.84 million passengers in September 2025, marking a 6.3% decrease compared to the same month last year. GMR Airports attributed this decline to temporary disruptions caused by geopolitical events and runway upgrades. However, the enhanced Runway 10/28 reopened on September 16, 2025, which is expected to improve efficiency and potentially boost traffic in the coming months.

For the first half of fiscal year 2026, Delhi Airport served approximately 36.66 million passengers, representing a 4.3% decrease year-over-year. Despite this decline, the airport remains resilient, with the total passenger decrease equivalent to about one week's typical traffic.

Hyderabad Airport's Record Performance

Hyderabad Airport demonstrated strong growth, serving 2.39 million passengers in September 2025, a 4.3% increase year-over-year. The airport achieved several milestones in H1 FY2026:

• Highest-ever passenger traffic and aircraft movements
• Crossed the 12.5 million domestic passenger milestone
• Total passenger traffic reached 15.38 million, up 11.3% year-over-year

Mopa (Goa) Airport's Rapid Growth

The relatively new Mopa Airport in Goa showed impressive growth, handling 392,344 passengers in September 2025, a 17.3% increase year-over-year. For H1 FY2026, the airport served 2.36 million passengers, growing by 8.1% compared to the same period last year.

International Operations

GMR Airports' international operations showed mixed results:

• Medan Airport (Indonesia) experienced an 11.4% decline in September 2025, with 542,436 passengers.
• Cebu Airport (Philippines) saw a slight decrease of 2.3%, handling 775,895 passengers in September 2025.

Cargo Operations

Delhi Airport maintained its position as India's largest cargo handling airport, processing a record 0.56 million metric tonnes in H1 FY2026, a 2.8% increase year-over-year.

Looking Ahead

GMR Airports remains optimistic about future growth, citing several factors that could positively impact traffic:

1. The reopening of Delhi Airport's enhanced Runway 10/28 on September 16, 2025
2. The upcoming operationalization of Delhi Airport's upgraded Terminal 2 on October 26, 2025
3. Continued strong performance at Hyderabad Airport
4. Rapid growth at Mopa (Goa) Airport

As air travel continues to recover and stabilize post-pandemic, GMR Airports is well-positioned to capitalize on the growing demand for air transportation across its diverse portfolio of airports.