Noida Airport Opening Pushed Back The development of Delhi's second airport, a high-profile project, has been delayed for four months. This adds to India's airline capacity problems after a record aircraft order. Commercial operations will now begin in April 2025. By Priyal Dutta 26 Jun 2024 in Aviation Travel New Update Zurich Airport owns NIAL and won the contract to build the airport in 2019, 18 years after it was initially proposed by then-Uttar Pradesh Chief Minister Rajnath Singh Listen to this article 0.75x 1x 1.5x 00:00 / 00:00 Follow Us Share Noida Airport Launch Delayed The construction of Delhi's second airport, a high-profile project, has been delayed by four months. This adds to India's airline capacity constraints following a record aircraft order. The concession agreement requires Zurich Airport to pay the Yamuna Expressway Industrial Development Authority 0.1 percent of the performance security for every day of delay Commercial operations will now commence in April 2025, four months later than the planned timetable of the end of 2023, according to a representative for Noida International Airport Limited (NIAL), the firm building the airport. NIAL is owned by Zurich Airport, which won the bid to build the airport in 2019, 18 years after then-Uttar Pradesh Chief Minister Rajnath Singh first proposed it. Once completed, it will provide an alternative to Delhi's Indira Gandhi International Airport, easing its heavy and rising traffic load, and will be India's and Asia's largest airport Indian airlines are suffering capacity constraints at urban airports. The two new airports in Noida and Navi Mumbai are expected to increase capacity, alleviating pressure on airlines that have ordered over 1,200 aircraft in the last year. According to Noida International Airport Limited (NIAL) officials, Yamuna International Airport Pvt Ltd (YIAPL) extended the completion date without consulting NIAL, resulting in a warning being sent to the firm on Monday According to the concession agreement, Zurich Airport must pay the Yamuna Expressway Industrial Development Authority (YEIDA)—the airport's owner—0.1 percent of the performance security for each day of delay. The Uttar Pradesh administration has previously stated that the amount is approximately Rs 10 lakh. YEIDA officials said that Uttar Pradesh Chief Secretary Durga Shanker Mishra is organizing a meeting next week to decide on the future steps. #Airport #Delhi #Noida Airport #NIAL #Zurich Airport #Yamuna Expressway Industrial Development Authority #YEIDA #Noida International Airport Limited Subscribe to our Newsletter! Be the first to get exclusive offers and the latest news Subscribe Now Related Articles Latest Stories Read the Next Article