The airport continues to be weighed down by high overheads and mounting debt obligations.
The audit also highlighted unresolved legacy infrastructure issues, including a security building complex project that began in 2013 with an initial cost of Rs.18.7 million but remained incomplete by the end of 2024, more than a decade later.
As the government moves to restructure the airport’s business model through a proposed public-private partnership, the priority is expected to be curbing persistent losses that have cost taxpayers billions each year, while attempting to shed the airport’s long-standing “white elephant” label.
