Although Mumbai will become the first city in the country to have two operational airports, their combined capacity will still fall short, compared to airports in certain other cities in neighbouring countries. Together, the two airports in Mumbai will have a capacity to handle 50 million passengers a year by 2015. Phase one of the new airport will handle 10 million passengers, a figure that will expand to 40 million by 2030 at an investment of Rs 9,970 crore.
Industry players say the second airport will be saturated in about 25 years after it starts operations and by then, there may be no land available in Mumbai for a third airport. The new airport will be constructed in public private partnership model with Cidco and Airports Authority of India each having 13% stake.