Mumbai-based Travel Food Services (TFS), a major operator of airport quick-service restaurants (QSRs) and lounges, expects traffic momentum to recover strongly in the second half of FY26 and is confident of surpassing last year’s performance despite a weaker first half.

Speaking to CNBC-TV18, Varun Kapur, MD & CEO of Travel Food Services , said the business has navigated an unusual slowdown in passenger traffic triggered by geopolitical tensions and the Air India crash earlier this year.

“We saw a bit of a slowdown… passenger degrowth in some parts. But from October and November we are clearly seeing momentum coming back,” he said.

TFS delivered 25% growth last year. With the current run-rate of ₹3,000–3,300 crore for FY25 and a 20% CAGR assumption, Kapur said that reaching ₹4,000–₹4,

See Full Page