Special cover on Cochin International Airport Limited-CIAL

Special cover on Cochin International Airport Limited-CIAL

Cochin International Airport is the first green field airport in the country built with public-private partnership .Planned and constructed from scratch, the airport has been acclaimed for setting a novel idea in infrastructure development. The astonishing public participation, relentless support from NRIs and an effective leadership have made CIAL, the company that built and operates the airport, an international brand. Its also the first airport in the world fully powered by solar energy.

The company showcases a sustainable business model which always adheres to people, community and culture. The balance sheet also is sound as the profit ratio exceeds 35%. It is now the only airport in Kerala, which handled five million passengers a year.Ever since commercial operations started on 10th June 1999 with International flight to Dammam.,CIAL, has grown rapidly becoming the 4th largest International Airport in India in terms of international passenger traffic in just four years.

CIAL recorded a cumulative annual growth rate of nearly 20% in the initial 8 years and thereafter at 12% with annual passenger traffic touching 7.7 million in 2015-16. The airport handled 8.9 million passengers during 2016-17 and the weekly aircraft movements stand around 1200. For the first time in its history, the passenger volume for a single financial year (2017-18) touched 10 million on 28th March 2018.

There are 24 airline companies operate from the airport today, which facilitates direct connectivities to GCC, Sri Lanka, Singapore, Thailand and Malaysia. The MRO facility by CIASL, a fully owned subsidiary of CIAL, has obtained certifications from DGCA,-India, GCAA-UAE; SLCAA-Sri Lanka and is providing engineering services to Sri Lankan Airlines, Etihad, Gulf Air etc.

This special cover released on 24-10-2019.