Friday, December 29, 2006

CIAL air traffic up by 38 per cent

Kochi: The Cochin International Airport Ltd. (CIAL) has recorded a sharp growth in passenger traffic and revenue earnings even as it has charted out a Rs 5000 crore expansion and modernization plan.
At the 12 th AGM of the company held here, Chief Minister V.S.Achutanandan, who is also the chairman of the company, said considering the impressive growth in passenger and aircraft movement, the concept of developing an airport city around the airport appeared to be feasible.
The total passenger traffic for the April-November 2006 period showed a 38.25 % rise over the same period in the previous year. The domestic sector recorded a growth of 59.19 % while passenger traffic in the international sector went up by 26 %. The total aircraft movement shot up by 49.08 % to 19,557 during the period from 13,118 in the corresponding period of the previous year, according to CIAL MD S.Bharath.
28/12/06 Economic Times
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