In South India only Chennai and Calicut airports made profit last year

Chennai: Chennai airport was the most profitable among the nine airports in the South under the Airports Authority of India (AAI) that were in the black in 2008-09. In a written reply to Parliament last week, the Minister for Civil Aviation, Mr Praful Patel, said that Chennai airport reported a profit of Rs 399.18 crore in 2008-09.
Calicut airport was the only other airport with the AAI in southern India which reported a profit, notching up Rs 20.73 crore in 2008-09, bettering its Rs 11.51-crore profit reported the previous year. The airport had recorded a profit of Rs 18.79 crore in 2006-07.
Coimbatore airport reported a marginal loss of about Rs 5 lakh in 2008-09 although it had reported profits of Rs 9.84 crore in 2007-08 and Rs 6.27 crore in 2006-07.
The Minister's reply shows that Bangalore airport, which was earlier with AAI but is currently with a private consortium, reported a loss of Rs 12.55 crore in 2008-09, though it had reported profits in the preceding two years.
29/11/10 Ashwini Phadnis/Business Line

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Categories: Airports Nov 2010