CIAL duty free shop records 30% growth in turnover

Kochi: The duty free shop operated by Cochin International Airport Ltd has registered a 30 per cent growth in its sales turnover to Rs 97 crore for FY 12. The turnover for the previous financial year was Rs 73.36 crore.
Mr V.J. Kurian, managing director, CIAL, said the improved performance has come on the back of keen focus maintained in enhancing non-aeronautic revenue of the airport.
The company has from the beginning focused on non-aeronautic revenue and has initiated a slew of measures to drive growth through sources such as duty free shop, lease for shopping space inside and outside the terminals, convention centre, MRO services, he said.
Around 2.59 million international passengers (arriving and departing) travelled through CIAL during the last financial year. The growth in international passengers was around 10 per cent compared with the previous year, he added.
17/05/12 Business Line

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Categories: airports May 2012