The Kannur International Airport plans to launch commercial operations on May 24, 2016.
Trial runs are expected to begin in December this year.
Managing Director of Kannur International Airport Ltd G. Chandramouli said here on Saturday that the project had achieved near financial closure.
He was making a presentation on the airport project at the Global NRK Meet 2015, which ended here on Saturday.
The project, involving a capital expenditure of nearly Rs.1,900 crore, has attracted substantial investments from the Airports Authority of India (AAI) and only two per cent of the 16 per cent investments open to the public remained unsubscribed.
Non-Resident Keralites (NoRKs) are expected to use this window of opportunity.
The airport expects its catchment areas to be Coorg and Mysore in Karnataka and the northern districts of Kasaragod, Kannur, Wayanad, and Kozhikode.
18/05/14 The Hindu
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Trial runs are expected to begin in December this year.
Managing Director of Kannur International Airport Ltd G. Chandramouli said here on Saturday that the project had achieved near financial closure.
He was making a presentation on the airport project at the Global NRK Meet 2015, which ended here on Saturday.
The project, involving a capital expenditure of nearly Rs.1,900 crore, has attracted substantial investments from the Airports Authority of India (AAI) and only two per cent of the 16 per cent investments open to the public remained unsubscribed.
Non-Resident Keralites (NoRKs) are expected to use this window of opportunity.
The airport expects its catchment areas to be Coorg and Mysore in Karnataka and the northern districts of Kasaragod, Kannur, Wayanad, and Kozhikode.
18/05/14 The Hindu
