Business Standard

CIAL to have new International terminal

Press Trust of India  |  Kochi 

The tendering process for the facility will commence in January, Managing Director V J Kurien told reporters.

The facility would have a built up area of over 15 lakh square feet to handle about 10 million passengers each year. The passenger demand upto 2025 will be taken care of by the new facility.

Kurien said the airport company--Cochin International Airport Ltd-- would either go for borrowing or float IPO to raise funds.

The CIAL board, which is meeting here on December 20, is likely to take a decision in this regard.

The terminal will have 15 parking bays with full aerobridge connectivity. Fiftysix check-in-counters with provision for 28 more, duty free shopping space of over 10,000 square feet and four premium lounges for first and business class passengers and food courts are also on the anvil.

  

RECOMMENDED FOR YOU

CIAL to have new International terminal

A new Rs 450 crore state-of-the-art International terminal, which would be able to handle about 4000 incoming and outgoing passengers during peak hours, is to be set up at nearby Nedumbassery airport.

The tendering process for the facility will commence in January, Managing Director V J Kurien told reporters.

The facility would have a built up area of over 15 lakh square feet to handle about 10 million passengers each year. The passenger demand upto 2025 will be taken care of by the new facility.

Kurien said the airport company--Cochin International Airport Ltd-- would either go for borrowing or float IPO to raise funds.

The CIAL board, which is meeting here on December 20, is likely to take a decision in this regard.

The terminal will have 15 parking bays with full aerobridge connectivity. Fiftysix check-in-counters with provision for 28 more, duty free shopping space of over 10,000 square feet and four premium lounges for first and business class passengers and food courts are also on the anvil.

  
image
Business Standard
177 22

CIAL to have new International terminal

The tendering process for the facility will commence in January, Managing Director V J Kurien told reporters.

The facility would have a built up area of over 15 lakh square feet to handle about 10 million passengers each year. The passenger demand upto 2025 will be taken care of by the new facility.

Kurien said the airport company--Cochin International Airport Ltd-- would either go for borrowing or float IPO to raise funds.

The CIAL board, which is meeting here on December 20, is likely to take a decision in this regard.

The terminal will have 15 parking bays with full aerobridge connectivity. Fiftysix check-in-counters with provision for 28 more, duty free shopping space of over 10,000 square feet and four premium lounges for first and business class passengers and food courts are also on the anvil.

  

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard