Flood woes: Cochin airport's operational losses at Rs 3 billion

The devastating floods in August have resulted in a loss of Rs 3 billion for Cochin International Airport Ltd (CIAL). 

The airport administration is formulating a plan to ensure that such disasters do not hamper its operations in future.

“Our estimates are that the operational and material losses to the airport due to the floods are around Rs 3 billion. A detailed survey is under way for insurance claims,” said a senior official from CIAL. The operations of the airport was suspended for more than a fortnight, from August 15, as the water from the nearby river inundated the runway.

CIAL has resumed