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India Aviation arrow CIAL to invest USD790 million in next five years.

CIAL to invest USD790 million in next five years.

01-Jan-2007
Airport Code [COK]  View More KOCHI News
CIAL to invest USD790 million in next five years.
Cochin International Airport Ltd announced plans to invest USD790 million over the next five years to construct an aviation academy, maintenance and hangar unit, hotels, an IT park and a golf course.

Meanwhile, CIAL announced passenger traffic for the six months ended 30-Nov-06 increased by 38.5% (International +26.0%, Domestic +59.2%). Duty free sales rose 37.5% in the period to USD41 million.