Monday 10 September 2012

New terminal design gets Cochin International Airport Limited approval

KOCHI: The director board of Cochin International Airport Limited(Cial) on Saturday approved the design of the proposed Rs 600 crore international terminal.

The two-level terminal, which is expected to be completed in four years, will have a capacity to handle 10 million passengers.

The terminal will also have a capacity to handle 4,000 passengers during peak hour. It will be equipped with the most modern facilities and will have 15 aerobridges.

The airport has been recording 12-13% annual growth in passenger traffic and the design has been made with a view to meet projected passenger flow up to 2030.

Earlier addressing the annual general meeting (AGM)
chief minister Oommen Chandy, who is also the chairman of Cial, said efforts would be made to accommodate the demand of the minority shareholders on rights issue.

Legally there are some constraints in meeting their demand to allocate rights issue at face value. However, the government would still explore ways to meet this demand, Chandy said.
http://timesofindia.indiatimes.com/city/kochi/New-terminal-design-gets-Cochin-International-Airport-Limited-approval/articleshow/16329701.cms

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