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Cochin International Airport Limited AGM approves 55% dividend to shareholders, launches aviation consultancy services

CIAL recorded a total revenue of ₹1,220 crore and a profit of ₹502 crore during the financial year 2025-26

Cochin International Airport Limited AGM approves 55% dividend to shareholders, launches aviation consultancy services

At the 32nd Annual General Meeting of Cochin International Airport Limited (CIAL), the directors recommended a 55% dividend to shareholders. During the financial year 2025-26, CIAL achieved total revenue of ₹1,220 crore and a profit of ₹502 crore. The airport handled 73,134 aircraft movements and 1.14 crore passengers. Chief Minister V.D.

Satheesan announced that CIAL would leverage its expertise in airport development and operations to offer aviation consultancy services to airports and aviation stakeholders across the country. CIAL will provide services under a new division, CIAL ACES, covering various aspects such as airport planning, runway development, cargo operations, ground handling, and commercial activities.

The first project for CIAL ACES is the passenger verification system at Durgapur Airport in West Bengal. Additionally, CIAL will develop the airport into a multimodal logistics hub, establish a Global Convention Centre in association with the airport, expand revenue-generation opportunities, and enhance passenger experience through advanced technologies.

The Chief Minister inaugurated CIAL ACES and CIAL's Bridge Mounted Equipment (BME) service, which provides free electricity to aircraft parked at the airport, marking the first such service in India.

Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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