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About US

 

Kannur International Airport Limited 

Kannur International Airport Ltd is an Unlisted Public Company promoted by Government of Kerala, to build and operate airport of International standards at Mattannur, Kannur Dist, the northern part of Kerala, primarily to cater the need of large NRI population in the region who travel frequently to various international destinations, the flourishing business community and tourists. The area is of immense tourist potential and attracts both domestic and international tourists.

The authorized capital of the Company is Rs. 1,500 Cr, and the current paid up capital is Rs. 1,065 Cr. At present, the equity structure of the Company is as follows:

  • 32.86 % by Government of Kerala
  • 22.54 % by State and Central Public Sector Undertakings
  • 9.39 % by Airports Authority of India
  • 35.21 % by others, including QIBs, Individuals, Companies, Cooperative, Banks/Societies,   and other legal entities as approved by the Board of Directors from time to time.

 

The Airport Project 

This will be the second greenfield airport in Kerala, being built on Public Private Partnership model in an area of about 2,000 acres. Land is acquired by the State Government through KINFRA, the Nodal Agency, and will be transferred to the Company in a phased manner. Almost 95% of the construction work of the airport has been completed.

Orientation of the runway is 7/25, and the runway length of 3050 metre has been completed. This will be extended to 4000 metres in future. Passenger Terminal Building, measuring about 97,000 square metres, is in the final stages of completion.

Kannur International Airport will be operational in 2018, becoming the 4th international airport in Kerala, the only State in the country to have 4 international airports. As per the Information Memorandum prepared by SBI CAPS, the airport is expected to have an approximate annual traffic of 1.65 million international and 0.16 million domestic passengers in FY 2018-19.