Kannur International Airport Unlisted Shares
About Company

Kannur International Airport Ltd is an Unlisted Public Company promoted by Government of Kerala, to build and operate the airport on international standards, primarily to cater to the travelling needs of the 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 Airport Project
This is the second greenfield airport in Kerala, built on Public Private Partnership model in an area of about 2,300 acres. Land has been acquired by the State Government through KINFRA, the Nodal Agency, and is being transferred to the Company in a phased manner.  Construction of the airport has been completed.
Orientation of the runway is 7/25, and the runway length of 3050 metres has been completed. This will be extended to 4000 metres in the near future. Passenger Terminal Building, measuring over 97,000 square metres, has also been completed and fully equipped.
Kannur International Airport started its commercial operations on 9 December 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.

Overview

Kannur International Airport is the second greenfield airport setup in the Public Private Partnership (PPP) model in the civil aviation infrastructure sector in Kerala.
The airport development has been planned in phases on a modular basis to suit future requirements and also to minimize the initial investment, so as to generate revenue at the earliest possible time.
This prestigious greenfield airport project is at Mattannur, in the Kannur district of Kerala State. It is just 20 kms away from Kannur city, and 2 kms from Mattannur on the Kannur – Mattannur – Mysore road.
The airport is strategically located with easy access from NH-17 and SH-30 & 36. The airport is situated equidistant from Thalassery and Kannur Railway Stations, and the nearest railway line is the main line from Kanyakumari to Mumbai.

Objectives

-To provide an international gateway to the North Malabar region with state-of-the art facilities to support safe, efficient and cost-effective travel for foreign tourists and ‘non-resident’ Indians from Kerala, as well as domestic passengers.

-To act as an air cargo hub for the Malabar region.

-To
provide a host of commercial, trade promotion and industrial activities
that can generate employment opportunities, provide avenues for trade in
traditional products to affluent markets in the Gulf and Europe, and
open new vistas in the field of IT & ICT.

-To promote beach, pilgrimage and health tourism.

-To transform the North Malabar region into a highly developed growth centre for travel, tourism and industries




































































Unlisted Shares Details


Name
Kannur Interntional Airport Limited
Face Value
10₹
ISIN
INE02Y401013
PAN
AADCK8494N


Financial Performance

All Figures in Lakhs unless specifically mentioned

Particulars
2017-18
2018-19
Total Income
342.61
1907.70
Total Expenses
1324.55
9767.40
Net Profit/(Loss)
(990.68)
(4696.26)
EPS(in ₹)
(0.95)
(4.28)



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