Kochi's Cochin International Airport Limited (CIAL), the fourth busiest airport in India for international travel, is gearing up for a new phase of growth. As India braces for a surge in domestic air travel, CIAL plans to expand its facilities and enhance connectivity, aiming to position Kochi as a regional hub by 2034.
S Suhas, the managing director of CIAL, outlined the airport's strategic plans: "Our goal is to transform Kochi airport into the premier gateway for tourists exploring South India. We intend to capitalize on Kerala's tourism potential and work closely with airlines to expand both domestic and international routes." CIAL's vision includes developing strong partnerships with airlines to enhance connectivity and solidify its position as a regional hub over the next decade.
Following a thorough analysis of economic indicators, tourism data, and traffic projections, CIAL has identified key projects for both short and long-term development. After successfully expanding the international terminal, T-3, the focus will shift to enlarging the domestic terminal, T-1. The current 600,000 square foot terminal will be expanded by an additional 180,000 square feet, increasing capacity to accommodate more domestic flights.
The anticipated boom in domestic air travel is a key driver behind these expansion plans. With the domestic travel sector growing at a compound annual growth rate (CAGR) of over 16%, CIAL is preparing for a significant shift in the aviation landscape. The current ratio of domestic to international travelers is expected to change from 40:60 to 55:45. With Indian airlines like IndiGo and Air India placing large orders for new aircraft, CIAL is proactively enhancing its infrastructure to meet the rising demand for domestic flights and aircraft parking.
In the fiscal year 2023-24, Kochi airport handled 70,203 aircraft movements, operated by 25 airlines, and served a record 10.53 million passengers. This milestone marks the highest passenger volume in the airport's history, surpassing the 10 million passenger mark for the first time.