Kannur International Airport Limited Unlisted Shares

The Keralan government is the patron of Kannur International Airport Limited (KIAL), a publicly traded corporation. The company’s main goal is to build and run an international-standard airport in Kannur that can serve the travel needs of a vibrant and varied populace. The airport is specifically built to service the local business sector, a growing number of visitors drawn to the area by its natural beauty and rich cultural legacy, and a significant number of non-resident Indians (NRIs) from Kerala.

The airport, which was constructed using the Public-Private Partnership (PPP) model, is Kerala’s second greenfield airport and was formally put into service on December 9, 2018. Kannur International Airport, the state’s fourth international airport, is essential to improving connectivity between northern Kerala and nearby states like Tamil Nadu and Karnataka. It is a noteworthy infrastructure project that supports the expansion of the local economy and tourism industry.

Divisions of Businesses

 The airport operations section of Kannur International Airport Limited is principally responsible for the following areas of operation:

 Passenger Services: Both domestic and foreign travelers use the airport as a hub. In order to give travelers a seamless experience, it manages a variety of services like check-in, luggage handling, lounges, and other amenities.

 Cargo Services: KIAL offers logistics and cargo handling services in addition to passenger services. By facilitating effective imports and exports for regional companies and industries, this division promotes commerce and business.

Tourism & Hospitality: Northern Kerala’s tourism is enhanced by the airport’s advantageous position. By making the area more accessible to both domestic and foreign travelers, who are attracted by the area’s picturesque scenery, rich cultural legacy, and vibrant festivals, the airport helps the local tourism sector.

 Business Attempts:

 Additionally, KIAL oversees the management of the airport’s commercial areas, which include eateries, shops, and other services. This complements the airport’s overall business plan and creates new revenue streams..