Tiruchy International Airport nets Rs 50 crore in FY 2022-23

Meanwhile, as the airport needs to acquire about 512 acres of land for runway expansion, MP Thirunavukkarasar said efforts are on to expedite land acquisition process.

Published: 08th January 2023 05:19 AM  |   Last Updated: 08th January 2023 05:19 AM   |  A+A-

Tiruchy MP Su Thirunavukkarasar taking part in meeting held by Airport Advisory Committee on Saturday | m k ashok kumar

Express News Service

TIRUCHY: The Tiruchy International Airport netted a profit of `50 crore in the financial year of 2022-23, MP Si Thirunavukkarasar told reporters on the sidelines of a meeting held by the Airport Advisory Committee to assess the services at the airport on Saturday.

"We are one of the airports that registers high turnovers in the country. The airport has been witnessing high footfall; therefore, we anticipate more income in the coming months. Also, the works for the new terminal would be completed by June this year," said MP Thirunavukkarasar said.

Extension of air connectivity to major cities, including Delhi, Mumbai, Kochi and other international destinations from the airport was under discussion during the meeting. Of now, the airport's service spans Kuwait, Singapore, Sharjah, Malaysia, Sri Lanka, Dubai, Doha, Muscat and Abu Dhabi. In the domestic sector, the airport offers connectivity to Chennai, Bengaluru and Hyderabad.

Meanwhile, as the airport needs to acquire about 512 acres of land for runway expansion, MP Thirunavukkarasar said efforts are on to expedite land acquisition process. Out of the 512 acres of land, 312 acres, including wetlands and private lands, falls under state government limits.

"I have already objected to the privatisation plan of the Tiruchy International Airport in the Parliament. The airport is the eleventh best performing airport in the country and the second largest airport in the state. It recorded a footfall of about three lakh passengers last year and we expect it to spiral up in the coming months. Unfortunately, the centre is trying to privatise and we would continue to object this move."

Similarly, the airport handles close to 600 tons of cargo every month. In August 2022, the airport handled about 726 tons of cargo. However, the rate slumped in the coming month due to delay in the issuance of GST refunds, affecting the business of small-scale exporters as roughly `5 lakh gets delayed for over two to three months. When TNIE raised this issue, Thirunavukkarasar said it would be taken up with the central government.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp