KOCHI: The Cochin International Airport Ltd (CIAL) has witnessed a drastic revenue loss from an average of Rs 50 crore to Rs 8 crore per month in the financial year that ended on March 31, becoming one of the worst-affected airports in the country. Officials attribute the declining revenues to the reduction of aircraft operation from 142 to just 30 (10 international and 20 domestic per day) and the number of passengers reduced from 10 million to almost half that number in the year 2020-21.
The passenger load factor was 140 for 180 capacity per flight during pre-Covid times, whereas now it has been reduced to 60.
