The ongoing financial crisis in Sri Lanka has provided one more business opportunity to Kerala with many airlines operating from Sri Lanka now dependent on Kerala airports—mostly the Thiruvananthapuram international airport—for refuelling.
Since last week of May, the technical landing for refuelling brought in additional revenue of around Rs 1 lakh per flight to the airport operators, while the state government got revenue from the tax on aviation turbine fuel (ATF). The state government had reduced the tax on ATF to five percent for international carriers in a bid to attract more flights for refuelling.
