Transcript COCHIN INTERNATIONAL AIRPORT LTD (CIAL) A PATH BREAKER IN INDIAN AVIATION HISTORY Cochin International Airport Ltd – The History Cochin’s commercial, cultural.

COCHIN INTERNATIONAL AIRPORT LTD (CIAL) A PATH BREAKER IN INDIAN AVIATION HISTORY
Cochin International Airport Ltd – The History
Cochin’s commercial, cultural & tourist importance, its highest emigration rate, growing metro status and a
burning desire of the Non Resident Keralites for a direct international flight from their homeland and back
prompted the development of an international airport at Cochin.
Naval airport located near the city on Willington Island could not be developed to handle larger aircrafts due
to various constraints such as
It was a Defense airport & Restrictions for Night Operations
Runway inadequate for operation of larger aircrafts and Geographic Limitations for Airport Expansion
Unidirectional operation due to the presence of permanent obstacles
Formation of CIAL
A Public Limited Company “Cochin International Airport Limited (CIAL)
was Registered on 30th March 1994 with the following promoters
1.
2.
3.
4.
5.
6.
7.
Kochi International Airport Society
Cochin Chamber of Commerce & Industry
Ernakulam Chamber of Commerce
Indian Chamber of Commerce & Industry
Sri R Madhavan Nayar, Industrialist
Sri C V Jacob, Industrialist
Sri B Govinda Rao, Investor, Hospitality Sector
CIAL Capital Structure -1999
The Total Airport Project was proposed to complete in two phases and the revised estimated total cost of the project as on 31.03.1995 was Rs.289
Crores and the financing for the project is shown below
Financial Institutions who Offered Term Loan to
CIAL for Airport Construction
Equity Participation as on 31.03.1999 (Rs in Crores)
TOTAL
i. Government of Kerala and Public
32.45
Sector undertakings
ii. Non-Resident Indians and Others
24.30
iii. Airport Service Providers
21.25
----------TOTAL
78.00
---------Interest free deposits:
i. M/s.Indian Oil Corporation ( 1995 )
ii. M/s.Thomas Cook ( 1999 )
iii M/s.Air India (1999 )
iv. M/s.Alpha Retail – Duty Free Shop ( 2001 )
v. Retail outlets ( 1999 )
TOTAL
Date
0.75
0.50
11.00
10.00
2.75
----------25.00
----------11000 investors
from 30 countries
Amount
(Crs)
25.03.1995
HUDCO
98
19.12.1997
Federal Bank
24.69
26.12.1998
SBT
25
In return for the support extended by the Donors &
Subscribers of the Interest Free Loan scheme of KIAS, CIAL
issued to all donors, shares of CIAL for the amount donated
to the company and also issued shares of CIAL for Rs.2500/in the company for all subscribers of IFL Scheme without
collecting any share application money
Additional Equity Infusions
•
First Right Issue 2003-04 at Face Value raising Equity Capital to Rs.147.9 Crores
•
Second Rights Issue 2006-07 at Face value raising Equity Capital to Rs.296 Crores
•
On 16thSeptember 2004 the company had repaid entire loan with HUDCO along with interest, the repayment
was not accepted by HUDCO demanding for 26% equity participation in the company at Face Value
•
Final Settlement between Hudco and CIAL was reached by issuing 1 crore Equity shares at a face value Rs.10
Each on February 2012, which has enhanced the Equity share capital of the company to Rs.306 Crores
Present capital structure
Name of the Shareholders
%
Governor of Kerala
32.2421
Directors, relatives & associates
37.2044
BPCL
3.4307
AIR INDIA
3.2673
HUDCO
3.2673
KSIDC, Plantation, KTDFC, KAMCO
1.7644
Federal Bank Limited
1.9604
Indian Overseas Bank
0.3267
State Bank of Travancore
3.2673
Others
13.2693
TOTAL
100.0000
Share Holding Pattern
State Bank
of
Travancore
Federal
Indian
Bank
Overseas
Limited
Bank
Others
KSIDC,
Plantation,
KTDFC,
KAMCO
HUDCO
Governor of
Kerala
AIR INDIA
BPCL
Directors,
relatives &
associates
Cochin International Airport Ltd – The Land Acquisition Process
Initial Site Condition : 1994
Cochin International Airport Ltd – The Land Acquisition & Rehabilitation Process
•An extent 502.5882 Hectares of land was acquired from about 3850 landowners which included 849 householders
who were evicted and rehabilitated
•Land and houses were valued at market price and that value was given as compensation
•Six Cents of land (240 Sq M) were given free of cost to each family ,whose house were acquired as part of the
rehabilitation package
•Evictees were allowed to dismantle and take all reusable building materials from their acquired houses and a sum
of Rs.10000 was paid towards them for dismantling and related expenses
•Pre Paid Taxi service permits were provided to Land/House evictees as part of rehabilitation package.
•All Civic amenities like bituminous approach roads ,Street lighting, water supply, storm water drainage, Primary
Health Centre were provided in the rehabilitation colony
•CIAL’s unique Rehabilitation Model is a Case Study of World Bank
CIAL- Major Mile Stones
•Cochin International Airport Foundation Stone Laid on 21st August 1994 by Shri. K.Karunakaran, Chief
Minister of Kerala
•Inauguration of Cochin International Airport by His Excellency President of India Shri. K.R.Narayanan on
25th May 1999
•First Commercial Flight operation – Air India’s International flight from Dhahran to Cochin & back on 10th
June 1999
•Declaration of Cochin Airport as International Airport Shri. Sharad Yadav, Civil Aviation Minister (23rd May
2000)
•Foundation Stone laid for International Terminal Expansion on 10th February 2004
•Expanded International Arrival Terminal Inaugurated on 20th August 2005
•Parallel Taxi Track commissioned on 23rd December 2007
•Centre for Perishable Cargo Complex commissioned on 2nd February 2009
•Expanded International Departure Terminal Inauguration on 25th September 2009
•CIAL Golf & Country Club Inauguration on 2nd May 2010
•Inauguration of Trade fare Centre on 2012
Operational Features
 Runway Length: 3400 m
 Runway Width: 45 m + Shoulder 7.5 m (on both sides)
 Runway Orientation: 27/09
 Runway Strength: PCN 60
 Parallel Taxiway: 3400 m
 Domestic Terminal:1.2 Lakh Square Feet & International Terminal:4.78 Lakh
Square Feet
 Instrument Landing System
 Category I Approach Lighting System from Runway 27
 Simple Approach System from Runway 09
 CAT 9 Airport Rescue and Fire Fighting
11
Total Revenue INR Cr
Net Profit INR Cr
306.5
111.00
102.03
275.95
90.00
246.2
77.52
211.6
173.1
59.34
137.3
109.3
110.9
2006
2007
45.98
30.41
2008
2009
2010
2011
2012
2006
2013
36.26
2007
2008
2009
2010
2011
Dividend Distributed to Share Holders (INR Cr)
60.47
51.61
55.06
41.43
34.64
27.71
13.23
2003-04
16.90
16.97
2004-05
2005-06
20.63
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2012
2013
CIAL- Historical Traffic
ATM’s
Cargo Tonnage MT
47216
39168
41172
41544
41141
41081
41538
41391
41091
2010
2011
44352
47900
51732
34157
27068
2008
2008
2009
2010
2011
2012
2013
2009
2012
2013
2014
2014
Total Passenger Traffic (Million)
5.39
3.95
3.34
3.36
2008
2009
2010
4.35
2011
4.72
4.90
2012
2013
2014
13
14
15
Proposed New International Terminal
New international Terminal Building- Design parameters
Parameter
Terminal type
Design capacity
Facility design
Two level terminal with departure at first level and arrival at ground level
4,000 peak hour passenger movements per hour – 2,000 arrival and 2,000 departure
movements
1,50,000 sqm
Terminal area
Estimated time for
Around 36 months
construction
Estimated construction
INR 875 crores
cost
Check-in counters
56 check-in counters with provision for additional 56 check-in counters
Baggage carousels
6 baggage carousels
Boarding gates
15 in - contact gates + 4 remote gates
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LANDSIDE DEPARTURE VIEW: +10.65
18
DEPARTURE PIER VIEW: +10.65
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ARRIVAL PIER VIEW: +5.55
20
ARRIVAL LOBBY VIEW : +0.15
KEYPLAN
21
ARRIVALS BAGGAGE CLAIM AREA
Abode of festivals
CELEBRATING THE HOME COMING
Overall Ambience
Inspired from the famous
KERALA FESTIVAL
THE THRISSUR POORAM
22
ARRIVAL BAGGAGE CLAIM AREA VIEW :
+0.15
23
ARRIVAL MEET & GREET AREA VIEW
24
CIAL’s Green Initiatives
• CIAL Golf & Country club
• Solar Power
• Alternate water source - Recycling
CSR Initiatives
• Drinking water scheme for Neighboring panchayats
Diversification Initiatives
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•
•
•
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MRO facility
Aviation Security Training Institute
Trade Fair Center
SHP(Hydel Power Generation)
Bidding in Airport Privatization-PPP of other Airports
Thank You