The Hindu Business Line : Mangalore airport posts Rs 7.5-cr profit

Mangalore, April 5 Mangalore airport, a major non-metro airport in Karnataka, has made an operating profit of Rs 7.5 crore during 2008-09 as against the operating profit of Rs 8.61 crore for 2007-08.

The airport, which recorded a loss of Rs 2.83 crore in 2005-06, made an operating profit of Rs 83 lakh in 2006-07.

Mr M.R. Vasudeva, former Airport Director of Mangalore Airport and present Airport Director of Coimbatore Airport, revealed this at a meeting organised by Kanara Chamber of Commerce and Industry (KCCI) in Mangalore on Saturday. He was accorded a farewell by KCCI on the occasion.

The operation of international flights from Mangalore, which began in October 2006, has contributed to the growth of Mangalore Airport, he said.

Malaysia-based Air Asia has shown interest to operate flights to Mangalore either from Singapore or Kuala Lumpur, he added.

Passenger load

Speaking on the occasion, Mr Srinivas S. Kamath, President of KCCI, said that the airport, which was handling around 2.5 lakh passengers a year a few years ago, is now handling more than 7.5 lakh passengers.

He hoped that the numbers may reach 1.5 million passengers after the commissioning of the integrated terminal building at the airport.

The new terminal building would reduce the distance between the city and the airport by 8 km, he said, and added that more than 70 per cent of the work on the building has been completed.

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