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  3. Kannur International Airport Ltd – Record 15 Lakh Passenger Traffic in …

Kannur International Airport Ltd – Record 15 Lakh Passenger Traffic in 2025

12 Jan 2026

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Key Takeaways
  • Kannur Airport's strong passenger growth, financial profitability, and infrastructure upgrades position it as a viable second-tier regional gateway in Kerala; sustained traffic will depend on airline capacity additions (Air India Express summer resumption, Fly 91, Air Kerala entry) and competitive pricing against established Cochin and Thiruvananthapuram airports

  • Kannur Airport's strong passenger growth, financial profitability, and infrastructure upgrades position it as a viable second-tier regional gateway in Kerala; sustained traffic will depend on airline capacity additions (Air India Express summer resumption, Fly 91, Air Kerala entry) and competitive pricing against established Cochin and Thiruvananthapuram airports

Kannur International Airport Unlisted Shares

Kannur International Airport

-6.72%

Expert Analysis

Expert Analysis:

  • Kannur International Airport handled 15 lakh passengers in 2025, the highest annual footfall since operations commenced, representing 16% YoY growth and surpassing the pre-COVID peak of 14.7 lakh passengers in 2019 by 3%, signalling sustained recovery and strong regional demand.

  • International traffic drove growth with 10.51 lakh passengers (15% YoY increase), while domestic traffic surged 21% to 4.58 lakh passengers; Abu Dhabi, Doha, Dubai, Sharjah, and Bengaluru emerged as the busiest routes, reflecting strong Gulf connectivity and key domestic hub linkages. 

  • Air Indian Express and IndiGo collectively operated 100% of passenger traffic with 53% and 47% market shares respectively, indicating a duopoly operational model and limited competitive diversity in Kannur's route network.

  • Kannur International Airport Ltd reported 23% financial growth over the prior financial year and achieved operational profitability for the past six months, with revenues covering operations and finance costs; upcoming capacity enhancements include Category 1 approach lighting system, solar power plant, and proposed services by Fly 91 and Air Kerala.

Publisher:The Hindu