CIAL launches aviation consultancy arm CIAL ACES; AGM approves 55% dividend
24 September 2026
Chief Minister V D Satheesan addressed the 32nd Annual General Meeting of Cochin International Airport Limited (CIAL) in Kochi on 24 September 2026.
CIAL launched Aviation Consultancy and Expert Services (ACES), a new division offering airport planning, runway development, cargo, ground handling and commercial services.
The first CIAL ACES project is the passenger verification system at Durgapur Airport in West Bengal.
The AGM approved a 55% dividend to shareholders.
CIAL recorded total revenue of Rs 1,220 crore and a profit of Rs 502 crore in 2025-26, handling 73,134 aircraft movements and 1.14 crore passengers.
The CM also inaugurated the Bridge Mounted Equipment (BME) service that supplies electricity to parked aircraft.
In plain words
CIAL Cochin International Airport Limited — The company that owns and runs the airport at Nedumbassery near Kochi.
ACES Aviation Consultancy and Expert Services — CIAL's new division that sells airport consultancy to other airports.
AGM Annual General Meeting — The yearly meeting at which a company's shareholders approve accounts and dividends.