Thiruvananthapuram: Dirty Trivandrum Airport Rs 726 Crore as a user development costs in six years; But the collection fell 82% in the past two years, according to the numbers presented in parliament in the ongoing session.
In accordance with data, between 2014-15 and 2020-21, the airport trivandrum income from the user development costs (UDF) peaked from RS 58 Crore in 2014-15 to RS 194.86 Crore in 2018-19; Record more than 200% growth.
However, the collection then dropped to RS 34.02 Crore 2020-21.
Trivandrum recorded an increase in astronomy and fell in UDF when income from UDF for Calical Airport from 2017-18 to 2020-21 never crossed 100 crores for each fiscal.
The sharp decline in income from UDF for Trivandrum airport in 2020-21 was mainly due to covid restrictions when flights were canceled.
However, even if the fall is expected, according to the airport user consultation committee.
“Large income from UDF was recorded mostly during the pre-Covid era and the period was marked by efforts to bring more flights.
In 2019, news about privatization appeared and followed by a decrease in passenger and covid steps added to the crisis.” Never have been good for the airport To only depend on user development costs as the main source of income.
Task-free shops also closed around 2017, “said Raghuchandran Nair, Chairperson, Airport User Consulting Committee and Advisory Committee members.
The UDF Trivandrum collection is always seen as the main reason for its negative growth.
The airport records the loss of Rs 100 Crore in 2020-21.
Between 2018- 19 and 2019-20, Trivandrum Profitability Dipped by 20% and in the next fiscal, mainly due to the impact of Covid, recorded the loss of 100.31 crores.
“User development costs in Trivandrum are around RS 550 for domestic and 1,200 Rs for international passengers which are the cause Main negative growth.
“Cochin Airport does not have UDF.
Over the years, this is an income that makes the flying flag with claims that Trivandrum airport gets profit,” added Raghuchandran Nair.
A statement presented in Parliament earlier this year showed that the profitability of Trivandrum airport fell above 50% in the last three fiscal.
Statement that shows the wise advantage of the airport from 2017-18 to 2019-20 shows that Trivandrum airport profits are dipped from Rs 141.87 Crore in 2017-18 to RS 64.41 Crore in 2019-20 marking 55%.
“There have been 40% of passenger shifts to Kochi from Trivandrum.
One of the main reasons is the lack of shopping facilities and closing of a custom duty store.
There must be a new revenue path to increase the profitability of the airport,” said Raghuchandran Nair.
Trivandrum Airport damages RS 726 Crore as a user development costs in 6 years
