Chandigarh International Airport

What Chandigarh International Airport does

Chandigarh International Airport Limited (CHIAL) operates Shaheed Bhagat Singh International Airport (IATA: IXC), a 306-acre, state-of-the-art air transportation facility located in Mohali, Punjab, India, that has been operational since 19 October 2015. The company is structured as a joint venture under the Companies Act, 1956, with Airports Authority of India (AAI) holding 51% equity, the Punjab Government through Greater Mohali Area Development Authority (GMADA) holding 24.5%, and the Haryana Government through Haryana Shahari Vikas Pradhikaran (HSVP) holding 24.5%. The asset comprises a 53,000 sqm terminal building with annual passenger capacity of 4.5 million and peak-hour throughput of 1,600 passengers across 575 domestic incoming, 575 domestic outgoing, 225 international incoming, and 225 international outgoing passengers.

The terminal is equipped with 48 check-in counters, 10 aircraft parking stands fitted with an indigenously developed Smart VDGS (Visual Docking Guidance System), DVOR/VOR DME navigation aids, an ILS currently being upgraded from CAT I to CAT II, fire-fighting and night-landing facilities, an isolation bay, Digi Yatra biometric passenger processing, self check-in kiosks, and a dedicated cargo apron supporting 2C-type aircraft. CHIAL connects the Chandigarh Tricity catchment (Punjab, Haryana, Himachal Pradesh, and the union territory) to approximately 18 domestic destinations (including Delhi, Mumbai, Bangalore, Hyderabad, Kolkata, Jaipur, Srinagar, Leh, Goa) and two international destinations (Abu Dhabi, Dubai) through partnerships with IndiGo, Air India, Air India Express, Alliance Air, and Pawan Hans.

CHIAL monetizes the asset through four primary revenue streams: (1) airport operations encompassing passenger fees, landing charges, parking fees, cargo handling, and retail and F&B concession income; (2) parking services for cars, buses, coaches, trucks, and two-wheelers at published tiered rates; (3) cargo handling at the dedicated cargo apron; and (4) leasing of airport land and property to airlines, ground handlers, and commercial tenants. Go-to-market is direct-to-consumer via the physical terminal, the official website (chial.org), a call center (0172-2242431), and airline-side distribution through GDS integration. The company also operates an Airline Incentive Scheme to recruit carriers onto new and currently unserved routes. A declared ₹39.55 Crore interim dividend for FY 2025-26 indicates the operation is profitably cash-generative within its fixed-cost envelope.

Name

Chandigarh International Airport

Legal name

Chandigarh International Airport Limited

Website

https://chial.org

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

Chandigarh International Airport Limited (CHIAL) operates Shaheed Bhagat Singh International Airport (IXC) in Mohali, Punjab, as a joint venture between AAI (51%) and the Punjab and Haryana state governments (24.5% each), serving passengers across Punjab, Haryana, Himachal Pradesh, and Chandigarh with 4.5 million annual passenger capacity and connections to ~18 domestic and 2 international destinations.

Ownership category

akta.pro rank

Headquarters

HQ city

Mohali

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Airport Operations: Revenue generated from airport operations including passenger fees, landing charges, parking fees, cargo handling, and retail/concession income from shops, food & beverage outlets, and other commercial spaces within the terminal.
2. Parking Services: Parking charges for vehicles including cars, buses, coaches, trucks, and two-wheelers at terminal area and outside terminal areas.
3. Cargo Operations: Cargo handling services at the dedicated cargo apron with 2C type aircraft capacity.
4. Land/Property Lease: Income from leasing airport land and property to airlines, ground handlers, and retail operators.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Chandigarh International Airport Limited operates and maintains the Shaheed Bhagat Singh International Airport (IXC) at Mohali, Punjab — a 53,000 sqm terminal facility with 4.5 million annual passenger capacity. It provides airport operations including passenger processing, baggage handling, aircraft parking guidance (Smart VDGS), cargo handling at a dedicated cargo apron, aviation navigation aids (ILS CAT I/II, DVOR), parking for cars and buses, ground transportation, retail and F&B concessions, and an Airline Incentive Scheme to attract new domestic and international routes.

Product overview

Chandigarh International Airport Limited (CHIAL) operates Shaheed Bhagat Singh International Airport (IXC) as a joint venture between Airports Authority of India (51%), Punjab Government through GMADA (24.5%), and Haryana Government through HSVP (24.5%). The airport, located in Mohali, Punjab, has been operational since October 19, 2015, featuring a 53,000 sqm terminal with capacity for 1,600 peak-hour passengers and 4.5 million annual passengers. CHIAL provides a comprehensive suite of passenger services including terminal operations, check-in facilities, Digi Yatra biometric processing, lost and found, meet and assist, parking, and ground transportation. The airport serves multiple domestic destinations (Ahmedabad, Bangalore, Delhi, Hyderabad, Indore, Jaipur, Shimla, Goa, Lucknow, Patna, Dharamshala, Hisar, Kolkata, Kullu, Leh, Mumbai, Pune, Srinagar) and international destinations (Abu Dhabi, Dubai). CHIAL partners with airlines including IndiGo, Air India, Alliance Air, Pawan Hans, and Air India Express. Technical infrastructure includes Smart VDGS for aircraft parking guidance, advanced navigation aids (DVOR/VOR, ILS CAT I/II), and environmental management systems.

Differentiator

Problem solved

Functional benefit

Products and services

• Shaheed Bhagat Singh International Airport Terminal The main international airport terminal at Mohali, Punjab — operational since 19 October 2015, spanning 53,000 sqm with capacity to handle 1,600 passengers at peak hours and 4.5 million annually, serving airlines, business travellers, tourists, NRIs, and residents of Punjab, Haryana and Himachal Pradesh.
• Passenger Terminal Operations Comprehensive terminal operations including domestic and international departure/arrival gates, 48 check-in counters, Digi Yatra biometric facility, self check-in kiosks, FIDS/PA system, medical inspection room, and accessibility services. Available to all passengers and airlines using Chandigarh International Airport.
• Airport Parking Services Parking facilities with capacity for 500 cars and 10 buses outside the terminal area, with tiered unit-based pricing for cars, two-wheelers, buses, coaches, trucks, tempos, SUVs and mini-buses. Available to all airport passengers and visitors.
• Ground Transportation Services Car rental, general taxi service, inter-state bus service from ISBT terminals, and inter-state taxi/car service connecting the airport to Chandigarh and surrounding cities. Available to arriving and departing passengers.
• Airline Partner Services Operational and terminal support services delivered to airline partners including IndiGo, Air India, Air India Express, Alliance Air, and Pawan Hans — covering check-in counters, parking stands, ground handling integration, and airline inquiry support.
• Cargo Handling Operations Cargo handling services at the dedicated cargo apron designed for 2C type aircraft, supporting freight airlines and cargo operators moving goods through Chandigarh International Airport.
• Airline Incentive Scheme CHIAL's commercial incentive scheme designed to promote new and unserved domestic and international routes from Chandigarh International Airport, offered to commercial airlines as a route-development programme.
• Terminal Concession Spaces (Retail, F&B and Ground Handling Leases) Leased commercial space within the terminal for retail outlets, food and beverage operators, and ground handling companies — operated by CHIAL on licensing terms with airlines, ground handlers, and retail/F&B tenants.

Quantifiable outcome

• Annual capacity of 4.5 million passengers with peak hour handling of 1600 passengers
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Chitkara UniversityminorStrategic or Co-development Partner · 23 March 2025CHIAL conducted a Leadership Development Program for its executives in collaboration with Chitkara University as part of the MoU performance parameters for the year 2025-26.
• Airports Authority of India (AAI)coreStrategic or Co-development Partner · 19 October 2015Airports Authority of India holds 51% equity stake in CHIAL as the majority shareholder. AAI is responsible for creating, upgrading, maintaining, and managing civil aviation infrastructure in India. The joint venture was incorporated under Companies Act, 1956 to develop, operate and maintain Chandigarh International Airport.
• Greater Mohali Area Development Authority (GMADA)coreStrategic or Co-development Partner · 19 October 2015GMADA, representing Punjab Government, holds 24.50% equity stake in CHIAL. Contributes to airport development through land allocation and regional development planning for the Mohali area.
• Haryana Shahari Vikas Pradhikaran (HSVP)coreStrategic or Co-development Partner · 19 October 2015HSVP, representing Haryana Government, holds 24.50% equity stake in CHIAL. Contributes to airport development serving the Haryana region population alongside Punjab.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Delhi International Airport Limited (DIAL): Operates Indira Gandhi International Airport, India's busiest. Comparable as a publicly-relevant Indian airport operator running terminal, cargo, parking, and aero/non-aero revenue streams, though at much larger scale.
• Mumbai International Airport Limited (MIAL): Operates Chhatrapati Shivaji Maharaj International Airport. Comparable business model as a JV airport operator running domestic and international terminals, parking, F&B, and cargo services.
• Bangalore International Airport Limited (BIAL): Operates Kempegowda International Airport. Comparable as an Indian JV-style airport operator offering full passenger, cargo, parking, and commercial services with a similar revenue mix.
• Cochin International Airport Limited (CIAL): Operates Cochin International Airport, a similar mid-sized Indian public airport. Closest scale and operating model comparable, including government-influenced ownership, terminal operations, and airline incentive programs.
• GMR Hyderabad International Airport Limited (GHIAL): Operates Rajiv Gandhi International Airport. Comparable as an Indian airport operator offering domestic/international passenger handling, parking, cargo, and commercial concessions, larger in scale than CHIAL.

Broad incumbents

• Adani Airport Holdings Limited: Operates multiple Indian airports including Ahmedabad, Lucknow, Mangalore, Jaipur, Guwahati, and Trivandrum under a portfolio model. Comparable as a large-scale Indian airport operator running similar terminal, parking, and concession revenue streams.
• Airports Authority of India (AAI): Government body operating 100+ Indian airports and majority shareholder of CHIAL. Closely comparable as an airport operator/manager but at national scale with broader portfolio mandate.
• GMR Airports Limited: Operates Delhi and Hyderabad airports and holds interests in other airports. Comparable as a multi-airport Indian operator running passenger terminals, cargo, parking, and commercial businesses.

Regional players

• Amritsar International Airport: Operates Sri Guru Ram Dass Jee International Airport in Punjab. Comparable as a North Indian regional airport with overlapping Punjab catchment, similar international routes (mainly Gulf), and AAI involvement.
• Jaipur International Airport: Operated by Adani Airports in Rajasthan. Comparable as a North Indian Tier-2 regional airport serving state capital traffic with similar domestic connectivity profile to CHIAL.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ixcairport
• Facebookfacebook.com/Airport.Chandigarh
• LinkedInlinkedin.com/company/chandigarh-international-airport-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Chandigarh International Airport