Kempegowda International Airport -Devanahalli, Bangalore Karnataka,India - New

AviationNepal 2024-03-24

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Kempegowda International Airport |Devanahalli, Bangalore Karnataka,India | New

Kempegowda International Airport (IATA: BLR, ICAO: VOBL) is an international airport serving Bangalore, the capital of Karnataka, India. Spread over 4,000 acres (1,600 ha), it is located about 30 kilometres (19 mi) north of the city near the suburb of Devanahalli. It is owned and operated by Bengaluru International Airport Limited (BIAL), a public–private consortium. The airport opened in May 2008 as an alternative to increased congestion at HAL Airport, the original primary commercial airport serving the city. It is named after Kempe Gowda I, the founder of Bangalore. Kempegowda International Airport became Karnataka's first fully solar powered airport, developed by CleanMax Solar.

The airport is the third-busiest airport by passenger traffic, air traffic movements and domestic and total cargo handled in India,behind the airports in Delhi and Mumbai, and is the 29th busiest airport in Asia. In the FY 2021–22, the airport handled around 16.2 million passengers and 411,550 tonnes (453,660 short tons) of cargo. The airport offers connecting flights to all six inhabited continents, and direct flights to five of them.

The airport has two passenger terminals that handles both domestic and international operations, and two runways, the second of which was commissioned on 6 December 2019. The second terminal was inaugurated by Prime Minister Narendra Modi in December 2022 and began domestic operations in January 2023, with all international operations being moved to the new terminal in September 2023.There is also a cargo village and three cargo terminals. The airport serves as a hub for AIX Connect, Alliance Air, Go First, IndiGo, Star Air and DHL Aviation and is a focus city for Air India and SpiceJet.

The airport is owned and operated by Bengaluru International Airport Limited (BIAL), a public limited company. The Government of India has granted BIAL the right to operate the airport for 30 years, with the option to continue for another 30 years. The company is a public–private consortium venture. GVK initially owned 43% of the shares in Bangalore Airport. In 2016, GVK decided to divest its 33% share of in BIAL to Fairfax Financial for ₹2149 cr. In March 2017, GVK confirmed having done so.

Finally, in January 2018, GVK decided to sell the remaining 10% shares to Fairfax Financial for ₹1,290 crore and exit Bangalore Airport completely.

26% is held by government entities Karnataka State Industrial Investment and Development Corporation (13%) and Airports Authority of India (13%), and 74% is held by private companies Fairfax Financial (54%) and Siemens Project Ventures (20%).

In March 2021 the Airports Authority of India announced their plans to sell their 13% stake in order to raise funds. Between FY 2022–2025, the government aims to raise as much as ₹20,782 crore through aviation. The process will start with the selling of stakes of Bangalore Airport followed by Hyder

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