History
Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport), named after founder of the City – Hiriya Kempegowda – has the unique distinction of being the first Greenfield Airport in India, established on a Public-Private Partnership (PPP) model. This heralded a revolution in Indian aviation, as more airports in the Country were privatised, thereafter.
In January 2001, Bangalore International Airport Limited (BIAL), formed under the Companies Act, 1956, was incorporated to build, own and operate KIAB for a 30-year concession period. Private promoters hold a 74% stake (Fairfax India Holdings: 54% and Siemens Projects Ventures: 20%), while the Government (Karnataka State Industrial & Infrastructure Development Corporation Limited: 13%, Airports Authority of India: 13%) hold the remaining 26%.
BLR Airport commenced operations on May 24, 2008 – 33 months from the start of construction. The expansion of the Terminal was completed in 2014 to cater to the steady, unprecedented growth in passenger volumes.
Having served 10 million passengers in 2008, KIAB witnessed phenomenal growth during the subsequent years, becoming the fastest growing airport in the world in 2018. KIAB concluded Calendar Year 2019 with 33.65 million passengers.
Backed with state-of-the-art technology at KIAB, 36 passenger airlines connect Bengaluru to 82 destinations. In addition, 14 cargo airlines connect Bengaluru to key markets around the world.
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History |
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The Kempegowda International Airport, Bengaluru (KIAB/ BLR Airport), named after the founder of the City – Hiriya Kempegowda, is the first Greenfield Airport in India, established on a Public-Private Partnership (PPP) model. This heralded a revolution in Indian aviation, as more airports in the Country were privatised thereafter.
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In January 2001, Bangalore International Airport Limited (BIAL), formed under the Companies Act, was incorporated to build, own and operate KIAB for a 30 years concession period. In 2020, the concession period was extended for another 30 years, until 2068.
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Private promoters hold a 74% stake (Fairfax India Holdings: 54% and Siemens Projects Ventures: 20%) while the Government (Karnataka State Industrial & Infrastructure Development Corporation Limited: 13%, Airports Authority of India: 13%) holds the remaining 26%.
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BLR Airport commenced operations on May 24, 2008 – 33 months from the start of construction. The expansion of the Terminal was completed in 2014 to cater to the steady, unprecedented growth in passenger volumes.
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Having served 10 million passengers in 2008, KIAB witnessed phenomenal growth, becoming the fastest growing Airport in the world in 2018. KIAB finished the Calendar Year 2019 with 33.65 million passengers.
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