Bangalore airport's second runway to be operational next year: BIAL

Image
Press Trust of India New Delhi
Last Updated : Apr 10 2018 | 8:00 PM IST

BIAL, the operator of Bangalore international airport, today said the second runway is expected to be operational next year and the new terminal by 2021.

It also announced registering record passenger growth to 26.91 million in the last financial year.

The aerodrome is operated by Bangalore International Airport Ltd (BIAL), in which Fairfax holds 54 per cent stake while that of Siemens Projects Ventures is 20 per cent. Karnataka State Industrial & Infrastructure Development Corp Ltd and Airports Authority of India (AAI) have 13 per cent shareholding each in the venture.

"Work on the second runway and design approvals for Terminal 2 (T2) began in 2017. Construction is scheduled to begin during the middle of 2018, with the second runway operational by 2019 and T2 by 2021," a release issued by BIAL said today.

T2 would be constructed in two phases. In the first phase, the terminal would be able to handle 25 million passengers annually and the capacity would be increased to have 20 million more fliers.

"It is estimated that on completion of both phases of T2, BLR Airport's overall capacity would reach the 65 million mark," it noted.

The airport handled 26.91 million passengers in 2017-18, an increase of 17.6 per cent compared to the year-ago period. It had handled 22.88 million passengers in 2016-17, the release said.

Last financial year, the number of air traffic movements grew 10.8 per cent to 1,97,330 while the cargo handled increased little over 9 per cent to 3,48,403 metric tonnes.

According to the release, the airport witnessed the highest ever passenger movement on February 19, 2018 with a record 91,339 travellers passing through the aerodrome on a single day, the release said.

"2017-18 was a significant year for the Kempegowda International Airport, Bengaluru as we saw robust growth in both passenger traffic, air traffic and cargo throughput, resulting in record numbers," BIAL Managing Director and CEO Hari Marar said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2018 | 8:00 PM IST

Next Story