Kempegowda International Airport earns AAA rating, plans ₹16,000 crore investment to boost capacity to 80M passengers, with 10-11% growth projected in FY2025.

Kempegowda International Airport in Bengaluru (BLR Airport) has secured a distinguished AAA rating with a stable outlook, underscoring its robust financial health and promising growth trajectory. The airport is gearing up for a projected 10-11% surge in passenger traffic in the coming fiscal year and has committed an investment of ₹16,000 crores to expand its capacity to accommodate 80 million passengers annually. This development will be achieved through the expansion of Terminal 2 and significant infrastructure upgrades.

The AAA rating, awarded by ICRA Ltd, India Ratings and Research Pvt Ltd, and Crisil Ratings Ltd, reflects BLR Airport’s operational efficiency, rising passenger traffic, and sustained revenue growth. The airport’s strategic initiatives and diversified income streams further solidify its position as a key player in the aviation sector.

Passenger Growth Projections: BLR Airport anticipates an increase in passenger traffic to 41-42 million in FY2025, up from 37.5 million in FY2024, marking a significant milestone in its operational success.

Extended Concession Agreement: The extension of BIAL’s concession agreement until 2068 enhances its long-term financial stability and operational flexibility.

To meet growing demand, BIAL plans to invest ₹16,000 crores between FY2025 and FY2029. These funds will be allocated to expanding Terminal 2, upgrading infrastructure, and implementing other strategic projects, ensuring the airport’s capacity aligns with future demands.

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