Kempegowda International Airport Bengaluru (BLR Airport) 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 BLR Airport for a 60-year concession period.

Fairfax India Holdings Corporation (the parent company of majority private promoters) plays a key role in accelerating BLR Airport’s growth and transformation. Private promoters hold a 74% stake in Bangalore International Airport Limited (BIAL) — (Anchorage Infrastructure Investments Holdings Limited: 43.64% and FIH Mauritius Investments LTD: 30.36%), while the Government (Karnataka State Industrial & Infrastructure Development Corporation Limited: 13%; Airports Authority of India: 13%) holds the remaining 26%.

As the busiest airport in South India and the third largest in the country, BLR Airport closed Calendar Year (CY) 2024 with more than 40.7 million passengers and processed 496,227 metric tonnes of cargo. In cargo operations, the airport has maintained its position as the No. 1 airport for processing perishable cargo in India for the fourth consecutive year.