Bangalore International Airport Ltd (BIAL) over the past two years is facing a puzzle — the forecast on the number of flyers is not matching.
While the airport had projected a growth rate of 32 per cent in 2013, it is growing at close to 40 per cent.
The saturation of Delhi and Mumbai airports has forced airlines to grow out of Bangalore. IndiGo, the largest Indian carrier, has more than 100 departures and both full service carrier Jet Airways and Vistara is eyeing Bangalore as their alternative hub. The airport needed to create more infrastructure for this growth.
“Space is becoming premium.