KIA has its highest ever passenger traffic figures of 37.53 mn flyers for fiscal 2024

New routes

 FY ‘24 saw the launch of several new airlines and routes, including Air India Express, Alliance Air, and Fly91 on the domestic front while Manta Air, Maldivian Airlines, and Thai Lion Air, contributing to enhanced international connectivity. Internationally, new routes to Munich, Dhaalu, Phuket and Denpasar have been introduced.

In addition, Virgin Atlantic started daily flights from Bengaluru to London Heathrow the last week of March 2024. On the domestic front, it has expanded its routes to destinations such as Salem, Shivamogga, Aurangabad, Jharsuguda, Ayodhya, Hirasar Rajkot, Nanded and Sindhudurg.

 Cargo Growth:

 Cargo recorded a total throughput of 439,524 metric tonnes in FY ’24, reflecting a notable 7.1% increase from the preceding financial year. International tonnage reached 266,186 metric tonnes, exhibiting a 4% growth over the previous year, while domestic tonnage totalled 173,338 metric tonnes, a 13% rise in comparison to the previous fiscal..

 Cargo continued its growth momentum operating to 33 destinations, as compared to 25 destinations in FY 23. Serving as a vital gateway, BLR Cargo facilitated exports to top international destinations with significant growth in export commodities such as agri perishables, machinery parts, and pharmaceutical products. The top five destinations for exports include LEJ (Leipzig/Halle), CGN (Cologne Bonn), ORD (Chicago O’Hare), DXB (Dubai), and SIN (Singapore Changi).

 Another freighter, Oman Air Cargo started operations from December 2023.

 In May 2023, BLR Airport achieved a significant milestone with the successful completion of India’s most notable brownfield cargo transition. As part of this transition, the cargo terminals are now mainly managed by Menzies Aviation (Bengaluru) Private Limited (MABPL), and WFS (Bengaluru) Pvt Ltd. Additionally, a new Domestic Cargo Terminal project initiated by MABPL is under progress and will be operational within the next year.

Furthermore, Air India SATS Airport Services (AISATS) has undertaken the development, financing, operation, and maintenance of a new greenfield logistics park for a period of 15 years. The 370,000 sq. ft park will feature Grade-A warehouse space with facilities like cold storage and custom-bonded warehouses.

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