Thursday, July 11, 2013

Bangalore Airport looks to woo domestic airlines to set up hub

Bangalore: The GVK Group-led Bangalore International Airport (BIAL) is talking to Indian carriers to create their secondary hub in Bangalore, in a bid to have a home base carrier after Kingfisher Airlines stopped operations last year. The airport, India’s third busiest in terms of domestic traffic, expects to complete its terminal expansion this year, increasing its current capacity by over 60% to handle nearly 20
million passengers a year.
The Vijay Mallya-controlled Kingfisher Airlines (KFA) was one of the largest carriers operating out of BIA and the grounding of the airline in October 2012 impacted operations at the airport. But that has been compensated with the increased domestic movement by competitors such as Indigo Airlines, Jet Airways-Jet Lite and Spice Jet, said GV Sanjay Reddy, vice-chairman of GVK Power and Infrastructure. Reddy is also managing director of the Bangalore International Airport (BIAL), the company that runs the airport.
“For any airport to grow, it needs a hub-spoke model.
12/07/13 Ajay Sukumaran/Financial Express
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