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The Hindu
17-05-2025
- Business
- The Hindu
Kempegowda International Airport in Bengaluru records its first-ever profit since inception
Kempegowda International Airport (KIA) in Bengaluru has reported a record profit for the first time since its inception. The announcement came following a board meeting of the Bangalore International Airport Limited (BIAL) held on May 16, chaired by Chief Secretary Shalini Rajneesh, who is also the BIAL Chairperson. In a release, BIAL highlighted the achievement as 'a major turning point.' The record profit reflects a strong financial turnaround and positions BLR Airport for continued progress, it added. Level 5 Accreditation As of May 5, 2024, BLR Airport became the first airport in Asia to earn Level 5 Accreditation under the Airports Council International (ACI) Airport Carbon Accreditation programme. This top-tier certification recognises an impressive 95.6% reduction in Scope 1 and 2 greenhouse gas emissions, enabling the airport to reach net-zero emissions in those categories a full seven years ahead of its 2030 target, the release said. BLR Airport was awarded the Silver Award in ACI's Green Airports Recognition 2025, under the theme 'Sustainable Energy at Airports' in the 15-38 million passenger category. This marks the fourth straight year the airport has received sustainability recognition from ACI.
Hindustan Times
17-05-2025
- Business
- Hindustan Times
Bengaluru Airport achieves record profit for the first time since its inception
Kempegowda International Airport Bengaluru (BLR Airport) has achieved a significant financial milestone, recording its first-ever profit since its inception. According to news agency PTI, the announcement came following a board meeting of the Bangalore International Airport Limited (BIAL) held on May 16, chaired by Shalini Rajneesh, Chief Secretary to the Government of Karnataka and BIAL Chairperson. In a press release, BIAL highlighted the achievement as a major turning point, underscoring the airport's strategic growth, sustainability initiatives, and operational excellence. The record profit reflects a strong financial turnaround and positions BLR Airport for continued progress. (Also Read: Bengaluru MP Tejasvi Surya pushes for high-speed rail link between Bengaluru and Mumbai: Report) Alongside its financial success, BLR Airport has also garnered several prestigious global honors in 2025, reinforcing its status as a frontrunner in safe and sustainable airport operations worldwide, the report added. (Also Read: From ₹2.4 LPA to ₹1 crore before 30: Bengaluru techie shares his journey to financial freedom) Most notably, as of May 5, 2024, BLR Airport became the first airport in Asia to earn Level 5 Accreditation under the Airports Council International (ACI) Airport Carbon Accreditation programme. This top-tier certification recognizes an impressive 95.6 per cent reduction in Scope 1 and 2 greenhouse gas emissions, enabling the airport to reach net-zero emissions in those categories a full seven years ahead of its 2030 target. (Also Read: Bengaluru resident fined over ₹15,000 for keeping shoe rack in apartment corridor) Further demonstrating its environmental leadership, BLR Airport was awarded the Silver Award in ACI's Green Airports Recognition 2025, under the theme 'Sustainable Energy at Airports' in the 15-38 million passenger category. This marks the fourth straight year the airport has received sustainability recognition from ACI. (Also Read: Karnataka's first inter-city metro line may connect Bengaluru to Tumakuru: Report)
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Business Standard
17-05-2025
- Business
- Business Standard
Kempegowda Airport posts record profit for first time since inception
Kempegowda International Airport Bengaluru has reported a record profit for the first time since its inception, signifying a robust financial turnaround, according to the BIAL sources. The Bangalore International Airport Authority (BIAL) held its board meeting on May 16, presided over by its Chairperson and Chief Secretary to the Government of Karnataka, Shalini Rajneesh, a press statement said. "The meeting marked a historic milestone as Kempegowda International Airport Bengaluru (BLR Airport) reported a record profit for the first time since its inception, signifying a robust financial turnaround and a testament to the airport's strategic growth, sustainability initiatives, and operational excellence," the statement added. In addition to its strong financial performance, BLR Airport has earned multiple prestigious global recognitions in 2025, further cementing its position as a leader in sustainable and safe airport operations worldwide, it said. According to the statement, BLR Airport became the first airport in Asia to achieve Level 5 Accreditation under ACI's Airport Carbon Accreditation programme, effective May 5, 2024. This distinction celebrates an outstanding 95.6 per cent reduction in Scope 1 and 2 greenhouse gas emissions, with the airport achieving net-zero status (Scope 1 and 2) a full seven years ahead of its 2030 target, it said. "In the environmental category, the airport also received the Silver Award in the ACI Green Airports Recognition 2025 under the 'Sustainable Energy at Airports' theme for the 15-38 million passenger category. This marks the fourth consecutive year that BLR Airport has been recognised for its sustainability leadership," it stated.
Business Mayor
17-05-2025
- Business
- Business Mayor
Bengaluru's Kempegowda International Airport achieves record profit for the first time since its inception
Kempegowda International Airport Bengaluru has reported a record profit for the first time since its inception, signifying a robust financial turnaround, according to the BIAL sources. The Bangalore International Airport Authority (BIAL) held its board meeting on May 16, presided over by its Chairperson and Chief Secretary to the Government of Karnataka, Shalini Rajneesh, a press statement said. 'The meeting marked a historic milestone as Kempegowda International Airport Bengaluru (BLR Airport) reported a record profit for the first time since its inception, signifying a robust financial turnaround and a testament to the airport's strategic growth, sustainability initiatives, and operational excellence,' the statement added. In addition to its strong financial performance, BLR Airport has earned multiple prestigious global recognitions in 2025, further cementing its position as a leader in sustainable and safe airport operations worldwide, it said. According to the statement, BLR Airport became the first airport in Asia to achieve Level 5 Accreditation under ACI's Airport Carbon Accreditation programme, effective May 5, 2024. This distinction celebrates an outstanding 95.6% reduction in Scope 1 and 2 greenhouse gas emissions, with the airport achieving net-zero status (Scope 1 and 2) a full seven years ahead of its 2030 target, it said. 'In the environmental category, the airport also received the Silver Award in the ACI Green Airports Recognition 2025 under the 'Sustainable Energy at Airports' theme for the 15-38 million passenger category. This marks the fourth consecutive year that BLR Airport has been recognised for its sustainability leadership,' it stated. READ SOURCE
