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Zurich Airport to divest most of its shareholding in Bangalore Airport


After a turbulent eight years since its selection as operator and co-investor in the greenfield new Bangalore International Airport, Zurich Airport has announced plans to reduce its stake in Bangalore International Airport Ltd (BIAL) from 17% to just 5%. The stake will be sold to either an existing shareholder or new strategic partner, with the aim of forging a development partnership. [1066 words]

Unlock the following content in this report:


  • Bangalore Airport reports traffic growth for Jul-2009
  • After a disappointing first year – things are looking up
  • Minor expansion works to start in 2010
  • Nortel contract extended

Graphs and data:

  • Bangalore International Airport passenger traffic growth (% change year-on-year): Jul-2008 to Jul-2009
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