Fairfax stake in Bengaluru Airport not for sale: Prem Watsa

Prem Watsa ruled out sale of stakes in Bangalore International Airport Ltd (BIAL), telling ET he has big plans for it and calling the facility the “best airport in the world.”

Its second terminal was inaugurated on November 11 by Prime Minister Narendra Modi.

“Fairfax’s stake in Bangalore airport is not for sale,” said Watsa, chairman of the $90-billion Toronto-headquartered Fairfax Financial Holdings. “News reports claiming we are selling the airport are wrong.”