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As part of the airport development program, a passenger train service was launched between the Airport and Colombo Secretariat Station, in June 2010. On, the Sri Lankan Government shifted military aviation operations out of the space adjoining the airport to SLAF Hingurakgoda, thus paving the way for the expansion of civilian operations. Construction of the new Stage II, Phase II Expansion Project is expected to commence in April 2017 and is expected to be completed by 2020. A new terminal with an additional eight gates are proposed to be built under Stage II of the Phase II Expansion Project. A pier with eight aero-bridges opened in November 2005. Airport expansion projects have recently been undertaken at the airport under the Stage 1, Phase II Expansion Project. In the early 1990s the position of the airport's runway (04/22) was shifted northward and the old runway was made into a taxiway for departing and arriving aircraft. The Boeing 747-200B was operated by Condor carrying German tourists from Frankfurt. On 7 November 1971, the first Boeing 747 landed at the airport. It was renamed Katunayake International Airport in 1977, but was changed back to Bandaranaike International Airport in 1995. It was named after former Prime Minister SWRD Bandaranaike, in 1970. The airport was completed in 1967, and Air Ceylon, the national carrier, began international operations from it using a Hawker Siddeley Trident and a leased British Overseas Airways Corporation (BOAC) British Aircraft Corporation (BAC) VC-10. In 1964 Anil Moonesinghe, the Minister of Communications, started the building of a new international airport to replace Ratmalana, with Canadian aid. Bandaranaike removed all the British Military airfields from Ceylon (Sri Lanka), and the airfield was handed over to the Royal Ceylon Air Force (RCyAF) and renamed Katunayake part of it still remains a military airfield. The airport began as a Royal Air Force airfield in 1944 during the Second World War, RAF Negombo with No. 7.1 Formations based at SLAF Katunayake.

Mediaportal schedules direct force download