It is named after the famous Indian tribal freedom fighter, Birsa Munda, and is currently managed by the Airports Authority of India.

[8] The new integrated passenger terminal building at the airport was inaugurated by the then civil aviation minister Ajit Singh on 24 March 2013.

[10] In March 2013, the tax on aviation turbine fuel sold at the airport was reduced from 20% to 4% to attract more airlines to the city.

[18][19] Though footfall of the passengers have gone up over the years, the airport is yet acquire an international tag for want of additional infrastructure like extended runway, runway strip extension, extra parking bays, an isolation bay, spacious terminal building and more aerobridges to qualify as international airport.

Therefore signing of a long-pending Memorandum of Understanding (MoU) between Airport Authority of India and Jharkhand Government for transfer of 303.62 acre land taken place on 27 June 2022.

Officials of the Civil Aviation Department said that the State Government would also expand its hangar on the Birsa Munda airport campus to facilitate parking of extra planes and helicopters.