Articles tagged “airports”

Asia Was the Driver of Global Aviation Growth in 2017

Asia Was the Driver of Global Aviation Growth in 2017

Kyunghee Park, Bloomberg

Economics and population growth mean that India and China are quickly becoming of the powerhouses of the aviation industry. It won't be too long before more European and North American airports drop out of the top 20.

2 weeks ago

Turkish Airport Builder Limak Investments Considers IPO

Turkish Airport Builder Limak Investments Considers IPO

Mohammed Aly Sergie and Yousef Gamal El-Din, Bloomberg

Building airports is a profitable enterprise, as the Turkish company shows. The problem: Not too many cities other than Istanbul are starting from scratch with new airports.

4 weeks ago

U.S. Aviation Sector Was Penetrated by Russian Hackers in 2017

U.S. Aviation Sector Was Penetrated by Russian Hackers in 2017

Alan Levin, Bloomberg

The specifics on which parts of the U.S. aviation sector were hacked are sparse, although the intrusion doesn't seem to have involved airlines directly. Still, the vulnerabilities are not good news.

1 month ago

Greece Needs More Investment to Have Any Hope of Attracting More Tourists

Greece Needs More Investment to Have Any Hope of Attracting More Tourists

Sotiris Nikas, Bloomberg

Most of all, if Greece wants to attract more tourists, it needs to lower its 13 percent sales tax, and its 24 percent tax at restaurants to be more in line with European standards.

1 month ago

TSA Shifting Focus to Public Areas Outside Security Checkpoints

TSA Shifting Focus to Public Areas Outside Security Checkpoints

Alan Levin, Bloomberg

It looks like airport check-in and baggage claim areas are the next target for improved security in the U.S. following a string of attacks in Europe. Given the TSA's recent problems staffing security checkpoints, the organization could become stretched even more thinly.

1 month ago

Luxury Retail Brands Love Airport Pop-Ups

Luxury Retail Brands Love Airport Pop-Ups

Patrick Whyte, Skift

Airports are paying much more attention to their retail offering with pop-up shops becoming a popular way to generate buzz and attract new customers.

2 months ago

India Will Quintuple Airport Capacity to Meet Surging Demand

India Will Quintuple Airport Capacity to Meet Surging Demand

Anurag Kotoky, Bloomberg

Not too long ago, less than three percent of India's population flew, according to SpiceJet's chairman and managing director. That airline came back from the dead and now things are seriously looking up across the industry.

3 months ago

San Francisco Files Lawsuit Against Ridesharing Firm Turo Over Its Airport Operation

San Francisco Files Lawsuit Against Ridesharing Firm Turo Over Its Airport Operation

Olivia Zaleski, Bloomberg

How will the courts define Turo — as a rental car company or a marketplace? We've heard this song before and the refrain has been mixed.

3 months ago

Heathrow Has a Possible Solution to Its Runway Problem

Heathrow Has a Possible Solution to Its Runway Problem

Christopher Jasper, Bloomberg

Plans to expand Heathrow have been in development for close to a decade. However, local opposition has made adding a new runway very difficult for successive governments. This time, the airport's owners are adopting a series of measures in a desperate attempt to get the green light.

3 months ago

Iceland Airport Will Get a $1 Billion Upgrade to Cope With Tourism Boom

Iceland Airport Will Get a $1 Billion Upgrade to Cope With Tourism Boom

Ragnhildur Sigurdardottir, Bloomberg

When the U.S. military built Keflavik airport in the middle of World War Two, nobody would have thought that Iceland would go on to become a major tourist destination. Expanding it therefore makes sense, but the country also needs to consider how other parts of the island will cope with millions more visitors.

3 months ago

Argentine Airport Operator Plans IPO to Fund Expansion

Argentine Airport Operator Plans IPO to Fund Expansion

Charlie Devereux, Carolina Millan and Pablo Gonzalez, Bloomberg

It's a foreign concept in the United States, where local bureaucrats generally run airports. But elsewhere, airports tend to be privately managed. Often that makes them more nimble. They can also be profitable, as this proposed IPO suggests.

3 months ago

The Airport of the Future May Evolve From Transport Hub to Attraction

The Airport of the Future May Evolve From Transport Hub to Attraction

Brian Sumers, Skift

Airport architects are busy rethinking the terminal experience, and that's a good thing. But don't expect any major changes, at least not soon. Instead, travelers will get incremental improvements.

3 months ago