Articles tagged “infrastructure”

Mexico’s New President Won’t Stop a $13 Billion Airport for Now

Mexico’s New President Won’t Stop a $13 Billion Airport for Now

Justin Villamil, Nacha Cattan and Cyntia Barrera Diaz, Bloomberg

The progress of Mexico City's new airport could have big implications for travelers, but maybe not as big as Lopez Obrador's forthcoming relationship with U.S. President Donald Trump.

2 weeks ago

Airports Race to Renovate Before Oil Prices Climb

Airports Race to Renovate Before Oil Prices Climb

Jeremy Hill, Bloomberg

Let's include "rising oil prices" on the list of reasons the LaGuardia renovation of our dreams will hit snags.

3 weeks ago

Heathrow’s Third Runway Got Approved But British Airways Is Still Not a Fan

Heathrow’s Third Runway Got Approved But British Airways Is Still Not a Fan

Christopher Jasper and Kaye Wiggins, Bloomberg

As the long-awaited Heathrow expansion plan moves forward, what will it take to appease British Airways? However it progresses, this project is unlikely to please everyone.

3 weeks ago

Global Air Travel Is Being Held Back by a Worsening Runway Shortage

Global Air Travel Is Being Held Back by a Worsening Runway Shortage

Angus Whitley, Benjamin Katz, and Kyunghee Park, Bloomberg

"Infrastructure is a bigger threat to the growth of airlines than the price of oil," says Qatar Airways CEO Akbar Al Baker. We agree. Airport capacity constraints are tightest in fast-growing Asian nations.

1 month ago

Israel’s Tourism Boom Prompts $10 Billion Island Infrastructure Project

Israel’s Tourism Boom Prompts $10 Billion Island Infrastructure Project

David Wainer and Yaacov Benmeleh, Bloomberg

A new airport on an artificial island could really help with Israel's land scarcity problem as tourists continue streaming in, assuming the existing infrastructure can hold out for another 10 to 15 years.

2 months ago

Istanbul’s New Airport Faces Money Woes in Quest to Become a Global Hub

Istanbul’s New Airport Faces Money Woes in Quest to Become a Global Hub

Onur Ant, Bloomberg

Building a world-class airport from scratch is a gargantuan project. What’s even harder is turning a city shaken by terrorism and a failed coup into the home of an airport that rivals Atlanta in the U.S.

4 months ago

U.S. Government Advises Jersey Shore Town on Ferry to Serve Jared Kushner Resort

U.S. Government Advises Jersey Shore Town on Ferry to Serve Jared Kushner Resort

Bernard Condon and Garance Burke, Associated Press

Good luck making this conflict of interest involving the federal government and Jared Kushner look like an investment in infrastructure that will benefit the local community.

4 months ago

Senator Tells Trump Don’t Get Political With Vital Commuter Rail Tunnel

Senator Tells Trump Don’t Get Political With Vital Commuter Rail Tunnel

Jennifer Jacobs, Billy House and Justin Sink, Bloomberg

Trump's opposition to federal funding for the Gateway tunnel project between New York and New Jersey is only the latest example of playing to his base outside the northeastern U.S. He talks about rebuilding the nation's infrastructure but that doesn't apply when it comes to projects in some Blue states.

5 months ago

Australia Wants to Help Bankroll Trump’s $2 Trillion Infrastructure Plan

Australia Wants to Help Bankroll Trump’s $2 Trillion Infrastructure Plan

Brett Foley and Jason Scott, Bloomberg

Trump is determined to push much of the infrastructure funding responsibility off the federal government. Since when are roads, bridges, and airports no longer public assets?

5 months ago

Trump Wants to Sell Reagan National and Washington Dulles Airports

Trump Wants to Sell Reagan National and Washington Dulles Airports

Melissa Mittelman, Bloomberg

President Trump's plans often seem to fizzle, so there's probably no use in getting all worked up over a blueprint. But it seems odd the government would want to sell prized assets to private businesses.

5 months ago

Trump’s Infrastructure Plan Clears Way for Private Sector Investment

Trump’s Infrastructure Plan Clears Way for Private Sector Investment

Mark Niquette, Bloomberg

The Trump administration is now on its third "Infrastructure Week" in a year's time. It is still figuring out how to push through a plan that essentially sells off infrastructure projects to private companies.

5 months ago

Next Congressional Showdown Will Feature Trump’s Infrastructure Plan

Next Congressional Showdown Will Feature Trump’s Infrastructure Plan

Mark Niquette, Bloomberg

Infrastructure investment is next on the docket after a year of unfulfilled promises from the Trump Administration. It's doubtful that congressional Democrats will buy into a plan that calls for states and local governments to invest heavily in these improvements.

6 months ago