Airports

Heathrow Within ‘Touching Distance’ of Approval for Third Runway

Heathrow Within ‘Touching Distance’ of Approval for Third Runway

Christopher Jasper, Bloomberg

We've been here many, many times before. Even if the UK government gives the go-ahead, we should expect further delays, especially as there is still plenty of opposition to expansion.

3 weeks ago

Privately Run Terminal in Suburban Seattle Could Be the Future of U.S. Airports

Privately Run Terminal in Suburban Seattle Could Be the Future of U.S. Airports

Ahmed Namatalla, Associated Press

Is the U.S. ready to embrace a model that is already in widespread use throughout Europe? If the private company developing a passenger terminal in the Seattle suburbs is successful — a big if since this will be its first airport project — others will likely follow suit.

1 month ago

Airports Are Using ‘Smart Glass’ to Get Travelers to Spend More on Food and Drinks

Airports Are Using ‘Smart Glass’ to Get Travelers to Spend More on Food and Drinks

Justin Bachman, Bloomberg

If smart glass can make New York's LaGuardia Airport less depressing, we're all for that miracle, and might just order one more round.

1 month ago

Investment Fund Mulls Selling Stake in London’s Gatwick Airport

Investment Fund Mulls Selling Stake in London’s Gatwick Airport

Scott Deveau, Aaron Kirchfeld, and Dinesh Nair, Bloomberg

Competition in the London airport market is heating up, and that may be enough of an exit strategy for a major investment fund that holds nearly half of Gatwick Airport. That GIP is contemplating putting its 42 percent stake up for sale may complicate Gatwick's request with the British government to add another runway.

1 month ago

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.

1 month 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.

2 months 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.

2 months ago

Argentine Airport Operator Looks to Emerging Markets in Brazil and India

Argentine Airport Operator Looks to Emerging Markets in Brazil and India

Pablo Gonzalez, Bloomberg

This Argentine airport operator is smart to look to Brazil as a promising market. Brazil's new Open Skies agreement with the U.S. could even spur new partnerships between Latin American airlines.

2 months ago

Gibraltar Airport Could Be Jointly Managed by Spain In Post-Brexit Overture

Gibraltar Airport Could Be Jointly Managed by Spain In Post-Brexit Overture

Esteban Duarte, Bloomberg

This airport and rail expansion could really help visitation to Gibraltar, but will that be enough if Gibraltar ends up having to leave the European Union because of its ties to the UK?

2 months 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.

3 months ago

Heathrow Airport’s $50 Million Bad Weather Investment Pays Off

Heathrow Airport’s $50 Million Bad Weather Investment Pays Off

Christopher Jasper, Bloomberg

A light dusting of snow is usually enough to bring the UK to a total standstill. In that sense, keeping Heathrow open is a pretty good achievement, even if it did cost the airport $50 million.

3 months ago

Stansted and Heathrow Airports Plan to Increase Passenger Tallies

Stansted and Heathrow Airports Plan to Increase Passenger Tallies

Christopher Jasper, Bloomberg

London's airports desperately need new runways as air travel demand has surged over the last few years. Stansted wants to pick up the slack, at least until Heathrow's third runway is finished.

3 months ago