Airports

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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 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.

3 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.

3 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.

3 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?

3 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.

4 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.

4 months ago

JFK’s Terminal 4 Owner Wants to Invest in More U.S. Airports

JFK’s Terminal 4 Owner Wants to Invest in More U.S. Airports

Brian Sumers, Skift

Handing over more U.S. airport terminals to private operators is probably not a panacea. But surely private industry can do at least as well as governments in operating an airport terminal.

4 months ago

Manila’s Aging Airport Is Getting a Much-Needed Upgrade

Manila’s Aging Airport Is Getting a Much-Needed Upgrade

Clarissa Batino and Cecilia Yap, Bloomberg

Ninoy Aquino International Airport has ranked among the worst airports in the world — and that's saying a lot. It needs this renovation to have any hope of keeping pace with an expected tourism influx.

4 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.

4 months ago

Air Traffic Control Privatization Is On the Agenda

Air Traffic Control Privatization Is On the Agenda

Alan Levin and Mark Niquette, Bloomberg

Privatizing the FAA could be a way to modernize the agency and make it more adaptable to new technology but there are plenty of potential pitfalls, as well.

4 months ago