ECONOMICS & FINANCE
Louisville Muhammad Ali International Airport (SDF) and Bowman Field (LOU) generated a record breaking $12.8 billion in economic output for the region and state in 2024, according to the most recent economic impact study. The total ensures that Louisville Regional Airport Authority maintains its status as the number one economic driver for aviation in the […]
Vincent Hodder, CEO of Leeds Bradford Airport (LBA) in the UK, today outlined the gateway’s economic and aviation potential, three months after the opening of its terminal extension. “We unveiled our Vision 2030 strategy in August last year and since then LBA has been on a transformational journey,” enthused Hodder. “Backed by £200 million in […]
Based on its performance in the first half of 2025, the 100th anniversary of Copenhagen Airport is set to be a record year for the Danish gateway. In the first six months of the year, 14.9 million passengers passed through the terminals, which was 8% cent more than in the first half of last year […]
Finavia is updating its strategy and revamping its operating model in a bid to increase its growth opportunities and value creation. It will also make changes to its Executive Group and plan changes to the organisation in accordance with the new operating model. The aim of the changes is to further increase customer orientation, expand […]
S&P Global Ratings has reaffirmed Vancouver Airport Authority’s AA- long-term issuer credit and senior unsecured debt rating, maintaining the positive outlook first issued in 2024. This marks the sixth consecutive year that Vancouver Airport Authority has received an AA- rating from S&P, underscoring the organisation’s financial strength and operational resilience. The reaffirmed AA- rating reflects […]
Global airport operator, TAV Airports, today reported that it increased its revenues by 12% to €824 million in the first six months of 2025. The company, a member of Groupe ADP, also registered a 10% increase its EBITDA to €237 million for the half year. “We completed the first half of the year with 5% […]
The New Terminal One at New York’s John F Kennedy International Airport has successfully closed its $1.367 billion Green Bond issuance, underscoring strong investor support and confidence in the project. Proceeds from the Series 2025 Bonds will be used to finance the remainder of the anticipated costs relating to New Terminal One’s Phase A, opening […]
London’s Gatwick Airport is part of the newly formed Gatwick Region Airport Economic Zone (AEZ), set up to help showcase the region and its strengths to investors and developers from around the globe. Centred in the region surrounding London Gatwick, it represents 7% of the UK economy (£155 billion GVA), greater than the combined economies […]
Global airport operator, Fraport, believes that it has made “a cautious start” to its 2025 fiscal year. After adjustments for revenues from construction and expansion measures, revenue across the Group rose by 6.3% year-on-year to €811.3 million. Its EBITDA (earnings before interest, taxes, depreciation, and amortization) reached €177.5 million, however, this represented a decline of […]
Today at its annual public meeting, Halifax International Airport Authority (HIAA) celebrated its “incredible growth in 2024” and recognised its positive economic impact on Atlantic Canada and beyond. “In 2024, our team wholeheartedly embraced our vision – people and partners creating Canada’s best gateway airport – by driving initiatives that strengthen our commitment to excellence, […]
ACI World has released its latest airport industry economic and financial performance data, revealing a significant gap between the recovery of passenger traffic and total airport revenues. It says that while passenger traffic nearly returned to pre-pandemic levels in 2023 – just 5.4% below 2019 – airport revenues lagged further behind, falling short by 11.4%. […]
Airports in the Asia-Pacific and Middle East regions are poised to undergo extensive development, with combined investments of $240 billion dedicated to both upgrading existing facilities (brownfield projects) and building new airports (greenfield projects) between 2025 and 2035. This capital expenditure, revealed today by Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), […]
