Through subsidiary, Aena Desarrollo Internacional, Aena has been awarded the concession to operate and develop São Paulo’s Congonhas Airport and 10 other gateways across Brazil. The concession, which is initially for 30 years with the option of a five year extension, covers 11 gateways across São Paulo, Mato Grosso do Sul, Minas Gerais and Pará […]
Copenhagen Airport and the Fraport Group have become the latest airport operators to post improved results for the first half of 2022. Denmark’s capital city airport reports that eight out of ten passengers are back, it has taken on an extra 500 staff to cope with rising demand, and that it is close to breaking […]
Brisbane Airport Corporation (BAC) is hosting the BNE Careers Expo next month to encourage up to 2,000 new employees to consider a career at the airport precinct. The airport ‘jobs bonanza’ covers a diverse range of roles including: security, baggage handling, government agencies, airlines, customers service, engineering, corporate services, landscaping, bus drivers, hospitality and retail […]
Spain’s global airport operator, Aena, has announced that it made a net profit of €163.8 million in the first half of 2022 – nearly a 150% rise on its results for the corresponding period a year ago when it reported a huge €346.4 million loss. The turnaround in its fortunes means that Aena is in […]
Ferrovial Airports has agreed to acquire a stake in New Terminal One, the consortium appointed to design, build and operate the new $9.5 billion Terminal One at New York–JFK. Under the deal, Ferrovial is acquiring 96% of The Carlyle Global Infrastructure Fund’s 51% stake in New Terminal One. The completion of the transaction is subject […]
Fraport AG CEO, Dr Stefan Schulte, delivered a largely positive message to shareholders at the company’s Annual General Meeting (AGM) today. Schulte said: “The year 2021 has shown that we have bottomed out and are now climbing back up step-by-step in terms of traffic volumes. “At Frankfurt, we are getting ready for a busy summer. […]
Global airport operator, Fraport AG, has announced its intention to sell its 24.5% stake in China’s Xi’an Xianyang International Airport. Fraport, which earlier this month announced plans to divest itself of its shares in St Petersburg’s Polkovo Airport following Russia’s invasion of the Ukraine, has agreed to sell its shares in Xi’an Xianyang to Chang’an […]
UK airports have lost £10 billion in revenue since the first lockdown in March 2020 and have taken on more than £4 billion in debt, according to new analysis by the Airport Operators Association (AOA). Its new report, Reconnecting the UK: recovering aviation connectivity, shows that 2021 was worse than 2020, with airports seeing the lowest […]
Global airport operator, Fraport, is looking to offload its interests in Pulkovo Airport in St Petersburg in the wake of Russia’s invasion of Ukraine. “There is no justification for the attack on Ukraine by Russian forces. We condemn this war for being an armed attack on a sovereign state and its people – a clear […]
Ferrovial Airports is about to widen its international portfolio after entering negotiations to secure a stake in the consortium responsible for building the new $9.5 billion Terminal One at New York JFK and agreeing to acquire a major interest in Dalaman Airport in Turkey. It announced today that it has reached an “exclusivity agreement” with […]
CEO, Luke Bugeja, tells Joe Bates more about Ferrovial Airports’ business strategy and expansion plans that include developing a network of vertiports in the US and UK. What is the appeal of airports to Ferrovial and do the company’s global ambitions burn as brightly today as when it first entered the market in 1998? Our […]
Dan Elliott from Frontier Economics considers some of the immense challenges the global pandemic has created for those planning or regulating air transport infrastructure. The aviation industry had grown used to short-term shocks. After both 9/11 and the global financial crisis of 2008, air travel came back, more or less on track, relatively quickly. But […]
