AviAlliance and the co-shareholders of Budapest Airport have agreed to sell the airport to a consortium consisting of the Hungarian state-owned Corvinus Zrt and Vinci Airports. As all terms of the agreement have already been met, the transaction was completed. Gerhard Schroeder, managing sirector of AviAlliance, until today biggest shareholder in Budapest Airport, says: “Since […]
The new international terminal at Almaty Airport in Kazakhstan welcomed its first passengers today. The gateway is targeting Excellence in Design for Greater Efficiencies (EDGE) certification for the new $200 million terminal, which raises the airport’s capacity to more than 14 million passengers per annum. The first passengers arrived at the new TAV Airports funded terminal this […]
Qantas and Perth Airport have today reached an historic commercial agreement which will unlock a multi-billion-dollar wave of investment and deliver new international and domestic flights, giving a major boost to Australia’s tourism industry. As part of the 12-year agreement, Perth Airport will invest around A$3 billion in new terminal facilities and a new parallel […]
Mexican airport operator, Grupo Aeroportuario del Centro Norte (OMA), has inaugurated the first phase of a €400 million investment programme at Monterrey International airport. The delivery of the new East Concourse of Terminal A is a major milestone of a five-year expansion programme that will bring a significant step in the ongoing expansion of Mexico. […]
LaGuardia Gateway Partners (LGP) has announced that Terminal B at LaGuardia Airport has been awarded its second LEED Gold certification, this time for its operations and maintenance (O&M) practices. It believes that the prestigious accolade underscores LGP’s “unwavering commitment to sustainability and environmental stewardship in aviation infrastructure”. LEED certification by the US Green Building Council […]
Global airport investor, VINCI Airports, has acquired a 50.01% stake in Edinburgh Airport in Scotland. It will now work in partnership with Global Infrastructure Partners on developing the gateway, which supports 28,000 jobs in Scotland and contributes £1.4 billion a year to the Scottish economy. Sir John Elvidge, chairman of Edinburgh Airport, said: “We are […]
TAV Airports is to invest $275 million on expanding the existing terminal and building a new domestic terminal at Madinah Airport (Medina) in Saudi Arabia. It says that the investment is needed to ensure that the airport is equipped to handle 18 million passengers per annum, allowing it to meet “surging passenger traffic”, which last […]
The Port Authority of New York and New Jersey (PANYNJ), The New Terminal One (NTO) and Unibail-Rodamco-Westfield (URW) Airports have announced the launch of the commercial programme for the privately funded $9.5 billion all-international terminal scheduled to open in 2026 as part of the $19 billion transformation of New York-JFK. According to the trio, the […]
IGA Istanbul Airport has outlined its plans for 2024, with CEO, Selahattin Bilgen, promising that it will be a “year of investments”. Speaking during the Turkish gateway’s annual press conference, Bilgen stated that the airport invested €160 million in 2023 and would increase that to €656.5 million this year. He also revealed the airport’s key […]
Tulsa International Airport yesterday held a groundbreaking ceremony to mark the commencement of construction on a new international customs facility, which will allow commercial air carriers to offer non-stop international flights out of TUL for the first time. The new 45,000 square foot addition to the existing terminal is expected to be completed in late […]
Turin Airport (TRN) is celebrating the opening of a new train link that makes it possible to travel between it and downtown Turin in just 31 minutes. The importance of the new Turin-Airport-Ciriè-Germagnano railway line saw Italy’s Deputy Prime Minister and Minister of Infrastructure and Transport, Matteo Salvini; Minister of Public Administration, Paolo Zangrillo, and […]
Dublin Airport is to overhaul the food and drink offerings in both its terminals, adding more than 20 new and improved bars, cafes and restaurants for passengers. The latest changes are the final piece in the jigsaw of a five-year journey to transform the food and beverage options available to passengers at Dublin Airport and […]