Hamburg aiming to bounce back from first ever annual loss
Hamburg Airport today admitted that the coronavirus pandemic has left deep scars in its balance sheet, revealing that the “unprecedented crisis” has resulted...
ECONOMICS & FINANCE
UK government urged to approve Arrivals duty free shops at airports
In the UK, a cross-party group of over sixty MPs and Peers have written to the Chancellor calling for the introduction of Arrivals...
Copenhagen Airport renegotiates deal with airlines to kick-start traffic return
Copenhagen Airport (CPH) and its airlines have announced that they have “struck an agreement” that they believe will provide the necessary commercial framework...
Munich Airport’s LabCampus attracts autonomous vehicle technology pioneer
Munich Airport’s LabCampus innovation centre will shortly have a new tenant – one of the world’s leading technology companies in the autonomous driving...
New operator of Blackpool Airport planning for better days
Blackpool Airport has had no commercial traffic since March 2017 and that situation seems unlikely to change anytime soon, but its local council...
London Gatwick admits to ‘renewed optimism’ for 2021
Gatwick Airport’s CEO, Stewart Wingate, today reiterated his confidence in the airport’s ability to bounce back from the toughest year in its history...
Heathrow confirms “devastating impact of COVID-19”, but hopeful for better 2021
London Heathrow today revealed that the airport lost £2 billion in 2020 as its passenger numbers slumped from 80.9 million in 2019 to...
Global ratings agency forecasts tough year ahead for Europe’s airports
Passenger traffic and revenue at Europe’s airports this year is likely to be around 30% to 50% down on 2019 levels, according to...
Christchurch Airport well placed to ride out global pandemic
Christchurch Airport is citing lessons learnt from the earthquakes, extensive changes it made to its business across 2015-2019 and its preparation for events...
Miami International Airport receives COVID-19 relief fund grant
Miami International Airport has been awarded $39.5 million in COVID-19 relief funding from the federal government, in the second round of airport grants...
Fraport extends Antalya Airport concession by two years
The Turkish government has agreed to extend Fraport’s management concession for Antalya Airport by two years to the end of 2026 and to...
Airbus signs MoU with India’s GMR Group
India’s GMR Group, a global airport operator and aviation infrastructure developer, has signed a Memorandum of Understanding (MoU) with Airbus to explore collaboration...
