Collaboration and co-operation will prove key to overcoming COVID-19, although aviation potentially faces a long road to recovery, writes Inderjit Singh. Aviation is one of the most important pillars of the global economy as the sector provides millions of jobs across the world and contributes heavily to its GDP. It is also a survivor, as […]
S&P Global Ratings today lowered the ratings on four European airports/associated companies (and a further two CreditWatch revisions) as the rating agency anticipates a slower recovery in passenger traffic than first anticipated. The four downgrades are: • Royal Schiphol Group NV (Schiphol). Ratings to ‘A’ from ‘A+’ • Flughafen Zurich AG. Ratings to ‘A’ from […]
Heathrow today revealed that it has rolled out a “raft of anti-viral measures at key touchpoints to protect passengers, reducing the risk of transmission when travelling”. The measures include the introduction of UV cleaning robots, anti-viral disinfecting wraps and sealants, and 100 hygiene-technicians as the airport ramps up its response to COVD-19 and the UK […]
Lufthansa Consulting’s Catrin Drawer and Andreas Jahnke consider what the impact of COVID-19 is likely to be on the investment appeal of airports across the globe. Does COVID-19 mean that airports have finally lost their mantra of being a safe, long-term investment opportunity for investors? The short answer is ‘no’, because airport investments have never […]
London City Airport today became the latest gateway to resume international flights as the UK government’s ‘Travel Corridors’ policy come into effect. And, possibly to the surprise of many, the return of flights to popular European holiday destinations from London City Airport (LCY) has been met with massive demand from travellers. According to the airport, […]
Joe Bates provides a snapshot of how the region’s airports have responded to the COVID-19 pandemic and are planning for a brighter future. The region’s airports have turned to technology and new processes and procedures to ensure that they are equipped, ready and able to handle passengers when government’s finally lift travel restrictions and commercial […]
Today marked another milestone day in Dubai International Airport’s recovery from the COVID-19 as the UAE gateway welcomed the resumption of scheduled operations by foreign carriers. A total of 13 international airlines resumed scheduled flights this week as Dubai, and Dubai International Airport (DXB), effectively opened for business to overseas tourists from July 7. Airlines […]
Today marked another milestone day in Dubai International Airport’s recovery from the COVID-19 as the UAE gateway welcomed the resumption of scheduled operations by foreign carriers. A total of 13 international airlines resumed scheduled flights this week as Dubai, and Dubai International Airport (DXB), effectively opened for business to overseas tourists from July 7. Airlines […]
Director general, Stefano Baronci, reflects on the impact of COVID-19, ACI Asia-Pacific’s recent virtual Regional Board meeting and Assembly, new Strategic Plan and a host of other issues. From a period of sustained passenger traffic growth in 2019 to the halfway point of 2020, the industry is now in survival mode, crippled by the loss […]
Duty free operator Gebr Heinemann has announced that chief commercial officer, Kay Spanger, is retiring after more than 40 years with the Hamburg-based company. Spanger, who will work as an advisor to the company from September until the end of the year, is to be replaced on the Executive Board of Gebr Heinemann by Dr […]
Saudi Arabia has unveiled plans for a new airport to serve what has been described as a new “ultra-luxury destination” on its Red Sea coast. The new destination is called AMAALA and the airport, which is slated for completion in 2023, will boast a design that that is said to have been inspired by the […]
Airports are leaders in the use of new technology, which will make touchless travel possible and hasten aviation’s recovery from COVID-19, writes Collins Aerospace’s Tony Chapman. There was a time not long ago when commercial airline passengers arrived early at airports to shop at high-end boutiques, eat at nice restaurants and enjoy a cocktail before […]