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INVESTING IN AIRPORTS

Maximising their potential

In this two-part article, Marnix (Max) Groot, managing editor of the Momberger Airport Information newsletter, reports on a selection of infrastructure development projects that are either underway or planned across Asia. While Asia has been slower to recover from COVID-19 than other regions, the future looks bright, with hundreds of airports either being built, upgraded […]

Construction of new T1 pier at Munich Airport “progressing rapidly”

Construction work on the new pier at Munich Airport’s Terminal is progressing rapidly and on target for completion at the end of 2025, the German gateway revealed today. The exterior façade was completed last year and  the interior fit-out is said to be making great strides, The new €665 million pier will bundle the non-Schengen […]

New majority shareholder for Parma International Airport

Parma International Airport has a major new shareholder after Canadian aviation company, Centerline Airport Partners, announced the acquisition of a 51% stake in the Italian gateway. Centerline believes that the strategic investment underscores its commitment to enhancing connectivity, air service development, customer experience, and safety at the airport in line with its approved master plan […]

Long time investor AviAlliance sells stake in Budapest Airport

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 […]

Almaty Airport’s new showpiece terminal opens for business

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 […]

New terminal and parallel runway to deliver growth at Perth Airport

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 […]

Expansion milestone at Mexico’s Monterrey International Airport

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. […]

Second LEED Gold accolade for LaGuardia’s Terminal B

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 […]

VINCI Airports acquires stake in Edinburgh Airport

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 […]

New developments to raise capacity of Madinah Airport

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 […]

Commercial programme launched for a new ‘world-class’ New York-JFK

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 planning ‘year of investments’

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 […]

Work starts on new CBP facility at Tulsa International Airport

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 […]

Government ministers celebrate opening of train link to Turin Airport

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 […]

Major food and beverage revamp planned at Dublin Airport

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 […]

Aircraft stand upgrade underway at Birmingham Airport

Birmingham Airport (BHX) in the UK is halfway through more than £10 million of aircraft stand upgrades to make its operation more efficient and reliable for customers. The project is making all the stands on BHX’s South Terminal capable of accommodating Airbus 321 and Boeing 737 aircraft, which many airlines use. Andrew Holl, BHX’s airfield […]

Technology test centre opens for JFK’s planned new Terminal 1

The project design-build team behind New York JFK’s new Terminal 1 have opened a pre-production centre to test technology before it is deployed in the the new $9.5 billion terminal. The team includes the New Terminal One (NTO) consortium appointed to design, build and operate the new complex and partners AECOM Tishman Construction, Schneider Electric, […]

Plans to develop and improve airports in US Virgin Islands

Global sustainable design and engineering firm, Stantec, has been selected by the United States Virgin Islands Port Authority (VIPA) as the first sole consultant for both the Cyril E King Airport in St. Thomas and the Henry E Rohlsen Airport in St. Croix. The firm will provide comprehensive airport consulting services for ongoing development and […]

Vantage to increase stake in Terminal B operator at LaGuardia Airport

Vantage Airport Group has reached agreement to acquire an additional ownership interest in LaGuardia Gateway Partners (LGP) from Skanska, which is divesting its 32% ownership in the consortium. Vantage will acquire approximately 16% of Skanska’s interest for $57 million. The transaction is conditional on regulatory approvals and customary terms and conditions. LGP is the private […]

Shannon Airport Group contributes almost €4 billion to the Irish economy

The Shannon Airport Group contributes almost €4 billion (€3.96bn) to Ireland’s GDP and supports over 20,300 jobs, according to a new report. Published today, the report independently produced by economic advisory firm Oxford Economics, highlights the significant positive impact of The Shannon Airport Group to the Irish and Mid-West economy in 2022. It also considers […]

New terminal set to transform travel to southern Thailand airport

Nakhon Si Thammarat International Airport in southern Thailand is set to open its new $40 million international terminal next month. The new eight-gate facility covers 30,000sqm and is said to boast state-of-the-art facilities that will boost the airport’s capacity to four million passengers per annum. Three airlines – Nok Air, Thai AirAsia and Thai Lion […]

ONT celebrates seven years of local control and new milestones

More than 500 business and regional leaders gathered on Wednesday, November 1, for Ontario International Airport’s annual State of the Airport event, and to celebrate seven years of local control of the Californian gateway. Serving one of the most dynamic population and economic centres in the United States, ONT will serve more than six million […]

Green light for terminal expansion at London Stansted

London Stansted Airport has received planning permission to extend its terminal building. The decision was made by the Planning Inspectorate following a hearing held on 17 October and, according to the UK, the extension “will transform the airport experience and provide capacity to accommodate growth towards the airport’s approved limit”. The scheme will add a […]

Fraport USA wins concessions contract for US’s capital city airports

Metropolitan Washington Airports Authority (MWAA) has awarded Fraport Washington Partnership LLC (Fraport USA) a ten-year contract to lease, develop and manage the concessions programme at Washington DC’s Dulles and Reagan National airports. Under the new contract with the MWAA, effective in January 2024, Fraport USA will be responsible for day-to-day management of the concessions programme […]

Are car parks at US airports ready for electric vehicles?

One of the new challenges facing US airports today is how to respond to and meet current and future demand for parking facilities for electric vehicles (EVs), writes Vitaly Vinogradov. In 2022, more than 10 million electric vehicles (EVs) found their way into the garages and driveways of consumers across the globe. By the end […]

Work begins on Poland’s new multi-modal megahub

Construction work has begun on Poland’s new multi-modal megahub 40 kilometres southwest of capital, Warsaw. According to its developers, Centralny Port Komunikacyjny (CPK) is a key transport development project for Poland that is crucial for the economic growth of both the country and the wider European region. At its heart will be the largest airport in […]

Perth Airport unveils its plans to grow regional aviation

With regional passenger numbers continuing to surge, Perth Airport has started work on three key projects in the Airport Central precinct that will help cater for Western Australia’s growing regional aviation sector. These works come off the back of almost 550,000 intrastate travellers passing through Perth Airport last month – the highest single month regional […]

Schiphol to get largest rental car facility in the Netherlands

Work has started on the construction of what will become the largest car rental location in the Netherlands at Amsterdam Schiphol Airport. The new facility will be capable of accommodating up to 2,500 vehicles and offer customers the opportunity to rent electric vehicles. The five largest car rental companies at Schiphol are coming together under […]

Avinor forms ‘innovation partnership’ with Vanderlande

Vanderlande and Norwegian airport operator, Avinor, have formed an ‘innovation partnership’ to explore ways of fully automating the last mile of the baggage handling process. Vanderlande will supply two innovative solutions – BAGLOAD for integrated robot loading and FLEET Batch for the transportation of ULDs – which will be trialled at Oslo Airport. The ultimate […]

Australia’s Prime Minister visits Newcastle Airport for development milestone

Australian Prime Minister, Anthony Albanese, made a flying visit to Newcastle Airport today for the official ground-breaking ceremony for the Terminal Expansion Project. The event marks the beginning of construction for the project, which is designed to enhance the airport’s capacity, efficiency, and overall user experience. Newcastle Airport CEO, Dr Peter Cock, says the transformative […]

Gatwick expansion plans would create over 1,400 new construction jobs

London Gatwick Airport has estimated around 630 new jobs will be created for local construction workers, if its plans to bring its Northern Runway into routine use are given the go-ahead. These jobs would be generated across the county council areas of West Sussex, East Sussex, Surrey and Kent, the unitary authority of Brighton and […]

Fertile ground for public-private sector collaborations

America’s airports are abuzz as big changes take place. Upgrades, expansions, diverse transportation options, and all kinds of new amenity projects are either underway or being prepared for launch. Planning is rampant as air travel is modernised, made safer and more convenient. However, the current activity and the projects underway at airports today will likely […]

New hotels planned for Sweden’s Stockholm Arlanda and Kiruna airports

Swedavia is planning to build a new hotel at both Stockholm Arlanda and Kiruna airports as its looks to future proof its Swedish airport network. At Stockholm Arlanda Airport, a full-service hotel is being planned which will be located close to the terminals and include 540 double rooms, conference facilities and a wide range of […]

Work set to start on expansion of Newcastle Airport in Australia

The A$110 million expansion of the terminal at Newcastle Airport in Australia will include significant upgrades to the airport’s existing terminal building as the gateway strives to provide a world-class passenger experience for the region. The airport today appointed Construction Control as the managing contractor for the project. “The biggest beneficiaries of the airport’s upgrade […]

Freetown’s new terminal makes history in Sierra Leone

President, Julius Maada Bio of Sierra Leone, today opened his country’s first new international airport terminal since independence, a key milestone in developing the pivotal West African state as a regional aviation hub. The new $270 million facility is three times the size of the existing terminal with capacity to handle up to one million […]

Fukuoka Airport: Bigger and better

Airport World talks to HOK’s Hiroyuki Kawakami and Azusa Sekkei’s Makoto Ishii about plans to transform and expand the international terminal at Fukuoka Airport in Japan. Construction is underway on a “state-of-the-art international terminal expansion and renovation project”, which together with a new runway, will effectively equip Fukuoka Airport to handle up to 16 million […]

Looking to the future

The host of ambitious infrastructure development projects unveiled across the globe in the final quarter of 2022 shows confidence in the future growth of aviation and the investor appeal of airports, writes Joe Bates. It proved to be a busy end to 2022 with global traffic figures on the rise and the announcement of a […]

Breaking the mould: Tweed New Haven Airport

Avports’ investment in Connecticut’s Tweed New Haven Airport shows that public-private partnerships can work for smaller US gateways, writes the company’s CEO, Jorge Roberts, and chief operating officer, Arturo Garcia-Alonso. Over the past 95 years, our team at Avports (formerly Pan Am World Services) has contributed to growth and continuity at over 30 small airport […]