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November
Australian Stock Exchange hopes to list Skywest Airlines on the exchange next week.
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Given the retreat from leverage, the drop in passenger numbers and withering investor demand, are airports merely witnessing a cyclical decline or something more pernicious and long-lasting? Paul Smith reports.
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October
YOURSOLUTION aims to become a leading aviation infrastructure consulting firm, with a team versed in airport management
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May
The Australian investment bank’s airports fund is to sell off its holding in Japan Airport Terminal, manager of Tokyo International Airport's terminals.
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The airport operator is to appeal the UK Competition Commission’s ruling demanding it sell Gatwick, Stansted and a Scottish airport, claiming the report was influenced by “apparent bias” and failed to take economic factors into consideration.
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The European Commission raises no objections to financing worth up to $4.2 billion for Berlin Brandenburg airport, which will see the German capital’s three airports merge.
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The German airport operator has raised €323 million through a promissory note issue, part of its advance financing for Frankfurt Airport’s expansion.
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Having had its application for a new passenger terminal rejected and TUI Group give up its lease on the airport, Coventry Airport is for sale again.
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After spiralling in recent years on the back of a wave of privatisations, airport values have receded rapidly in the downturn as investors shrink from the debt burden involved. Governments will likely remain reluctant to put their assets up for sale for some time.
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Despite the global slowdown in passenger travel, Dubai International Airport registered positive growth for the last quarter of 2008 and first quarter of this year –
the only airport among the world’s top ten to do so.
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Government of Bosnia Herzegovina seeking funding for new airport near Dubrovnik
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April
World Bank member IFC is advising the country’s civil aviation authority on structuring a private-finance deal to expand Median Airport, continuing a push to open up the aviation sector to private investment.
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The City of Chicago and the Midway Investment & Development Corporation agree to slow closing of landmark PPP deal.
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March
MMC Corporation is to pay RM1.7 billion ($466 million) for the AirAsia and Firefly hub after a fractious shareholder meeting.
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In a landmark ruling, the UK’s Competition Commission has ordered BAA to sell Gatwick, Stansted and one Scottish airport to “kick-start a process of competitive rivalry” and improve the customer experience.
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The number of passengers at UK airports has fallen for the first time since 1991and will likely decline again this year – marking the first time since World War 2 that traffic has fallen for two consecutive years.
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If infrastructure changes are put in place and a hub carrier established, Delhi's Indira Gandhi International Airport could rival Dubai and Singapore.
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Turkish firm TAV and Latvian construction company Skonto Buve, have won the public private partnership concession for the expansion of Riga International Airport Latvia.
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The Department for Transport has put forward new proposals on airport regulation that puts the passenger first and requires larger airports to have a licence
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A report from Deloitte says “the pendulum of power” will swing from airports to airlines as airports look set to reduce landing charges owing to vacant landing slots.
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February
The Irish low-cost carrier is to reduce jobs and flights at Dublin Airport in response to declining traffic and the introduction of a new tourist tax.
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