Ecuador’s new $700 million Quito International Airport opened Feb. 20, replacing the city’s 52-year-old Quito Mariscal Sucre airport, which closed a day earlier.
The new airport is located 24 kilometers east of Quito. Construction began in 2006 as a follow-up of the management privatization of old the Quito airport in 2002.
Management company Quiport expects the upgraded infrastructure—including a better geographical location and a longer runway—will allow airlines to introduce nonstop operations to destinations such as Madrid.
Brazil said it will invest BRL$7.3 billion ($3.58 billion) to improve the country’s regional aviation infrastructure and quality of airport services.
The investment marks the first phase of a modernization plan that aims to improve the quality of service, add new airports to the air transportation network and increase the number of airline routes operated in Brazil. It will initially include 270 regional airports and ultimately involve all 689 civil aviation airports and airfields in Brazil
The São Paulo government has launched a bid for the construction of a much-anticipated rail link between downtown São Paulo and São Paulo-Guarulhos Airport. The rail link is estimated to open by the end of 2014. São Paulo-Guarulhos Airport reported 30 million boarding passengers in 2011.
Russia’s Roseximbank has signed an agreement with Ilyushin Finance Co. (IFC), a Russian leasing company, to provide $70 million in export financing for Antonov An-158 aircraft for Cubana de Aviación....More