French airport operator Aéroports de Paris (ADP) has bought significant stakes in the Turkish airport operator TAV Airports and airport construction specialist TAV Construction.
It is familiar scene at airports around the world, but one that has become far less common than just a few years ago: a disgruntled passenger looking at a nearly empty baggage carrousel, wondering where his luggage might be.
Germany’s North Rhine-Westphalia (NRW) state government last month implemented a night-flight ban for passenger aircraft at Cologne/Bonn Airport (CGN) between midnight and 5 a.m. local time. Cargo flights are excluded.
The decision affects around 6,000 aircraft movements annually. CGN CEO Michael Garvens said in a statement that the ban is without a legal basis, will damage the aviation market in NRW and put jobs in danger. He added that the airport would appeal the ban to Germany’s transport ministry.
In response to a ruling by the UK Competition Commission (CC), airport operator BAA has agreed to the sale of Edinburgh Airport (EDI) to Global Infrastructure Partners (GIP) for £807.2 million ($1.3 billion). The sale is expected to close by the end of May.
GIP, an independent infrastructure fund manager, already owns a 75% interest in London City Airport (LCY) and a 42% controlling stake in London Gatwick Airport (LGW).
IATA has said Thailand should expand Bangkok Suvarnabhumi Airport (SVB). “Thailand needs to urgently build new terminal and runway capacity at Suvarnabhumi to ensure it remains one of the region’s top hubs,” IATA said in a statement.
IATA commissioned consultants Oxford Economics to carry out a study of 54 countries to better quantify the benefits they receive from aviation.