Category

Airports

Fraport Group reports nine month results

The Fraport global airport company has reported a significant increase in revenue and the Group result (net profit) during both the third quarter and the first nine months (ended September 30) of the 2021 business year. Factors contributing to this increase included a positive operational performance and several one-off effects….

Munich Airport sees further upturn in transatlantic travel

The end of strict US entry restrictions for European travellers has further boosted transatlantic travel at Munich Airport, with Lufthansa resuming flights to Miami for the first time in addition to the routes it has already begun operating again this year. Flights from Munich will land in the major Florida…

Eurocontrol data shows aircraft fly higher

In their flight plans, aircraft request to cruise at an altitude (‘flight level’) that’s most efficient for them, so that they burn less fuel. When airspace is congested, they might request lower or be kept lower by air traffic management. A graph supplied by Eurocontrol graph shows how requested cruise…

Sydney Airport agrees $17.5bn takeover deal

The board of Sydney Airport has agreed to a buyout from a consortium led by Melbourne-based IFM Investors for A$23.6bn (US$17.5bn). The consortium, known as Sydney Aviation Alliance, offered the airport A$8.75 a share. The deal values Sydney Airport’s equity at approximately $23.6 billion and represents an uplift in equity…

Ferrovial Airports to deploy a network of UK vertiports

Ferrovial Airports has announced plans to deploy a network of more than 25 vertiports in the United Kingdom. This initiative follows the recently announced agreement to develop a network of more than 10 vertiports in Florida, US. Vertiports will provide infrastructure for landing, recharging, and taking off passengers of all-electric,…

MLB celebrates progress of terminal renovation & expansion project

Airport officials, construction teams and community leaders celebrated progress of Melbourne Orlando International Airport’s (MLB) Terminal Renovation & Expansion Project with a Topping Out Ceremony. The major milestone provided the opportunity for airport, community, and project stakeholders to sign a structural beam that will be placed in the ceiling structure…

Heathrow reports Q3 losses

In Q3, Heathrow airport experienced its first full quarter of passenger growth since 2019, underscoring strong pent-up demand as travel restrictions eased and testing requirements were simplified. Passenger numbers in the third quarter recovered to 28%, and cargo to 90% of pre-pandemic levels. However, traffic is not expected to fully…

Fitch: New Covid variants ground recent traffic improvements for airports

New Covid variants could impede recent improvements in vaccination rates and recent subsequent increases in passenger traffic at airports throughout the world, according to Fitch Ratings in its latest quarterly Global Airport Traffic Tracker. Vaccination rates have improved significantly during the past three months, with all countries administering at least…

Ryanair signs new deal with Aviator

Aviator has signed a partnership agreement with Ryanair for ground handling services. Under the new partnership, Aviator will provide Ryanair with full passenger- and ramp-handling services, including de-icing, at Stockholm-Arlanda Airport. The five-year agreement was signed in July for services to be provided starting October 2021.  Aviator at Arlanda perform emission…