A consortium comprising private equity group 3i’s infrastructure arm and two Canadian pension schemes has pulled out of the bidding for London’s Gatwick airport.
New Zealand’s largest airport, Auckland International Airport Ltd reported a 79 percent drop in first-half net profit due to property revaluations, but said its operating performance was strong.
Paris airports operator said in February its January traffic fell 7.8 percent compared with January 2008, due to bad weather conditions, a national one-day strike and the global economic slowdown.
Malaysia Airports Holdings must pay a higher dividend of at least 50 percent of its post-tax profit as part of its financial restructuring plan, the government have said.
Budget airline Ryanair said it may take a minority stake in Germany’s Hahn airport, after Fraport announced it was in talks with the state of Rhineland-Palatinate to sell its 65 percent majority stake.
Mexican airport operator GAP has warned of weak passenger traffic in 2009 as small airlines close business hurt by the financial crisis.
The Spanish government said on Sunday it would open an investigation into flag carrier Iberia’s treatment of passengers who suffered delays and cancellations at Madrid’s Barajas airport this weekend.
Hungary’s main international airport switched to oil from gas heating on Wednesday after Russian gas imports via Ukraine stopped, and the normal running of the airport was not affected, the airport operator said.
Britain gave the go-ahead for a third runway and another terminal at London’s congested Heathrow airport as part of a 9 billion pound ($13.2 billion) expansion, delighting the aviation industry but enraging environmentalists.
The oldest resident of a village that will be wiped off the map by the expansion of London’s Heathrow Airport has vowed to stay in his home and defy the bulldozers.