Tags: airports

How rapid growth in the US aviation industry means opportunities for suppliers

How rapid growth in the US aviation industry means opportunities for suppliers. With its global aviation support business flying high, Artemis Aerospace is expanding stateside. Here’s why the company believes it’s the right time to go west. According to the Airports Council International, the aviation industry is predicted to recover fully from the effects of […]

Acquisition of Australian airport Food & Beverage operator by SSP Group

SSP enhances its airport F&B operations in Australia, growing its presence in a strategically important and fast-growing market SSP Group plc (“SSP” or “the Group”), a leading operator of restaurants, bars, cafes and other food and beverage outlets in travel locations across 36 countries, is pleased to announce it has entered into an agreement to […]

FAA will award $243.7 million to modernize airport infrastructure across US

The U.S. Department of Transportation’s Federal Aviation Administration (FAA) will award $243.7 million in Fiscal Year (FY) 2024 Airport Infrastructure Grants (AIG) under the Bipartisan Infrastructure Law. The $243.7 million includes 150 grants in 37 states to modernize airport infrastructure, improve runway safety, and create jobs to build a better America.   “We saw a […]

Passenger traffic reaches nearly 95% of pre-pandemic levels in 2023

2.3 billion passengers welcomed by Europe’s airports in 2023 Passenger traffic surging by +19% over 2022, thus standing just –5.4% below pre-pandemic (2019) volumes A market characterised by significant performance gaps – while many airports achieved absolute passenger traffic records, a large majority still lagged behind their pre-pandemic volumes. TOP 5 European airports in 2023: […]

All 13 VINCI airports operated in Mexico successfully upgraded to Level 2 Reduction in the ACA programme

VINCI Airports is proud to announce that the 13 Mexican’s airports operated by OMA, of which VINCI Airports is the main shareholder, have successfully upgraded to Level 2 Reduction in the Airport Carbon Accreditation programme. A new achievement that comes 10 months only after being certified ACA level 1. Aligned with VINCI Airports’ environmental policy and the objective to […]

VINCI Airports and Government of Dominican Republic extend airport concession contract for 30 additional years

VINCI Airports, concessionaire of 6 airports(1) in the Dominican Republic since 2016 through its subsidiary Aerodom, has just been granted by the Government of the Dominican Republic a 30-year extension of its concession contract, originally scheduled for 2030. Under the extended concession contract, from 2030 to 2060, VINCI Airports will be responsible for financing, operating, maintaining, […]

Kaunas Airport Passenger Terminal Expansion: Construction Set to Begin in Early 2024

Lithuanian Airports has signed a contract with INFES, which has won a public tender and will carry out the expansion of the Kaunas Airport passenger terminal. The value of the contract is EUR 17.7 million (excluding VAT). The contractor is expected to start work in the first quarter of 2024 and finish in mid-2025. The […]

Ogdensburg International Airport Modernization Project Underway

Governor Kathy Hochul announced in December that work is underway on a project to transform the Ogdensburg International Airport into a regional transportation hub that will attract new travelers to the area and fuel economic growth throughout the North Country. The project, which was awarded $18 million from the Governor’s $230 million Upstate Airport Economic […]

Passenger traffic inching towards full recovery in October

ACI EUROPE today released its air traffic report for October 2023. Passenger traffic across the European airport network continued to defy inflated air fares and geopolitical tensions in October – with an increase of +11.7% compared to the same month last year. This resulted in volumes standing at just -1.7% below pre-pandemic levels (October 2019). […]

New CFO joins Lithuanian Airports team

Petras Akstinas has joined the Lithuanian Airports team. A specialist in accounting and finance for almost three decades, he will take up the position of Head of the Finance Department of Lithuanian Airports at the end of November. Prior to joining the Lithuanian Airports team, Mr Akstinas held senior finance management positions in petroleum products […]