The airport industry briefing
The latest news, views and numbers you need to know this month
News in Numbers
$518m
The Federal Aviation Administration in the US has awarded around $518m in grants to improve critical infrastructure at airports across the country.
$3bn
Russian flag carrier Aeroflot is considering an emergency share issue with the aim of raising up to RUB185.2bn ($3bn), according to Reuters.
$1.14bn
Ferrovial is set to purchase a $1.14bn stake in New Terminal One, a consortium tasked with designing, building, and operating the new Terminal One at JFK International Airport in New York, US.
$100m
The Iowa Department of Transportation in the US has announced $100m in funding for commercial airports.
$45.5m
The Airports Authority of India is carrying out a facelift of the Surat International Airport in the Indian state of Gujarat with an investment of Rs3.53bn ($45.5m).
Projects
Second terminal to be built at BEY
Lebanon is planning to build a new terminal at Rafik Hariri International Airport (BEY) in Beirut with the aim of accommodating a projected increase in travellers.
According to an AP report, an international tender will be launched for the construction of the second airport terminal soon.
TATA Projects wins contract for NIA
TATA Projects has secured an engineering, procurement, and construction contract from Yamuna International Airport Private Limited for the Noida International Airport (NIA) in the Indian state of Uttar Pradesh.
The firm’s scope of work includes building the terminal, runway, airside infrastructure, roads, utilities and landside facilities, as well as other ancillary buildings at the new airport.
The company outbid both the Shapoorji Pallonji Group and Larsen & Toubro to win the contract.
Corgan selected for SAT terminal expansion
San Antonio Airport System has appointed architecture and design firm Corgan for offering airport terminal planning services as part of the Terminal Development Program at San Antonio International Airport (SAT) in Texas, US.
Quotes
AOA Chief Executive Karen Dee responds to the UK Transport Select Committee’s report 'UK aviation: reform for take-off':
“We join the Committee in calling for a comprehensive recovery package that allows our sector to recover sustainably and prevents the UK from falling behind our international competitors.
"This must include financial measures to help bring routes back across the UK, or we risk losing out to European airports that are financially better placed to attract airlines thanks to generous sector-specific government support during the pandemic.
“If government does not deliver this, the impacts are clear: people and businesses who depend on aviation for their own success will carry the heaviest burden."
In his keynote address at the Changi Aviation Summit, IATA director general Willie Walsh highlighted the importance of accelerating Asia-Pacific aviation recovery:
“Asia-Pacific is playing catch-up on restarting travel after Covid-19, but there is growing momentum with governments lifting many travel restrictions.
"The demand for people to travel is clear. As soon as measures are relaxed there is an immediate positive reaction from travelers.
"It is critical that all stakeholders, including governments, are well-prepared for the restart. We cannot delay. Jobs are at stake and people want to travel."
