Airports across Asia-Pacific and the Middle East are preparing for nearly 7% annual air travel growth over the next 25 years. To support sustainable development, the 2nd ACI Asia-Pacific & Middle East Regional Assembly in New Delhi adopted a resolution promoting the optimisation of current capacity and the expansion of new infrastructure.
Paving the way for fostering economic growth and regional development, Honourable Chief Minister of Andhra Pradesh Shri Y S Jagan Mohan Reddy laid the foundation stone for Bhogapuram International Airport today in the presence of state ministers, senior government dignitaries and senior officials from GMR Group.
Newcastle Airport is embarking on a significant expansion plan, in partnership with Commonwealth Bank, which is acting as sole financier. The $240 million deal includes the expansion of Newcastle Airport to enhance domestic capacity and develop a new international terminal and finance to accelerate the activation of Astra Aerolab including the construction of commercial A-grade office and industrial facilities subject to current development applications.
Airfares in Asia-Pacific and Middle East surged as nations emerged from pandemic-related restrictions, according to the Airports Council International (ACI) Asia-Pacific’s latest Airport Industry Outlook.
At the CAPA India Aviation Summit in New Delhi on the 22 March 2023, ACI Asia-Pacific DG Stefano Baronci delivered a key note address at the Summit.
Auckland Airport is underway with its biggest redevelopment since the airport opened in 1966 with a brand-new domestic terminal to be fully integrated into the international terminal. “This is a major investment for Auckland Airport, one which we have been working towards for many years,” said Patrick Strange, Auckland Airport’s Chair.
The touchdown of China Southern Airlines CZ305 this evening at Auckland Airport marks the ramping up of Chinese airline capacity and visitation to New Zealand.
The global aviation industry is on track for a strong recovery this year, Bahrain Airport Company (BAC), Airports Council International (ACI) World, and ACI Asia-Pacific announced during a joint press conference ahead of the ACI World Governing Board, World Audit Committee, and World Executive Committee meetings. BAC is, for the first time, hosting the strategic meetings, which are being held in Bahrain from March 3 to 4 2023 and provide a platform for senior decision-makers to explore ways of enhancing cooperation between airports, international aviation organizations, and their strategic partners.
Improved earnings driven by higher passengers, improvement in cost efficiency, reduction in utilisation fees and better share of results from associates and joint ventures
The transition to a post-pandemic environment with significantly more people travelling through Christchurch Airport has resulted in the airport company recording a stronger than forecast first half year result to 31 December 2022.
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