The United States has incredibly busy airports – in fact, some of the busiest in the world. That’s good, because it indicates that many of the more than four billion global air passengers each year are flying in or out of America.
ACI World today emphasised the importance of investing in new and improved airport infrastructure to accommodate growth in traffic demand and maintain high levels of service expected by passengers.
ACI World today praised India's decision to seek a new wave of private investment to further develop the country's airport system.
Public Sector Pension Investment Board (PSP Investments) and Grupo Aeroportuario del Sureste (ASUR) today announced the acquisition of a 50% interest in Aerostar Airport Holdings LLC, operator of Luis Muñoz Marín International Airport in San Juan, Puerto Rico.
Oaktree Capital Management and Connor Capital today announced the creation of HPN Aviation Group (HPN-AG) which they hope will win the lease to operate and develop New York's Westchester County Airport.
The FAA has received a preliminary application to privatise Westchester County Airport under the Airport Privatization Pilot Program, a move which could pave the way for Oaktree Capital to take over the running of the New York gateway.
The Jamaican government is planning to privatise Kingston's Norman Manley International Airport.