Plans for a new airport in Kyrgyzstan; the design for Incheon’s second terminal and the BAA’s successful entry into the US debt market are all on the radar in this week’s Airport World newsletter.
You can also read about Hong Kong International Airport’s soaring profits; ambitious plans to transform Fiji’s airport system; and the new-look duty free stores at Cambodia’s Phnom Penh and Siem Reap airports.
Kyrgyzstan to start building new airport in 2012
Kyrgyzstan will begin construction of its new Issyk-Kul International Airport in 2012, according to the country’s first deputy prime minister, Omurbek Babanov.
Incheon Airport chooses Heerim Architects for second terminal
Incheon Airport has selected a design by Heerim Architects and Planners for its second passenger terminal.
BAA raises $1bn with first entry into US debt market
BAA has successfully raised $1 billion through a 10-year US bond, in its inaugural transaction in the American dollar debt capital market.
Hong Kong International Airport sees profits soar 42%
The Airport Authority Hong Kong (AAHK) has announced that revenue at the airport increased 17.4% to $1.4 billion while return on equity increased to 11.1% from 7.8%.
Airports Fiji to spend $68m on upgrades
Airports Fiji Limited (AFL) has announced plans to spend $68 million over the next four years on upgrading the airports around the island.
Cambodia Airports revamps retail areas
Cambodia Airports has reopened the duty free outlets at Phnom Penh and Siem Reap international airports following a revamp and expansion of the retail area.
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