31 Oct 2018

Seven bidders for US$575 million airport PPP in India

Andhra Pradesh Airports Development Corporation (APDCL) has received seven responses to a Request for Qualifications (RFQ) for the development of a greenfield international airport in the state, located in the south-east of India. The estimated total investment of the project is INR42 billion (US$574.6 million). To be located in Bhogapuram,

25 Oct 2018

US$2 billion contract approved for rent-a-car facility P3 at LA airport

Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved a 28-year contract for L.A. Gateway Partners (LAGP) to design, build, finance, operate, and maintain a consolidated rent-a-car (ConRAC) facility at Los Angeles International Airport (LAX), located in southern California, USA. The approved not-to-exceed value of the contract

22 Oct 2018

Strategic partner sought for fourth largest airport in Indonesia

PT Angkasa Pura II (Persero), a state-owned enterprise responsible for the management of airports in western Indonesia, has launched a selection process for a strategic partner to co-manage and co-invest in Kualanamu International Airport (KNO), located in Deli Serdang, North Sumatra. The selected strategic partner will support a planned expansion

03 Oct 2018

GMR wins tender to upgrade and operate Nagpur Airport in India

GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd., has announced that it has emerged as the highest bidder for the development, operations and management of Dr. Babasaheb Ambedkar International Airport, located in Nagpur, Maharashtra, central India. MIHAN India Limited (MIL), a joint venture between Maharashtra Airport Development Company (a

26 Sep 2018

US Business Council pushes to replace scrapped US$1.1 billion privatisation of local airport

The Business Council of Westchester, a business membership organisation in Westchester County, New York, has launched the Coalition for Westchester Airport to campaign to implement a public-private partnership (PPP) to operate the local airport. In 2017, three companies submitted proposals for the privatisation. Macquarie Infrastructure was selected by the County

25 Sep 2018

Letter of Award for US$600 million airport PPP issued by the Greek government

GMR Group has announced that the Government of Greece has issued Letter of Award to a consortium of GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd, and TERNA Group for the development, operations and management of a new international airport of Heraklion at Crete. The existing airport at Heraklion,

19 Sep 2018

Council proposes public/private partnership to own, operate county airport

The Business Council of Westchester unveiled a proposal Tuesday to form a public-private partnership that would own and operate the Westchester County Airport. The council says its proposal is somewhat different than that of former Westchester County Executive Rob Astorino because it still wants to privatize the airport, but also

18 Sep 2018

US$1.6 billion offered for 20-year extension by Athens airport concessionaire

The offer was submitted by Athens International Airport SA (AIA) and provides for a total price of EUR1.3826 billion (US$1.6 billion), including VAT. The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) has approved a new offer for the 20-year extension of the concession agreement of Athens

12 Jun 2018

EBRD shows interest in financing Belgrade airport’s expansion

The European Bank for Reconstruction and Development (EBRD) is interested in providing financing for the expansion of Serbia’s Belgrade Nikola Tesla airport, EBRD vice president Alain Pilloux said. “The Nikola Tesla airport is a public-private partnership. There is a private sector company and there is also a link with the state

01 Jun 2018

Kenya Airways could merge with the Kenya Airports Authority

Kenya’s national carrier, Kenya Airways (KQ), may soon be merging with the Kenya Airports Authority (KAA) as part of a recovery plan for the struggling airline. The strategy aims to deepen KQ’s recovery and reposition Nairobi as a transport hub for the region. The plan is outlined in a policy