The winners of bids to operate three of Brazil’s main airports may actually turn out to be the real ‘losers’ as hidden costs begin to bite, the head of a leading Latin American airport investor has warned.
Boston Logan operator, Massachusetts Port Authority (Massport), today approved a rolling five-year programme of more than $1 billion to fund 340 projects as part of the its fiscal year 2012-2016 comprehensive financial plan of capital improvements.
Changi Airports International (CAI) is in talks to buy a 26% stake in the airport business of GVK Power & Infrastructure, according to newspaper reports in India.
Abu Dhabi Duty Free (ADDF) sales are set to hit an all-time high of $175 million (+15%) in 2011 as the clamour for luxury retail goods continue to soar across the Middle East.
The construction of a second airport for Mexico City should be a top priority as part of a $38 billion revamp of the nation’s transportation infrastructure, according to a leading academic.
Guatemala’s decision to create a council to promote public-private partnership (PPP) infrastructure projects could open the door for international companies to invest in the country’s airports.