(IN SHORT) The Shannon Airport Group has submitted recommendations to Ireland’s NDP review, advocating for strategic infrastructure investments in the Southern Region. Their key asks include Shannon Airport’s inclusion in the Regional Airports Programme for 2026–2030 to secure capital funding, expedited delivery of the Shannon Airport Rail Link for over 10,000 daily commuters, and… Read the full news article
(IN SHORT) PMV has reached an agreement to acquire Ontario Teachers’ Pension Plan’s 39% indirect economic stake in Brussels Airport Company, affirming the airport’s attractiveness to long-term public investors. The deal leaves direct shareholdings and strategic operations intact. OTPP concludes a successful 14-year partnership, having supported sustainable growth, crisis management and recovery efforts. PMV’s investment… Read the full news article
(IN SHORT) London Luton Airport (LLA) has appointed Lord John Hutton as the new Chair of the Board, a key move as the airport enters a pivotal phase of growth. LLA is set to increase its annual passenger capacity from 19 million to 32 million, and Lord Hutton will play a crucial role in supporting… Read the full news article
(IN SHORT) dnata and Jetstar have agreed to extend their partnership for another four years, expanding the agreement to include Jetstar Asia operations based in Singapore. dnata will continue providing inflight retail products across Jetstar’s extensive Asia Pacific network, offering a range of pre-order and buy-on-board options for millions of customers. The partnership is supported… Read the full news article
(IN SHORT) ACI World’s latest report highlights a continued disparity between the recovery of passenger traffic and total airport revenues. While passenger traffic nearly reached pre-pandemic levels in 2023, airport revenues still lagged by 11.4%. The report shows that while total airport revenues increased by 21.4% to US$146 billion in 2023, they remain below 2019… Read the full news article
(IN SHORT) Auckland Airport is set to discount its airline passenger charges over the next two years following the Commerce Commission’s final report on Price Setting Event 4 (PSE4). The discounts will adjust charges to approximately $9.00 for regional travel, $12.80 for domestic jet travel, and $38.90 for international travel, reflecting a revised targeted return… Read the full news article
Alexandria, Va., 2019-Sep-18 — /Travel PR News/ — With airlines collecting more than $1.5 billion in baggage fees in the second quarter of 2019 – yet another record high – the American Association of Airport Executives (AAAE) called on Congress to update the arbitrary federal cap on local Passenger Facility Charges to spur investment in… Read the full news article