BLOG SOBRE OPORTUNIDADES EN LOS MERCADOS TRAVEL RETAIL
Netherlands pension provider PGGM reportedly aims to form a consortium with Allianz, AG Insurance and Canada Pension Plan Investment Board to bid on a tender to acquire Macquarie Group‘s 36% stake in Brussels Airport (Skipr/Limburger/L’Echo/De Tijd, 28-Nov-2018). General Pension Group, also based in the Netherlands, aims to form a consortium with Queensland Investment Corporation to bid on the tender. The deadline for the tender is Jan-2019.
Source: The Blue Swan Daily
Queen Alia International Airport (QAIA) was first inaugurated in 1983 to become Jordan’s key access to the world.
Located 35 kilometres from the heart of the capital, Amman, it provides passenger, air cargo and aviation support services. It gives direct access to major business and travel destinations in Europe, Asia, North America and the Middle East, and heritage sites like Petra, the Dead Sea and the Wadi Rum Desert.
In 2007, under the terms of a 25-year concession agreement, Airport International Group (AIG) became responsible for the operation of QAIA, the rehabilitation of the airport’s facilities, and the construction of a new passenger terminal.
In addition to AIG’s total capital commitment of $850 million, funding was secured through the commercial arm of the World Bank, the International Finance Corporation (IFC), the Islamic Development Bank, a syndication of commercial leaders, and shareholder equity.
By 2012, the airport was serving 6.2 million passengers.
The new Foster+Partners-designed terminal was inaugurated in 2013 with the aim of increasing passenger capacity from 3.5 million to 9 million in phase one, and to 12 million in phase two. A few months later, ISO-certified QAIA became the second airport in the Middle East to gain airport carbon accreditation.
Groupe ADP took control of AIG by becoming a 51% shareholder in April. Its new co-shareholders are the infrastructure investment funds, Meridiam, and IDB Infrastructure Fund II. The Engineering and Development Group (Edgo) also remains a co-shareholder.
The French group has invested $265 million consolidating its position in the region and encrusting its DNA there, especially through ADP Ingénierie.
The group is exploring the possibility of further expanding QAIA’s capacity, which is well above 12 million per year today, given the growth forecasts in the short and medium term.
“We got the contract for the extension of Sharjah Airport in the United Arab Emirates as a result of our strong presence in the Middle East, epitomised by our approach for more geographical proximity and a long-term partnership with our customers,” said Gratien Maire, ADP Ingénierie CEO.
The company is also present in Oman, both in Muscat and Salalah, and at four other regional airports.
In addition to the upgrading of the C satellite at Dubai International Airport, ADP Ingénierie will be in charge of extension works at the passenger terminal of the new Al Maktoum International Airport.
It also won the contract for the extension of Bahrain Airport’s passenger terminal and the design of the new regional air traffic control centre.
Furthermore, Groupe ADP has a long-standing presence in Saudi Arabia. Since 2007, it has been operating and maintaining the Hajj terminal in Jeddah.
ADP Ingénierie has also designed the new Jeddah International Airport, which will be operational soon, and carried out studies and design for the modernisation of the security systems at 27 civil airports throughout the kingdom.
The Lebanese Government plans to put Beirut International Airport under concession and will launch a tender, most probably in 2019, to ensure the growth of this platform,” said Echegaray.
He added that Groupe ADP is very much interested in the privatisation programme under study concerning some of the kingdom’s airports.
Due to its geographical location, Turkey is another country with golden opportunities. The group has, thus, decided to strengthen its stake in TAV Airports, which operates more than 15 facilities in the region, including seven in Turkey. “This acquisition gives Groupe ADP a unique experience in international expansion and the implementation of airport concessions,” said Echegaray.
Even though, currently, there’s no greenfield airport project in the Middle East, all the countries need airport expertise to harmoniously combine efficiency and creativity with anticipated future challenges, while meeting immediate needs.
Source: Arabian Aerospace On Line News
Hellenic Duty Free Shops SA announced this week that investments for upgrade and expansion works at the airports of Rhodes, Zakynthos, and Chania, as well as projects including the extension of space at Heraklion Airport, were moving ahead following a relevant decision published in the Government Gazette.
The company has said it will be investing a total of 55 million euros to upgrade the travel experience at Greek airports, including the company’s refurbishment project at Athens International Airport, the revamp of the Duty Free area at Heraklion Airportinaugurated earlier this year, as well as the planned revamps at 14 regional airports managed by Fraport Greece.
Heraklion Airport. Photo: GTP
According to Hellenic Duty Free Shops SA, upgrade and expansion works are expected to be completed in the Extra-Schengen area of Rhodes Airport by April 2019, with projects at Zakynthos and Chania airports ready before that.
Hellenic Duty Free Shops SA’s development plan foresees the “walkthrough” model adopted by its parent company Swiss Dufry AG which ensures passengers have immediate access to the shops on their way to the gates.
In the meantime, following a November 15 general assembly, Hellenic Duty Free Shops SA named a new Board of Directors: Executive Chairman George Velentzas, Vice-chairman Julian Diaz Gonzalez, members: Jose Antonio Gea Puig and Pedro J Castro Benitez. The current board’s term expires on November 15, 2021.
Source: gtp Headlines
Airport terminals for low-cost carriers (LCCs) are targeted to attract inbound flights from new airlines, especially foreign ones, an airport expert stressed.
«Yes, this is one of the aims. There are still a lot of operating LCCs that are yet to fly into our airport,» said Muhammad Awaluddin, CEO of PT Angkasa Pura II, during a discussion panel in Jakarta, Thursday.
PT Angkasa Pura II is a state-owned enterprise that manages airports in several regions of Indonesia.
Low-cost foreign carriers that are yet to enter Soekarno-Hatta Airport in Jakarta include Viet Jet, Jeju Air, Malindo Air and Nok Air.
Awaluddin stated the concept of low-cost carrier terminal will be materialized during the revitalization process of Soekarno Hatta Airport`s Terminal 1 and 2.
The revitalization of the two terminals is scheduled to be completed in 2022. Some nine million more passengers per year are expected to use them, taking their capacity to 25 million per year.
The revitalization called for an investment of Rp2.7 trillion for terminal expansion and the addition of tools that support the digital concept and smart airport.
«It is scheduled to be completed some three years from now, but the implementation of the concept will be carried out next year,» he remarked.
He further mentioned that Terminal 1 is specifically dedicated to low-cost domestic flights, while Terminal 2 is designated for low-cost domestic and international flights. Terminal 3 is for domestic and fully-serviced international flights, while the use of Terminal 4 is yet to be determined.
«If Terminal 4 is ready, it will be easy for us to make arrangements,» he stressed.
Meanwhile, Terminal 4 itself is scheduled to be built in 2020, and the focus will be on determining its design next year.
Source: Antara News