The Canadian Airports Council(CAC) has expressed disappointmentthat the Canadian government's secondfederal budget has failed to address theissue of airport rent. "The rent omission represents aforgotten election campaign questionnairepledge from the Conservativesto lower the fee and tax burden onCanada's aviation sector," said CACpresident and CEO Jim Facette. "For a budget that implements majorelements of 'Advantage Canada',airport rent continues to be a disadvantagefor … [Read more...] about Airport rent affects Canada’s airports
AP II allocates funds for airport expansion
State-owned airport operator PTAngkasa Pura II has allocated Rp 2 trillion(more than $200 million) for thedevelopment of four of its airports aswell as taking over two other airportsfrom local governments. The airports included in the budget,are Kuala Namu in Medan, SultanSyarif Kasim II in Pekanbaru, SultanIskandar Muda in Aceh, and terminalIII of Soekarno Hatta InternationalAirport. It is not clear, however, if the amountwill cover the planned Air Cargo TranshipmentVillage (ACTV) project … [Read more...] about AP II allocates funds for airport expansion
Kansai Airport to raise cargo capacity
A report in the Yomiuri Shimbun saidthat Kansai airport aims to double thecapacity of its air cargo terminal whenthe second phase of its constructionopens on 2nd August 2007. The second phase includes a secondrunway and a taxiway connectingthe airport's terminal to the secondrunway. Construction plans for a secondtaxiway and new terminal buildingsare postponed until the number ofdepartures and arrivals at the airportreaches 130,000 a year. Further plans include the constructionof a … [Read more...] about Kansai Airport to raise cargo capacity
Vnukovo Airport builds cargo/mail terminal
Russia's Vnukovo Airport hasstarted building a new multipurposemail and cargo terminal. The terminalwill have an area of 57,000 sqm and athroughput capacity of 2,000 tonnes. The terminal capacity will enablethe airport to handle 150,000 tonnesof cargo annually. The warehousingfacilities will have total area of about17,500 sqm. … [Read more...] about Vnukovo Airport builds cargo/mail terminal
JV to manage Russian airports
A joint venture set up by ChangiAirport Management and SheremetyevoInternational Airport plans toparticipate in the management of tenairports in the Russian Federation. Changi has already become a consultantof the Pulkovo reconstructionproject and plans to co-operate in themanagement of the southern airportsowned by Basic Element. Sheremetyevo International Airportand Changi Airports International arein the process of setting up a jointventure to manage the first terminalof the Moscow … [Read more...] about JV to manage Russian airports
Seoul speeds up Incheon FEZ approvals
South Korea said that it will revampbusiness authorisation guidelines tohelp domestic and foreign companiesinvest more easily in the IncheonInternational Airport free economiczone (FEZ). The airport FEZ is one of the freeeconomic zones Asia's third-largesteconomy is pushing to develop as partof efforts to become a business hub inNortheast Asia. The free economic region, located40 kilometres west of Seoul, covers34,141 acres and will be developed by2010. It includes a bonded area … [Read more...] about Seoul speeds up Incheon FEZ approvals
