Fraport AG expects to complete the sale of its stake in Pulkovo Airport (LED) in St. Petersburg in the coming days. A corresponding share purchase and transfer agreement has been concluded. The completion of the share transfer only requires the registration of the change in ownership in the Russian register of companies. The transaction is expected to be finalized within a few days. Fraport CEO Dr. Stefan Schulte said: “With this transaction, we’re ending our involvement in Russia. Our goal has … [Read more...] about Fraport ends involvement at Pulkovo Airport
Airports
Ahlex – Aviation Hub for Learning & Experience becomes the new standard for aviation training
After two years of intensive work, Ahlex has become a reality - a hub where the future of aviation takes flight. Nestled in the heart of Brussels Airport, Ahlex champions talent development through innovative learning experiences while fostering collaboration and connection. Aviation professionals here unlock groundbreaking skills and explore fresh opportunities for growth. Spanning 4,200 m², the facility boasts state-of-the-art training spaces, an inspiring experience center, and cutting-edge … [Read more...] about Ahlex – Aviation Hub for Learning & Experience becomes the new standard for aviation training
HKIA triumphs in renowned international cargo awards
Hong Kong International Airport (HKIA), the busiest cargo hub in the world, received several prestigious international accolades, in recognition of its excellent cargo service efficiency, innovations, and initiatives on sustainability. HKIA was named “Cargo Airport of the Year - Asia Pacific” and “Air Cargo Technology Provider of The Year” at the 11th Payload Asia Awards, held in Singapore. It is the third consecutive year that HKIA was recognised by Payload Asia as the most outstanding … [Read more...] about HKIA triumphs in renowned international cargo awards
HKIA commissions Three-runway System
The Three-runway System (3RS) at Hong Kong International Airport (HKIA) was commissioned on 28 November 2024, marking a new milestone in Hong Kong’s aviation development. All three runways have started operating simultaneously, providing the expanded capacity for HKIA to strengthen Hong Kong’s position as a major international aviation hub further. HKIA’s target is to serve 120 million passengers and handle 10 million tonnes of cargo annually in about 10 years from now. The commissioning … [Read more...] about HKIA commissions Three-runway System
Airport Authority Hong Kong acquires shares in Zuhai Airport
Airport Authority Hong Kong (AAHK) signed an agreement with Zhuhai Transportation Holding Group in Zhuhai on acquisition of shares in Zhuhai Airport. Under the Agreement of Shares Acquisition, AAHK will invest around CNY4.3 billion to acquire 35% of Zhuhai Airport's shares, with a view to promoting further cooperation between Hong Kong International Airport (HKIA) and Zhuhai Airport, as well as the development of a world-class airport cluster in the Greater Bay Area (GBA) and the region’s … [Read more...] about Airport Authority Hong Kong acquires shares in Zuhai Airport
Passenger and cargo traffic continue to grow steadily at HKIA in October
Airport Authority Hong Kong (AAHK) released the air traffic figures for Hong Kong International Airport (HKIA) for October 2024. During the month, HKIA handled 4.55 million passengers and 31,625 flight movements, representing year-on-year increases of 21.3% and 20.3%, respectively. Traffic growth remains steady in all passenger segments. Hong Kong residents, visitors, as well as transfer and transit passengers, experienced double-digit year-on-year increases in October. Traffic to and from … [Read more...] about Passenger and cargo traffic continue to grow steadily at HKIA in October