airport

Fitch affirms Alaska Int’l Airport System’s A+ rating

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Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to exhibit … [Read more...] about Fitch affirms Alaska Int’l Airport System’s A+ rating

Fitch affirms Alaska Int'l Airport System's A+ rating

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Fitch Ratings has affirmed the 'A+' rating on the State of Alaska's Alaska International Airport System (AIAS, or the system) approximately US$551 million of revenue bonds. The rating outlook for all bonds is stable. The rating reflects AIAS's strong market position for cargo activities, a monopoly for air service within the state albeit supported by a modestly sized traffic base, conservative debt structure, and management’s continued prepayment of debt. Cargo volume continues to exhibit … [Read more...] about Fitch affirms Alaska Int'l Airport System's A+ rating

4th runway for Frankfurt but night flights a problem

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The Frankfurt airport has been cleared for expansion by a German court after years of trying to get the expansion approved. As a result the airport can soon start building a fourth runway north of the current airport perimeter with an opening date of 2012. But Frankfurt's operator, Fraport and the main operator Lufthansa, also have to deal with the court's preliminary statement that the planned night flight restrictions are not far reaching enough. With Lufthansa's growth rates constrained … [Read more...] about 4th runway for Frankfurt but night flights a problem

Frankfurt cargo down 25% in December

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Freight traffic at Frankfurt airport dropped by 25 per cent in December from a year ago - the third successive monthly decline at Europe¡¯s largest air cargo hub - as the global economic downturn slashed German exports. The cargo contraction, to around 142,000 tonnes, was three times the rate of decline in November and nearly five times the year-on-year decrease in tonnage in October which had brought nine months of solid growth to an end. Fraport AG, Frankfurt¡¯s operator, is expecting … [Read more...] about Frankfurt cargo down 25% in December

AirAsia opts for own KL airport

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Malaysian budget carrier AirAsia has unveiled plans to shift to its own US$460 million airport outside Kuala Lumpur, abandoning the current budget terminal next to Kuala Lumpur's main international hub. The move has thrown into doubt the national airport operator's plans to build a new Low Cost Carrier Terminal next to Kuala Lumpur International Airport (KLIA), to replace the existing facility that opened in 2006. AirAsia has rapidly outgrown the existing terminal adjoining KLIA, which has no … [Read more...] about AirAsia opts for own KL airport

Thailand’s Suvarnabhumi airport resumes full operations

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Thailand's main international airport has officially resumed full operations, two days after anti-government protesters left the site. The People’s Alliance for Democracy (PAD) anti-government protesters ended their occupation at both Suvarnabhumi International Airport and Don Mueang Airport Wednesday, but airport authorities had to re-certify the airport in accordance with internationally-recognised standards and guidelines established by the International Civil Aviation Organization … [Read more...] about Thailand’s Suvarnabhumi airport resumes full operations