Auckland International Airport Limited (AIAL) has announced that it has bought a cornerstone stake in the smaller Queenstown Airport. AIAL has acquired a 24.99 per cent stake in Queenstown Airport for a total consideration of NZ$27.7m (A$22.4m). It also has an option to raise its stake to between 30 and 35 per cent up to
Infrastructure and Transport Minister Anthony Albanese has announced he has approved Moorabbin Airport’s 2010 Master Plan. Under the master plan, which covers development over the next two decades, Moorabbin Airport will, according to the Minister: “build additional aviation infrastructure such as hangars, maintenance facilities and parking bays, as well as provide for engineering and avionics
Sydney Airport has announced that it has introduced a free 0-15 minute time band at its international car park for drivers picking up and dropping off passengers from Terminal 1. Previously, users of the carpark were charged $7 for the first 0-15 minutes at the carpark. “This change has been made following the successful introduction
Sydney Airport has applied to the Australian Competition and Consumer Commission (ACCC) to allow it to increase security, passenger facilitation and runway charges for regional airlines for the first time since 2001. The proposed changes will see security charges rise three cents to 90 cents per passenger, passenger facilitation charges at Terminal 2 increase by
Auckland Airport has recorded a major boost in domestic passenger traffic during May as international traffic saw only a small increase. The airport recorded a 7.1 per cent growth in domestic passengers, despite a one per cent decrease in domestic aircraft movements. International traffic managed growth of 1.3 per cent as major growth in arrivals
Sydney Airport Corporation Limited (SACL) and Beijing International Airport Co Ltd (BIAC) signed a memorandum of understanding which will establish a sister airport relationship at a ceremony in Beijing on June 3. SACL CEO Russell Balding, who attended the event alongside BIAC CEO Zhang Guanghui, said that the relationship was based on sharing knowledge and
