Morningstar DBRS, a global credit ratings business, has released a commentary exploring the potential impact of climate change on the airport sector, stating that the near-to-medium term impact is expected to be low. The report highlights that climate change risk entails both physical and transitional risks that could potentially affect an issuer’s business and financial
The sale of Goulburn Airport, a general aviation facility located between Sydney and Canberra, is being managed by Ashby York, a real estate firm. Located 7 km south of Goulburn, the airport offers connectivity to major transport routes, including the M1 motorway, facilitating access for aircraft operations and passengers. The airport features a mix of
The Airports Council International (ACI) World, in collaboration with Amadeus, a leading travel technology company, today unveiled the winners of the Airport Service Quality (ASQ) Awards, highlighting the best airports worldwide for customer experience as rated by passengers. The ASQ program is internationally recognized for its comprehensive, scientific approach to measuring and benchmarking airport customer
The gateway to Iceland’s scenic north, Akureyri International Airport, has marked a significant milestone in its expansion efforts. A new terminal dedicated to international flights was inaugurated in late February, offering the first arriving passengers from Voigt Travel and Transavia an enhanced travel experience. This improvement is part of an ongoing project to expand and
Turkish Airlines has achieved a landmark moment in its 90-year history by landing in Melbourne for the first time, establishing a direct route to Istanbul and providing access to Europe, the Middle East, and Africa. This new service positions Melbourne as Turkish Airlines’ 346th destination, marking the first Australian city to be included in its
A recent report has highlighted a significant safety concern at Gold Coast Airport, where international flights have been operating with inadequate aviation firefighting protection in violation of international aviation safety regulations. This ongoing issue is primarily due to a shortfall of aviation firefighters, posing a substantial risk to air travellers’ safety. From December 2023