In the wake of the global pandemic, the aviation sector has experienced varied recovery rates, with London Southend Airport (Southend) enduring significant challenges. Morningstar DBRS reports on the precarious situation facing Southend as it navigates financial restructuring and operational hurdles. As of April 2024, Southend’s journey towards financial stability encountered a critical phase with Esken
Auckland Airport has revealed a new welcome for customers at its international terminal, featuring the return of a life-like statue of renowned New Zealand aviator Jean Batten, as part of a significant upgrade to the outdoor plaza. The old main carpark outside the international terminal has been transformed into a 19,500m2 outdoor plaza, aiming to
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
