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Low Cost Airports - AirAsia to help build new Malaysian low cost airport

7-Jan-2009

Several airports, notably in countries such as Malaysia with a strong LCC presence, continue to announce plans to provide and expand dedicated LCC infrastructure. However, some LCC-focused airports are beginning to feel the negative effect of the economic slowdown, and the associated bankruptcies and capacity reductions by LCCs. So far, the hardest hit airports have been in Europe, with Copenhagen Airport (with the collapse of Sterling), Riga International Airport and Warsaw International Airport all feeling the pressure in the past couple of months. [2211 words]

Unlock the following content in this report:

Subheadings:

  • Asia Pacific
  • AirAsia to help build new Malaysian low cost airport
  • MAHB to be impacted by KLIA East @ Labu
  • MAHB expanding existing LCCT facility
  • ...and strikes back with new LCCT plans
  • LCCT for Thailand?
  • Europe
  • Copenhagen Airport hit by Sterling Airlines demise; but Norwegian Air Shuttle and Transavia partly filling the void
  • Polish Airport Authority to close low-cost focused Etiuda Terminal at Warsaw International Airport
  • Riga International Airport postpones LCCT plans
  • Dusseldorf International Airport opens connecting passageway as part of Air Berlin hub expansion
  • Shareholders of The Low Cost Airport Group form JV with La Centrale Finanziaria Generale

Graphs and data:

  • Location of Labu (denoted with red A)
  • Copenhagen Airport capacity share (%) prior to Sterling collapse
  • Copenhagen Airport revenue, EBITDA and passenger growth (% change year-on-year): 1Q07 to 3Q08
  • Warsaw International Airport capacity share (seats per week as % of total): Week commencing 05-Jan-09
  • Riga International Airport capacity share (seats per week as % of total): Week commencing 05-Jan-09
  • Riga International Airport passenger growth (millions): 1993 to 2008
  • Dusseldorf International Airport capacity share (seats per week as % of total): Week commencing 05-Jan-09
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