Australia’s Brisbane Airport Corp is reportedly considering a 10 or 15 year US private placement and a five to seven year Australian dollar bond sale in late 2010 or early 2011 (Bloomberg, 23-Mar-2010). Brisbane Airport expects to spend approximately USD1.2 billion on projects in the next five years, including USD459 million on Phase I of constructing a new runway. The company has five lines of Australian dollar bonds outstanding, including USD321 million due in Jun-2010. The company has arranged bank loans to repay those notes, and will weigh seeking further funding from lenders against selling bonds later this year.
Brisbane Airport seeks longer-term funding
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Iran CAPA Aviation Summit – hope turns to frustration, but optimism remains as growth abounds
When CAPA – Centre for Aviation held its first conference in Iran at the end of Jan-2016 the atmosphere was primarily one of optimism. Immediately preceding the conference the expectation was that Iran and the West would move to rapidly reverse decades of estrangement. The first round of sanctions against Iran had come down – in line with the historic 2015 Joint Comprehensive Plan of Action (JCPOA) nuclear agreement reached between Iran and the ‘5+1’ powers – and major airlines and aircraft manufacturers were coming to the table.
While it was acknowledged that progress on major deals was not going to happen overnight, the hope was that as layers of sanctions came down, Iran would be embraced by the rest of the world. In return, Iran was expected to open itself up progressively to foreign trade and investment, and to travel.
The road ahead was perceived to be one that was both a very different, and far easier, one than the one Iran had already travelled. Aviation in particular was a sector that was expected to shine and lead the way for a new era for the country.
Sydney to host CAPA Australia Pacific Aviation Summit in 2017
SYDNEY, 4 October, 2016 – CAPA - Centre for Aviation is pleased to announce that Sydney is set to play host to the CAPA Australia Pacific Aviation Summit in 2017, the region’s largest strategic aviation and travel industry event attracting up to 1,000 of the world’s leading industry executives to Sydney.
NSW Minister for Trade, Tourism and Major Events Stuart Ayres said the two-day Summit will provide a forum for strategic discussions on aviation issues across Australia and the Pacific region and showcase Sydney to the world.