CAAC announced (07-Apr-2011) plans to construct 56 airports in the next five years. Head of CAAC Li Jiaxiang said China plans to increase its capacity to transport an estimated 450 million passengers p/a and to reach this goal, USD 230 billion (CNY1.5 trillion) will be invested in the next five years (Xinhua, 07-Apr-2011). With the investment, the number of airports in the nation is expected to reach 230 while the aircraft fleet will likely be more than 4500 units.
China to construct 56 airports in five years
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Havana Jose Marti International Airport: Exciting times and the opportunity to become a regional hub
As a result of the restoration of diplomatic relations between Cuba and the United States of America the US President Barack Obama visited Cuba in Mar-2016. In his speeches he placed heavy emphasis on youth, generational shift and the future (the main protagonist of the old guard, Fidel Castro, rejected Obama's visit and his words of reconciliation). This has whetted the appetite of airlines, airport operators, ATM providers and investors seeking opportunities there.
Indeed, and even though Cuba has long been receiving flights from many countries if not from the US (where only ‘special circumstances’ applied), it is possible to bracket these events with other similar outcomes in countries such as Iran and Myanmar. Suddenly, Cuba is ‘open for business’ in the eyes of the western world, but that might not quite be the case. There is a long way ahead and there is a lot to be done, with no guarantees.
This report, while dealing briefly with wider aviation and, indeed, economic issues arising out of the rapprochement, focuses on the country’s leading airport, Havana’s Jose Marti International - and how it stands to gain from these developments; particularly if it could become a regional hub.