China's Haikou Meilan International Airport stated (13-Aug-2013) its new international terminal commenced operations on 14-Aug-2013. Following more than two years of construction work (work commenced on 18-Apr-2011), the new terminal building is located on the east side of the existing terminal and will cater for all international services. The airport’s apron now accommodates 10 international services, increased from three prior to the expansion. [more - original PR - Chinese]
Haikou Meilan International Airport opens international terminal
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China launches airlines in Cambodia and Nepal, as it progressively shifts the regulatory balance
No country's airlines or governments own shares in more foreign airlines than China. Proposed investments into new airlines in Cambodia and Nepal would bring to 11 the number of foreign airlines known to have equity from a mainland Chinese airline or government. Airlines in Australia, Chile (the incorporated home of LATAM), Germany, Malaysia and the UAE each own or intend to own eight or nine foreign airlines. China's stakes in 11 foreign airlines is not quite the accomplishment the number may suggest. The investments are fragmented, stretching from Japan to Ghana to France, long-haul to low-cost to regional. The investments are typically uncoordinated and offer limited synergies.
Reasons to own airlines are varied but generally conform to a basic principle. For Australia and Malaysia, they own affiliates to expand the footprint of local LCCs Jetstar and AirAsia. Chile and Germany own airlines to increase the regional exposure of their heavyweights, LATAM and Lufthansa – and airberlin. The UAE's stakes seek to increase the global partners for Etihad Airways. China's airlines display more varied reasons, so its acquisitions will continue to grow. Undoubtedly with time more of China's stakes will become significant – and challenge global norms.
The Airport City, or Aerotropolis, concept comes to Africa. Funding will be key. Part 2
This is the second part of a report entitled "Airport investment in Africa - overlooked by airport and other infrastructure investors". The first part was published on 7-Aug-2014.
While the Airport City, or wider Aerotropolis concept, may have been identified originally in the US before moving into Europe and Asia Pacific (especially China) and while Africa may have been late to embrace it, the continent is no longer a slouch where these commercial, airport-oriented cities are concerned.
Necessarily sourcing income will be vital. The PPP model is probably key, but "teamwork" will be needed.