Romania's Henri Coanda International Airport, located near Bucharest, announced plans to construct a new EUR70 million passenger terminal by late 2010, including 15 gates, increasing the airport’s capacity from 4.5 million to 6 million passengers p/a (World Interior Design Network, 15-Dec-2009). A new international arrivals terminal will be completed by Dec-2011. These projects are part of the EUR150 million Phase III of the airport’s expansion programme.
Henri Coanda International Airport to construct new passenger terminal by late 2010
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Wizz Air: city pair overlap with Ryanair on one third of seats. Opportunities for both; CASK crucial
Wizz Air and Ryanair are Europe's two lowest cost airlines, and most profitable airlines by operating margin. Together with Pegasus they form a small group of European ultra-LCCs. Unlike Pegasus, whose business concentrates on Turkey-Europe and domestic Turkey, both Wizz Air and Ryanair have bases in several countries.
However, while Ryanair is Europe's largest airline by seats, with a pan-European network and 84 bases, Wizz Air focuses on the niche between Central/Eastern Europe and Western Europe. All of Wizz Air's 25 bases are in Central/Eastern Europe, where it is the largest airline and Ryanair is number two. This superiority in CEE is based on Wizz Air's greater share of capacity in most of the larger country markets in the region (but not Poland), while in fact Ryanair is bigger in more (mainly smaller) countries.
In Jul-2016 Wizz Air faces Ryanair competition on 14% of its city pairs, covering 30% of its seats. Moreover, Ryanair is expanding rapidly in CEE, with five new bases this winter, increasing this overlap to around one third of Wizz Air's capacity. For Ryanair, the overlap represents a higher proportion of its CEE capacity, but only a very small share of its total seat numbers.
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.