South Korea's Incheon International Airport Corp aviation marketing director Yuh Tae Soo said the company is interested in London Stansted if available for sale, according to Bloomberg and Business Times reports. "We lost out on Edinburgh, but we'd be interested in Stansted and we have a bid team that's watching the situation. We're looking at opportunities in Europe, Southeast Asia and around the world," he said. BAA CEO Colin Matthews has said he is still hopeful of retaining London Stansted in an appeal against a forced sale, and that the company has taken no steps towards a disposal.
Incheon International Airport interested in London Stansted
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Global Airport Development Conference 2016 report: Trump, Brexit, pipelines and PPPs. Part 1
The Global Airport Development (GAD World) conference was held in Lisbon, between 29-Nov and 01-Dec-2016. This CAPA report chronicles the presentations and debates that took place on the first two days, including selected ‘stream’ sessions on both days.
There was, inevitably, a political overlay to the event, with the (Jun-2016) UK referendum on continuing membership of the European Union (‘Brexit’), the (Nov-2016) election of President Trump in the US and associated ‘uncertainty’ dominating events.
Otherwise, the concern was, as always, the ‘pipeline’ of airport privatisation details, or rather the lack of them, while the hope was for the continuation of the trend towards PPP deals.