Portugal's Council of Ministers approved (18-Oct-2012) decrees on the privatisations of airport operator ANA Aeroportos de Portugal and national carrier TAP Portugal. The council also adopted a resolution formally establishing Synergy Aerospace as "the potential investor of reference" in TAP. Regarding ANA, the Council stated, "The approval of this legislation seeks to give consistency, namely legal certainty, to regulation related to the management of the airport sector." The decree covers the airports operated by ANA, which include Lisbon Portela International Airport, Porto Francisco de Sá Carneiro Airport, Faro Airport, Ponta Delgada João Paulo II Airport, Santa Maria Vila Do Porto Airport, Horta Airport and Flores Santa Cruz Airport. The decree also covers ANA's concession at Beja Airport. [more - original PR - Portuguese]
TAP and ANA privatisation and Synergy bid approved by Portugal Council of Ministers
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Current indications from data filed with OAG are that Europe will also experience accelerating capacity growth in the winter 2016/2017 season, which runs from 30-Oct-2016 to 25-Mar-2017. Adjusting for the season being shorter by one week relative to last winter, total seat growth in Europe is set to reach 7%, compared with 6% growth in winter 2015/2016 (and 6% growth in summer 2016). This is higher than the 10-year average rate for winter of 3% and the highest winter growth since 2007/2008.
On routes to all but one region from Europe, seat growth this winter will both be faster than last winter and higher than its 10-year average. The one exception is Europe to Middle East, the fastest-growing region, where capacity growth will remain at 10%. This report presents analysis of this winter's seat growth for Europe by region and by airline group.
CAPA Airport Finance & Privatisation Review 2015/2016. The day has come for PPPs
CAPA's 170-page "Global Airport Finance and Privatisation review 2016 – the day has come for the PPP" is is the fourth in a series of CAPA reports on airport privatisation and investment published since Jan-2015.
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In a world where obtaining a viable return on investment remains a difficult task it is evident that investor sentiment once again favours long term transport infrastructure. Airports are among the well tested models for investment.