Airport Construction: Overall expenditure on new and existing airports is not increasing
Both 2018 and 2019 saw the opening of a major new global-level airport, at Istanbul (Oct-2018) and Beijing Daxing (Oct-2019).
While the world waits with bated breath to see if Berlin Brandenburg Airport will actually open in 2020 this report shows that both the number of projects and the amount of capital expenditure on existing and new airports are not increasing substantially when it "needs to" according to industry organisations. Or does it?
While the CAPA Airport Construction Database has just over USD148 billion of capital expenditure being completed in 2020, overall cap ex investment in the industry appears to be peaking, along with the number of projects.
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