CAPA's new airport capex database identifies USD320 billion in funds allocated worldwide
On the occasion of the joint ACI EUROPE & ACI WORLD Annual Assemblies, Congress and Exhibition, which took place in Istanbul early in Jun-2013, Declan Collier, President of ACI EUROPE and newly elected vice-chair of ACI WORLD's governing board, referred to the main challenges facing European aviation - and airports in particular. The main issue: there is not enough capacity, and funding is one key part of that equation. USD320 billion is currently allocated worldwide (USD70 billion in Europe) - but more is needed.
Meeting a demand for timely and accurate data on airport construction projects, CAPA has released the CAPA Airport Construction & Capital Expenditure Database - part of the new CAPA Airports Data Suite - now available in an online subscription. It tracks construction and capex updates daily and presents detailed information on infrastructure developments at all the world's commercial airports.
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