Glasgow Airport announced plans for a GBP11.2 million construction project at the airport in 2011 (BBC News, 08-Jan-2011). Glasgow’s owner, BAA, stated GBP5.9 million will be spent on the terminal building, including replacement of the original heating system, and the construction of new restaurants and a bar. BAA will also undertake a four-year, GBP2 million project to improve the main aircraft taxiway to the runway. The airport has suffered from declining passenger numbers in recent years but managing director Amanda McMillan maintained she was confident for the year ahead.
Glasgow Airport set for GBP11.2m makeover
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Global airport construction review 1Q2017 – focus on Latin America and Africa
The annual airport construction overview report for 2017 focuses on Latin America and Africa, two regions that are often overlooked but which make their contribution to the global total of activity. One of them, Africa, is surprisingly strong in new airport construction, as long as the funding can be found, which is no easy task.
The total known global investment on airport projects continues to grow, and hovers close to the USD1 trillion mark; and with Asia Pacific the overall leader.
There are, however, anomalies, with some regions witnessing many projects but small investment figures, and vice versa. This report attempts to explain those anomalies while offering a breakdown of the biggest projects in each region.
Airports - subject as always to the vicarious uncertainty of airline fortunes
CAPA’s 2016 outlook was against a background of unusually high levels of profitability for airlines.