Grupo Mexico, a mining company, stated it will appeal against the government’s rejection of its bid to build an airport in the Riviera Maya tourist destination on Mexico’s Caribbean coast (Reuters/Travel Weekly, 01-Jun-2011). Grupo Mexico stated it felt “obliged” to fight the decision made by the Mexican Communications and Transport Ministry, arguing the reasons for rejection were not sound. Grupo Mexico formed one of the two bidding contorsia for the site with airport operators Grupo Aeroportuario del Pacifico (GAP). The ministry did not say if or when the bidding process for the USD255 million airport project could or would be relaunched.
Grupo Mexico to appeal against government’s rejection of resort airport bid
You may also be interested in the following articles...
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.