Puerto Rico reportedly plans to privatise Luis Munoz Marin Airport for USD1 billion, in a bid to reduce its USD3.2 billion deficit (AP, 06-Dec-2009). FAA rules state the funding received from the airport’s privatisation must be used for airport improvements. Puerto Rico has reportedly requested an exemption allowing the funding to be used to help its budget crisis. The FAA has 30 days to respond, providing 65% of the airlines at Luis Munoz Marin Airport back the government’s proposal.
Puerto Rico to privatise Luis Munoz Marin Airport
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Global commercial aircraft deliveries fell in 2016 as Boeing again outsold Airbus; 2017 to be a peak
The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
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.