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Nantes concession to be decided soon: part one – no new airport, but existing one to be improved

Nantes concession to be decided soon: part one – no new airport, but existing one to be improved
centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.

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Lucky for some - VINCI buys into OMA's 13 airports; consolidated as number 1 private sector operator

Lucky for some - VINCI buys into OMA's 13 airports; consolidated as number 1 private sector operator
centreforaviation.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from centreforaviation.com Daily Mail and Mail on Sunday newspapers.

United States , Latin America , Airport Privatisation Amp Ownership , Inci Airports Vinci Concessions , Ma Grupo Aeroportuario Del Centro Norte , Covid 19 ,

U.S.' Infrastructure plan needs P3s for airports to make a difference

Modernise and improve federal buildings – USD10 billion
Plugging oil and gas wells – USD16 billion
Climate technology – USD35 billion
Replacing every lead water service line in the US – USD45 billion
Pandemic preparedness – USD30 billion

Not clear which pandemic this refers to. ‘Preparedness’ is too late for this one, so the assumption must be that more are expected.
ACI is thankful for small mercies, though
And yet strangely, ACI-NA welcomed this drop in the ocean with open arms, saying, “We support President Biden’s infrastructure plan and the USD25 billion he would devote to modernising America’s airport infrastructure.” (Even though almost half that amount airports will get will go towards federal buildings). ....

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Hokkaido Airports Co takes full control of Hokkaido's 7 airports

Premium Analysis
The process of privatising Japan’s airports was slow to get going but has gained momentum since the first transactions in 2016. It is a huge process with, in theory at least, around 100 airports potentially to be part of the process and about 10 deals competed so far.
The one for the seven Hokkaido airports, which was finalised, on time, in Mar-2021 with the handover of the final five of them, is the most significant of all, because it involves multiple assets and facilities of different sizes. Now the consortium can get on with the job that it has pledged to do, and which includes increasing passenger numbers almost tenfold and spending billions of dollars. ....

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Airport financials, year end 2020 - grim but not disastrous

Premium Analysis
A trickle of annual reports and financial statements for airport operators is turning to a flood as the end of Feb-2021 is reached.
They make for grim reading, as expected. But it is not disastrous.
None are saying that they are on the verge of going bust. One big operator, which last year was talking in terms of having sufficient liquidity until the summer of this year, now cites 2023 instead. There has been recapitalisation and cost-cutting as operators adapt to the ‘new normal’. Multiple vaccine availability gives cause for hope.
The main message coming out of these reports, though, is that no two sets of circumstances are alike, which is why a few operators are able to carry on much as normal, while others (the majority) are a shadow of what they once were. ....

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