Airport News - Asia / Pacific.Jul 30, 2007 Auckland Airport Auckland Airport Backs Dubai Offer. State-backed Dubai Aerospace Enterprise Wikipedia is not the place for advertisement or self-advertising. Dubai Aerospace Enterprise (DAE) was established in Dubai in February 2006, and is building a global aerospace, manufacturing and services corporation. offered to pay up to NZD NZD In currencies, this is the abbreviation for the New Zealand Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $2.6 billion (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $2.08 billion) for a controlling stake in New Zealand's Auckland International Airport Auckland International Airport (IATA: AKL, ICAO: NZAA) is the largest and busiest international airport in New Zealand serving over 12 million (some 7 million international and 6 million domestic) passengers a year, which is expected to more than double by 2025. , which was backed by the airport's board. Under the offer, which values the whole of Auckland Airport at NZD$5.6 billion (USD$4.5 billion), a new company will be created, in which DAE See digital audio extraction. will have a stake of 51 to 60 percent. DAE was set up last year by the government of Dubai and other interests. But the bid faces growing political opposition, and analysts said a counteroffer In contract law, a proposal made in response to an original offer modifying its terms, but which has the legal effect of rejecting it. A counteroffer normally terminates the original offer, but the original offer remains open for acceptance if the counteroffer expressly could be forthcoming given the high level of interest in the country's busiest airport. Jul 23, 2007 Australia Pacific Airports Pacific Airports Considering Auckland Airport Bid. Australia Pacific Airports (APAC APAC Australian Partnership for Advanced Computing APAC Agricultural Policy Analysis Center APAC Asia and Pacific APAC Asian Pacific American Coalition APAC Adapted Physical Activity Council (American Alliance for Health) ) said it was considering bidding for New Zealand's Auckland International Airport, which this week agreed to sell a controlling stake to Dubai Aerospace Enterprise. APAC owns Melbourne Airport and Launceston Airport in Tasmania state. APAC is owned by AMP, Deutsche Asset Management, Ferrovial's BAA and Westpac's Hastings Funds Management. Gulf state-backed Dubai Aerospace Enterprise offered to pay up to NZD$2.6 billion for a controlling stake in Auckland Airport on Monday. Under the offer, which values the whole of Auckland Airport at NZD$5.6 billion, a new company will be created, in which DAE will have a stake of 51 to 60 percent. DAE was set up last year by the government of Dubai and other interests. Jul 25, 2007 Australia Pacific Airports Australia Pacific Airports (APAC) said on Wednesday it was considering bidding for New Zealand's Auckland International Airport, which this week agreed to sell a controlling stake to Dubai Aerospace Enterprise. Jul 25, 2007 Deccan Aviation India's Deccan Aviation said a low cost airport can be built for less than INR INR In currencies, this is the abbreviation for the Indian Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 400 million rupees (USD$10 million) with smaller terminals and by doing away with frills Frills see frilled. such as plush buses to ferry passengers, the paper said. States such as Maharashtra, Kerala, Tamil Nadu , Assam and Orissa have started identifying land for low-cost airports and the Tata and GMR (Giant Magnetoresistance) See magnetoresistance. groups have expressed interest in developing no-frills airport, the report said. India, through partnership with private firms, is modernizing ageing airports designed in the 1950s to keep pace with rapid growth. Jul 27, 2007 Deccan Aviation Deccan Plans Stake In Airport Developer. India's Deccan Aviation, which runs budget airline Air Deccan, plans to take a stake in a consortium that will help identify and build low-cost airports in India List of airports in India, grouped by state (or territory) and sorted by location.
Dnata, Emirates Dnata, the ground handling arm of Emirates Group, signed a 15-year joint venture agreement with China West Airport Group to provide airport ground handling services at Xi'an Xianyang International Airport Xi'an Xianyang International Airport (Simplified Chinese: 西安咸阳国际机场; Traditional Chinese: . Under the JV, Dnata will hold 45% in Xi'an Dnata Aviation Services with the remainder owned by CWAG CWAG Coalition of Wisconsin Aging Groups CWAG Conference of Western Attorneys General CWAG Calculated Wild Ass Guess CWAG Cuyahoga Watershed Awareness Group (Mantua, OH) . Jul 27, 2007 Macquarie Airports, Japan Airport Terminal Macquarie Airports Buys Japan Airport Operator Stake. Australian investment fund Macquarie Airports said on Friday it was part of a consortium that had taken a 9.56 percent stake in airport operator Japan Airport Terminal (JAT). Macquarie said the total cost of the acquisition was JPY JPY In currencies, this is the abbreviation for the Japanese Yen. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 19.6 billion yen (USD$165.1 million) and its holding in JAT was 4.79 percent. JAT operates the three passenger terminals at Tokyo's domestic Haneda Airport and food and drink businesses at Narita and Kansai airports. Macquarie also has interests in airports in Sydney, Brussels and Copenhagen, and in the Birmingham and Bristol airports in Britain. Jul 27, 2007 Singapore Changi Airport Singapore Changi International Airport (Chinese: 新加坡樟宜国际机场; Pinyin: Xīnjiāpō Zhāngyí Guójì Jīchǎng) or Changi Moves Into China. Singapore's Changi Airport has announced a new strategic partnership with the Shenzhen Airport Group to develop regional airports across China. It is the first joint venture with a foreign company by the Chinese airports operator. Changi Airports International will hold a 49 percent stake in the venture giving it a foothold in the growing Chinese aviation market. Shenzhen will take the remaining 51 percent. Meanwhile Changi has reported a 5.4 percent year on year growth in passenger traffic in the first six months of 2007. The airport handled more than 17.7 million passengers during this period. Jul 23, 2007 Sydney Airport Sydney Airport Profits Reflect Strong Growth. Pre-tax profits at Sydney Airport surged by more than 11 percent to AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $585.8 million (USD$517.6 million) in the 2006/07 financial year. Growth in passenger traffic at Australia's largest airport was 6.4 percent but total revenue was up by 9.9 percent, reflecting improved yields from all commercial businesses. The results were achieved despite rising security costs and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Russell Balding said that the airport had achieved strong growth in revenue and earnings well in advance of passenger traffic growth, as a result of continued investment across all areas of the business. Jul 24, 2007 Sydney Airport Pre-tax profits at Sydney Airport surged by more than 11 percent to AUD$585.8 million (USD$517.6 million) in the 2006/07 financial year. Jul 24, 2007 Virgin Atlantic, Tokyo Narita Virgin Atlantic has opened a refurbished facility at Narita, Tokyo's international airport building on the success of its impressive Heathrow Clubhouse. The new design means that the Clubhouse's entire space has been opened up to create one large area but with different sections within this to provide privacy. The increased seating capacity means that there are now two sunken lounges that provide comfortable banquet seating and a raised sun deck seating area which means passengers will be able to get the most out of the natural light that floods into the area as well as having great views of the airport. Jul 23, 2007 ZZ Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. For more go to http://www.airguideonline.com/airline_tracker.htm Copyright [c] 2007 Pyramid Media Group / Air Travel Media. All rights reserved. |
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