Airport News - Asia / Pacific.Jan 22, 2007 Centre for Asia Pacific Aviation called 2006 a "bumper year for airport transactions, with 15 major airports/airport groups privatized," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the consultancy's "Global Airport Privatization privatization: see nationalization. privatization Transfer of government services or assets to the private sector. State-owned assets may be sold to private owners, or statutory restrictions on competition between privately and publicly owned " report issued last week. Executive Chairman Peter Harbison said airport privatization "looks set to continue" this year, though he cautioned that 2007 transactions are more likely to be "secondary trade sales than first-time privatizations." He pointed to, among other possible transactions, BAA preparing to sell its Australian airport holdings and the "breakthrough in the US airport sector" of Chicago Midway potentially being leased to private investors. Jan 15, 2007 Air India Air India (formerly Air-India, Hindi: एअर इंडिया) is the national flag carrier of India with a worldwide network of passenger and cargo services. , Singapore Airport Services Air India JV To Invest In Cargo Hub. State-run carrier Air India said on Friday a joint venture with Singapore Airport Terminal Services will invest 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. 800 million rupees (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. $18.1 million) to set up a cargo handling facility in Bangalore. The facility, to be constructed by January 2008, will have the capacity to handle 150,000 tonnes of cargo, an Air India statement said. It would also handle perishable and specialized cargo including courier and mail. Air cargo is gaining importance in India with the entry of large retailers and rising demand for fresh food and vegetables. Jan 19, 2007 Singapore Changi Singapore Changi posted record traffic in 2006 with 35.03 million passengers, up 8%, and 1.9 million tonnes of cargo, up 4.2%. Jan 17, 2007 Sydney Airport Australia Consumer and Competition Commission and the Foreign Investment Review Board are examining the deal on a range of complex issues, including the cross-ownership of Sydney Airport by APA (All Points Addressable) Refers to an array (bitmapped screen, matrix, etc.) in which all bits or cells can be individually manipulated. APA - Application Portability Architecture leader Macquarie Bank. FIRB FIRB Foreign Investment Review Board (Australia) FIRB Far Infrared Background FIRB Flight Information Region Boundary may not approve the deal if they are deemed associates. Reports from both bodies are expected in late February. Deputy leader of the governing Liberal Party and Treasurer Peter Costello then will consider the case on national interest grounds, but that review may take some time. In 2001 Costello took six months to reject the bid by Anglo-Dutch oil giant Shell for Australia's Woodside Petroleum. Jan 8, 2007 Thai Don Muang Airport Airports of Thailand For Airports in Thailand, see . Airports of Thailand plc. (abbreviated AOT) is a large Thai public company, handling several national airports. Established on September 30th, 2002 privatised from state-owned Airports Authority of Thailand last week approved the use of Don Muang Airport for domestic flights with no international connections beginning in March, according to press reports. Don Muang was to have been closed to commercial traffic in September when the new Suvarnabhumi Airport opened for business The Bangkok Post said reopening DMK DMK Denmark DMK Dravida Munnetra Kazhagam (political party in the state of Tamil Nadu, India) DMK Dystrophia Myotonica Kinase DMK Deluxe Mounting Kit (CB radio) DMK Dynamic Management Kit , which now handles only charter flights, would give airport officials "flexibility" to solve problems at the new facility. Jan 15, 2007 01/22/2007 Z Editor: Aram Gesar, eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact 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 Jan 8, 2007 |
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