Airport News - Europe.Mar 5, 2007 Storms force some carriers to cancel weekend flights. A winter storm forced airlines to cancel more than 200 flights at Chicago's O'Hare International Airport O'Hare International Airport is an airport located in Chicago, Illinois, United States, 17 miles (27 km) northwest of the Chicago Loop. It is the largest hub of United Airlines (whose headquarters is in downtown Chicago) and the second-largest hub of American Airlines (after . Meanwhile, efforts to remove snow delayed flights at airports in the Washington, D.C., area. JetBlue on Monday canceled 68 flights at New York's Kennedy Airport because of an expected new snow storm. Feb 26, 2007 Aeroports de Paris, Beijing Capital International Airport Beijing Capital International Airport (Simplified Chinese: 北京首都国际机场; Traditional Chinese: Aeroports de Paris sold its interest in Beijing Capital International Airport Co. for HK$1.97 billion ($252.1 million) through an accelerated placement with institutional investors. ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. held 16.2% of BCIA's Hong Kong-listed shares. The French airport operator did not disclose its reason for offloading its stake but said it "reaffirms its willingness to accompany the Chinese authorities in their development of airports in China, in particular at the regional level." Mar 1, 2007 KrasAir, AiRUnion The city of Krasnoyarsk is investing $550 million in the rebuilding of its airport, which it intends to transform into a transportation hub Transportation hub is a location where traffic is exchanged across several modes of transport. These modes may include any of railway, tramway, rapid transit, bus, automobile, truck, airplane, spacecraft, ship, ferry, pedestrian or any other kind of transportation. for central Russia. Private investors contributed 45% and the remainder is coming from the government. Construction will commence this year. The airport has a current capacity of 2 million annual passengers and eventually should handle up to 10 million. Aircraft movements should grow from 12 per hr. to 60. No schedule for completion of the work has been released. Yegorov expects 10% annual passenger growth through 2014 for AiRUnion alone. "We expect that 2.4 million of our 8 million passengers by 2015 will be transit passengers. We think this is a realistic timeframe," he said. . Feb 28, 2007 London BAA, Ferrovial British airport operator BAA's owner Ferrovial posted 2006 net profit of EUR EUR In currencies, this is the abbreviation for the Euro. 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. 1.43 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. $1.88 billion) for the year, up 242.6 percent. Ferrovial said EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of EUR2.32 billion euros (USD$3.05 billion) on Monday, up 105.6 percent year-on-year. Analysts had said it was hard to predict the bottom line because of various asset sales Ferrovial made in 2006, including Bristol Airport Bristol Airport may refer to:
London BAA, Ferrovial The results of British airport operator BAA's owner Ferrovial 's former property arm, which it sold for EUR1.6 billion (USD$2.1 billion) last December, were included in net profit, but not in other categories, in accordance with accounting norms, the company said. The BAA acquisition, together with purchases since 2005 of Indiana Road Toll and Swissport, helped Ferrovial's international sales rise by 87.7 percent, compared to overall sales growth of 48.5 percent to EUR12.35 billion (USD$16.3 billion). Ferrovial International sales provided 59 percent of revenue, the first time Ferrovial has made most of its income outside Spain, the company said. Ferrovial bought BAA last year, joining a stream of Spanish companies diversifying out of the country's construction sector, which analysts say could lose momentum after a decade of boom. Feb 26, 2007 Lufthansa, M&M Air Cargo air cargo: see aviation. Lufthansa Systems Lufthansa Systems AG is one of the world’s leading IT service providers for the airline and aviation industry. It has around 3,320 employees in several locations in Germany and offices in 17 countries and is headquartered in Kelsterbach near Frankfurt. will provide its ELWIS cargo handling solution to M&M Air Cargo Service of Bulgaria. ELWIS is part of LHS's AdvancedCargo suite. Mar 2, 2007 03/05/2007 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 Copyright [c] 2007 Air Travel Media / Pyramid Media Group. All rights reserved. Feb 26, 2007 |
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