Malta International Airport will host the 19th ACI EUROPE Airport Trading Conference and Exhibition, which takes place at the Mediterranean Conference Centre, Valletta, on 26-28 April 2010. The airport’s €5 million terminal expansion plan includes an overhaul of the retail, catering and security areas, resulting in significant capacity increases both landside and airside. Having opened in mid-June, the airport expects to see commercial revenues accounting for almost one third of the total business by the end of next year. Louise Driscoll reports.
The 12th meeting of the ACI EUROPE Commercial Forum was held in Porto on 20 April, preceding the 18th ACI EUROPE Trading Conference & Exhibition. Ross Falconer and Robert O’Meara report. Additional reporting by Danielle Michel.
The inaugural ACI Airport Economics and Finance Conference was held in London on 10-11 February. The challenges being faced by airports, with global traffic forecast to drop by 4-5% in 2009 and the economic crisis affecting the financial sector that is so vital to the capital intensive airport industry, meant that the event, jointly organised by ACI EUROPE and ACI WORLD, could not have been more timely. Ross Falconer reports.
The new retail space incorporates luxury with high street shopping brands, to cater for both the business and budget traveller.
The short answer appears to be that investors are feeling little impact. Organisations such as Hochtief, Macquarie Airports and Balfour Beatty are enjoying considerable success, and are seemingly unaffected by the current economic climate. So, how have the ‘big players’ remained unscathed and can investors look ahead to a fruitful future? Michelle Meineke reports.