Airport Consulting Weekly
Nov. 1, 2012

International air traffic underfunded by US, study says
Bloomberg
The biggest U.S. international airports provide a powerful economic engine and should receive a greater share of government aid, a report said. The number of international air passengers more than doubled to 163.7 million in 2011 from 75.5 million in 1990, according to a report published by the Brookings Institution, a Washington public policy group. More

A smarter, leaner approach to homeland security
The Washington Times
President Reagan had it right when he said, "The nearest thing to eternal life we will ever see on this earth is a government program." The unchecked growth of the Department of Homeland Security (DHS) is one of today's most striking examples. More

Why an airline that travelers love is failing
TIME
Virgin America is the equivalent of a TV show that's a hit with critics but risks being canceled because of failing to attract enough viewers. The San Francisco-based carrier is regularly voted to the top of "best airline" lists. But it is far from the best in the business at making money. More

After years of mismanagement during storms, US airlines have learned its best to cancel early
The Associated Press via The Washington Post
Hurricane Sandy has left more than 18,000 flight cancellations in its wake. Chaos at airports? Hardly. Not long ago, a powerful storm pounding the Northeast would have brought havoc to some of the nation's busiest airports: families sleeping on the floor amidst mounds of luggage; passengers stuck for hours on planes hoping to take off; and dinners cobbled together from near-empty vending machines. More

JFK joins Newark airport in reopening after Sandy's flood
Bloomberg Businessweek
John F. Kennedy and Newark Liberty international airports will reopen tomorrow for limited flights as cleanup continues after Atlantic superstorm Sandy's inundation of the runways. Airlines will land planes at JFK starting at 10 p.m. to prepare for the reopening, the Port Authority of New York & New Jersey said in a statement. The agency warned passengers to confirm flights with their airlines before traveling to the airport. More

D/FW Airport reopens mothballed satellite at Terminal E
The Dallas Morning News
Spirit Airlines began operating flights out the Terminal E satellite terminal at Dallas/Fort Worth International Airport, the first time in more than seven years that that facility has seen regular commercial service. The terminal opened in 1988 as part of Delta Air Lines' efforts to gain some ground against its larger competitor, American Airlines. Rather than build an entire new terminal, the airport constructed the remote facility, attached to Terminal E by a pedestrian tunnel. More

New Zealand's Morrison joins bids for Stansted airport-sources
Reuters
New Zealand investment manager Morrison & Co has entered the race for Britain's Stansted airport, people familiar with the situation said, which has been put on the block by Ferrovial, the operator of Europe's biggest airport Heathrow. More

Delhi Metro: Airport line to be operational by Diwali
New York Daily News
More than three months after it was shut down due to safety concerns, the Airport Metro Express line in the capital is expected to resume operations before Diwali (Nov. 13), a top Delhi Metro official said. "Repair work on the Airport Metro Express line is almost over. We have to get the safety clearances and expect the line to be operational before Diwali," Mangu Singh, managing director of Delhi Metro Rail Corporation (DMRC), told reporters at a function here. More

Standard & Poor assigns Latin American Airports Holdings Ltd. 'BB-' Rating
Reuters
Standard & Poor's Ratings Services assigned its 'BB-' corporate credit rating to Latin American Airports Holdings Ltd. We also assigned a 'BB-' preliminary rating to Aeropuertos Dominicanos Siglo XXI S.A's seven-year senior secured notes for up to $550 million. The outlook is stable. The assignment of a final rating will be subject to our review of final documentation, including the guarantee contract. More

Australia's SITE buys 49 percent of Newcastle Airport
The Wall Street Journal
Australia's AMP Capital-managed Strategic Infrastructure Trust of Europe, or SITE, has acquired a 49 percent stake in Newcastle International Airport's holding company NIAL Group from Copenhagen Airports. "It is a high quality asset with excellent facilities used by more than 4.4 million passengers per annum," AMP Capital Managing Director Europe Boe Pahari said in a statement. "The airport already has the necessary infrastructure to further develop its commercial business and for meeting future demand for traffic growth," he added. More

Free Webinar - Airport Drainage: Pitfalls and Solutions from F.O.D. to Hydraulics
ACC
Sponsored by Gatic, this free webinar will provide different drainage scenarios as it relates to airports, both landside as well as airside. The presentation will focus on loads, hydraulics and F.O.D. issues and possible solutions. Following completion of this webinar, participants should be able to identify potential safety issues and solutions with respect to F.O.D.; identify some of the root causes of drainage system failures; and gain a better understanding of thermal expansion properties of various drainage materials. More

'See Your World' at the 2012 ACC Global Business Summit
ACC
Join us Dec. 3-4 in Washington, D.C., to gain valuable insight into the global aviation market. This conference - designed for airport development experts new to the international aviation sector as well as experienced professionals - will prepare you for entering international projects and provide you with the tools to succeed once there. Session topics will address the current status of global markets, alternative financing, teaming, cultural pitfalls and more. More

TSA to test private vendor to help speed US airport checks
Bloomberg Businessweek
The U.S. Transportation Security Administration plans to test using a private vendor next year to expand its expedited-security program at airports, Administrator John Pistole said. Consumers who aren't part of an airline frequent-flier program would be able to pay a vendor a fee to undergo a security check based on criteria set by the agency, Pistole said in an interview. The company would notify TSA who gets approved, and applicants who pass a second review by the agency would be admitted to the PreCheck program, he said. More