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Special Edition - August 2015 ACI World AIRPORT DEVELOPMENT NEWS A service provided by ACI World in cooperation with Momberger Airport Information www.mombergerairport.info Editor & Publisher: Martin Lamprecht [email protected] Founding Editor & Publisher: Manfred Momberger

Copyright © 2013 Momberger Airport Information by Air Trans Source Inc. Issue 01 / 2013 of 18

Focus Regions:

South America (pages 1-7) Central America (pages 8-10) Caribbean (pages 11-15)

(Numbers at the end of each article are part of the Momberger Airport Information article cataloguing system for subscriber reference and tracking of ongoing news coverage in the biweekly newsletter – published since 1973)

BRAZIL The Government is hoping to boost airport connectivity in the isolated Amazon regions

through a BRL 2 billion (USD 696 million) investment programme to remodel or build 80 airports in eight Amazon states – Acre, Amapá, Amazonas, Pará, Rondônia, Roraima, Tocantins, and

Mato Grosso. The ultimate goal is to leave at least 96% of the region's population within 100 km of an

airport terminal. The Civil Aviation Ministry (SAC) expects to launch the first airport tenders in July 2015. The Amazon terminals are part of the larger regional airport development programme. In

January 2015, SAC said it had finished preparing 229 of the 270 tenders it plans to call for construction or remodelling work at regional airports throughout Brazil (#993.27). In the Amazon region, nine of the

80 airports must be built from scratch, while the remainder requires remodelling and repair work on

existing facilities. Construction of the new airports is expected to take up to 30 months, while the deadline for the remodelling projects is 8 - 18 months. The Ministry selected the airport locations based

on their difficulty of access. Much of Brazil's Amazon is isolated from the rest of the country. Transport there is a frequent challenge due to flooding of roads or, conversely, the drying up of rivers, which are an

important form of transport. The Government also hopes that greater airport connectivity will provide an

economic boost to the region which includes some of Brazil's poorest states, and encourage tourism. Parallel to the airport programme, the Government is taking steps to reduce the price of flights to the

Amazon by providing subsidies for airlines that serve the region. #1002.1 * Brazil’s USD 3 billion plan to build remote airports to handle freight seeks to end

dependence on cargo shipments along the Amazon River and potholed roads that contribute to transport costs that are twice the U.S. average. Auctions have started for the rights to operate 270

regional airports to boost air traffic for passengers and cargo, the former Aviation Minister Wellington

Moreira Franco had said. Brazil also may offer subsidies to construct airports and for airlines to add regional routes, providing a ‘big stimulus’ for aircraft manufacturer Embraer SA, he said. The plan is part

of the Government’s bid to find USD 240 billion in private infrastructure investment, and follows the 2014 sales to run major passenger hubs.

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ACI World AIRPORT DEVELOPMENT NEWS A service provided by ACI World in cooperation with Momberger Airport Information www.mombergerairport.info Editor & Publisher: Martin Lamprecht [email protected] Founding Editor & Publisher: Manfred Momberger


At 8.5 million square kilometers, Brazil accounts for almost half of South America’s land mass and is the

world’s fifth-biggest country by area. So far, its aviation infrastructure to reach the nation’s farthest corners is inadequate. Therefore, the Aviation Minister had asked Congress for subsidies for airfares, for

the renovation of old airports or for building new ones, and for the creation of airlines and support of regional units at existing carriers. The subsidies have yet to be defined and are being discussed by the

Treasury Department. The Government estimated that the regional plan would generate BRL 7.3 billion in

private investment, according to EPL, the Government’s planning and logistics company. #1002.2

A Brazilian engineering company, Companhia Aeroportuária Campos Gerais (CACG), is planning to build what it claims would be Latin America's largest industrial airport. CACG

(http://www.cacg.com.br) is looking to develop the hub in Paraná state, budgeted at BRL 3.5 billion (USD

1.4 billion). The project involves construction of a private airport on a 50-km² site on the banks of Rio Tibagi between the municipalities of Palmeira and Ponta Grossa, some 75 km west of state capital

Curitiba. According to the airport planners, the hub would have a capacity to handle 750,000 aircraft movements per year, more than double that of Brazil's current busiest airport, São Paulo’s Guarulhos

International, which handles around 300,000 take-offs and landings annually. The future airport's

business plan involves receiving scheduled flights – which private operators cannot offer, according to federal attorney Moises Rubbioli Cordeiro. The issue is being discussed in Congress.

Ponta Grossa Airport would be focused on freight business and integrated with road and rail systems (‘dry port’) with a customs area. Companies located on airport land would be able to

import goods without paying taxes, CACG proposes. The hub would also qualify as an airport city with commercial activities and services. The airport's long-term plan calls for the construction of four

3,500-m runways, two of which would be built in the first phase. They would have the capacity to

receive the world's largest commercial aircraft such as the Airbus A380/380F. The Federal Government received a request in August 2014 to build the airport, and ANAC (Agência

Nacional de Aviação Civil) approved its construction in November 2014. The project is currently in the environmental licensing phase. -- Local engineering companies Andrade Gutierrez (AGSA) and Camargo

Corrêa are eyeing the outcome of the decision as they have plans to build a new BRL 5.3 billion (USD 2.2

billion) international airport in the state of São Paulo near the city of Caieiras, some 37 km north of state capital São Paulo. It would be called NASP (Novo Aeroporto de São Paulo). However, their plans could be

thwarted by current airport concession holders, Concessionária do Aeroporto Internacional de Guarulhos S.A., owned 51% by Grupar (Invepar and ACSA) and 49% by State-owned Infraero. At the time of

bidding in 2012, NASP was considered unviable due to the airspace congestion it would cause. If it is built, it will affect return on investment and cash flow for the other airports and impose risks that were

unknown during the 2012 tender process. #1002.3

The private airport operator RIOgaleão, formed by Brazil’s contractor Odebrecht TransPort

and Singapore’s Changi Airports International (CAI), is investing USD 5 billion in an improvement project at Rio de Janeiro’s ‘Tom Jobim International Airport’ as it prepares for

the 2016 Olympic Games, catering to an international passenger base while maintaining the local

spirit in its commercial offer. A strong ‘Carioca’ theme – the native Rio de Janeiro culture – will be the highlight of the transformation throughout the airport and its duty-free offer. The airport operator has

extended Dufry’s duty-free concession to 2020, with additional space to be made available. The airport improvement will include infrastructure development and a new pier with 26 boarding

bridges as it positions itself as the hub of Latin America. Galeão Airport (GIG) has the capability of

continuing to grow. São Paolo’s airport (GRU) has just two runways, while GIG has the opportunity to construct not only the third but also a fourth so that up to 100 million passengers could be handled on a

yearly basis. RIOgaleão is also investing USD 6 million on upgrading cargo facilities at ‘Tom Jobim

International Airport’ over the next twelve months. Security is another area where the new operator does not want to compromise: A project to install a new CCTV system with 140 cameras as well



http://www.cacg.com.br/



as improved access controls and perimeter security are all in the pipeline. The concessionaire already has

reduced the average cargo clearance time by 20% through changes to operating procedures and replacement of critical equipment such as its aging fleet of forklifts. In May 2015, the airport inaugurated

a new pharma centre with two temperature-controlled environments. The new facility, the largest of its kind at a Brazilian airport, offers a fully automated storage system, expediting operations and improving

the integrity of the cold chain.

GIG is one of the primary gateways for the pharmaceutical industry in Brazil and the new facility has been eagerly awaited by the market, adding much needed capacity. "We are the first logistics

terminal in Latin America to join IATA's global pharmaceutical certification programme in order to achieve the CEIV Pharma certification. It will help us ensure that our storage and handling of pharmaceutical

products complies with the best operating practices and regulations adopted by the international market,”

says RIOgaleão's Cargo Director, Patrick Fehring, adding: "Our aim is not only to guarantee the quality of services offered and the integrity of the cold chain, but also to reduce logistics risks and costs for our

customers." #1002.4

The Government plans to offer more airport concessions to the private sector and to

restructure the State-run airport operator Infraero. Some local consultants even believe that the agency should be shut down altogether (#997.OPS4). After outsourcing profitable airports in 2012-13,

Infraero is left operating less lucrative ones and posted a BRL 1.22 billion (USD 395 million) record loss in 2013. According to the new Civil Aviation Minister Eliseu Padilha, some type of restructuring of the

operators needs to happen before the next round of airport concession tenders. So far, six airport concessions have been awarded: Guarulhos and Viracopos (São Paulo state), Galeão (Rio de Janeiro),

Confins (Minas Gerais), São Gonçalo do Amarante (Rio Grande do Norte), and Brasília (Fedeeral District).

Infraero currently holds a 49% share in the special-purpose companies operating these airports. One way to attract more airport concession bidders would be to reduce Infraero's stake in special-purpose airport

operating companies and deregulate the qualification of potential bidders. Although regional airport concession tenders are going ahead, obtaining environmental permits is an

obstacle to getting the projects started, says the Civil Aviation Minister. "As determined by President

Dilma Rousseff, we have been discussing the topic at length with Environment Minister Izabella Teixeira," Padilha was quoted as saying recently. Measures are being taken to reduce the time to acquire permits

and the minister is hoping to launch tenders for at least nine airports by the end of 2015. Upcoming airport concessions are expected in the state capitals of Porto Alegre (Rio Grande do Sul), Salvador

(Bahia), and Florianópolis (Santa Catarina). The mayor of the latter city is lobbying to transfer operations of the resort city's ‘Hercílio Luz International Airport’ from Infraero to the private sector. The airport has a

9,440-m² passenger terminal, 2,300-m and 1,500-m runways, and car parking for 539 vehicles. It has 14

apron spaces for aircraft and the capacity to handle 4.1 million passengers per year. The international airports of Espírito Santo state capital Vitória and Ceará state capital Fortaleza are

thought to be next on Brazil's list of airports to be offered to the private sector. Privatizing airports is a Federal Government decision implemented through SAC, the civil aviation authority. If approved, civil

aviation agency ANAC conducts the concession process. -- Considered to be the third largest airport

operator in the world, Infraero’s airports handle 112 million passengers a year. The Brazilian air travel market is expected to grow 7% annually over the next two decades. #1002.7

* The civil aviation authority SAC has approved construction of a new airport to serve Rio Grande do Sul state capital Porto Alegre, budgeted at some BRL 1.2 billion (USD 505 million).

Building a new airport some 50 km north of the state capital and near the town of Portão was authorized

due to congestion at Porto Alegre's Salgado Filho Airport. It will be built on a 21-km² plot, approximately five times larger than Salgado Filho. To kick off the process, economic, financial, technical and

environmental feasibility studies are needed to prepare a basic engineering plan. A concession awarded to the private sector is the best way to build the airport, according to SAC. The airport, to be called ‘20

de Setembro’, will have two 3,200-m by 45-m runways, an international cargo terminal and an





international passenger terminal with capacity for 40 million passengers a year. Construction is expected

to take five to eight years. Meanwhile, the much delayed renovations at Porto Alegre Airport are expected to finish in 2016. To solve

the capacity problems and increase the capacity from 13.1 million to 18.9 million passengers, temporary structures will serve as passenger terminals but will not directly be linked to the main airport

terminal. #1002.8

ARGENTINA

The new terminal at Comodoro Rivadavia Airport in Patagonia will be the first in the country to be built to LEED (Leadership in Energy & Environmental Design) environmental standards.

The ARS 140 million (USD 15.5 million) project has been approved by ORSNA (Organismo Regulador del

Sistema Nacional de Aeropuertos) and construction of the first phase will start soon. The new 6,000-m² building will feature three baggage-claim conveyors and 12 check-in desks. An LEED inspector will

accompany the construction process to ensure that the building can be certified to meet ‘Gold standard’ quality. Marcelo Minoliti, Director of Infrastructure at airport operator AA2000, explains that it is

reasonable and important for the country to have a public building that follows the worldwide trend to

LEED standards. #1002.11

CHILE The Nuevo Pudahuel consortium, led by Aéroports de Paris (45% share), with the French

Vinci Airports (40%) and the Italian construction firm Astaldi (15%) as partners, has won the USD 580 million concession tender to deliver a major redevelopment of ‘Arturo Merino

Benítez International Airport’ in Santiago. The project will centre on the design and construction of

a new 175,000-m² terminal with of total of 37 aircraft stands, with two wings exclusively for international flights, as well as two additional wings that will alternate between international and domestic flights,

bringing the airport's capacity to 30 million passengers per year. As part of the scheme, the Nuevo Pudahuel consortium is also to focus on the upgrade of SCL’s existing terminal buildings. Scheduled to

start on 1 October 2015, the contract involves the management of the airport over the next 20 years. It

has been forecast that future expansion of its facilities could lead to a capability of handling up to 40 million passengers annually.

Shared evenly 50:50, Astaldi and Vinci Construction will lead the site’s construction works, which will be delivered over the next five years, i.e. until 2020. The concession is based on the highest percentage

(77.56%) with which the consortium will share total income with the State. Xavier Huillard, Chairman & CEO of Vinci, explained there had been many months of initial bid preparation by the consortium

partners. “We have very high ambitions for Arturo Merino Benitez Airport, and this project will now

spearhead our airport strategy on the South American continent. Working jointly with Aéroports de Paris, our task will be to assist and encourage the development of passenger traffic whilst ensuring that

standards of service are raised to the highest international standards,” he said. Stefan Cerri, CEO of Astaldi, added that the company was helping create what he said would be a ‘landmark infrastructure’ for

Chile with the expansion of the airport’s facilities. – SCL is South America's 6th-largest airport which saw

16.1 million passengers in 2014, almost half of whom travelling on international routes. #1002.13

PERU Fitch Ratings has upgraded the long-term rating assigned to Lima Airport Partners S.R.L USD

164 million senior notes due in 2022 to 'BBB+' from 'BBB'. The Rating Outlook is stable and the

upgrade reflects continued growth of the airport resulting in high financial coverage ratios and low leverage, as well as the strategic importance of the asset as an international gateway with strong

regional demand. Necessary expansion measures under the concession agreement will require increased debt in the medium term. Still, considering conservative investment cost and borrowing assumptions,

leverage levels are consistent with the 'BBB+' rating.





Lima’s ‘Jorge Chavez International Airport’ (LIM) serves as the main gateway to the country,

handling nearly 90% of the total air traffic of one of the largest metropolitan areas in Latin America. The enplanement base of approximately 7.3 million has grown at an average annual rate of

11% since 2007. The airport is primarily an origin and destination (O&D) facility with only 8% of passenger traffic related to transits/transfers. The most recent regulated tariff caps covering a five-year

period began in 2014. Rates at the airport are competitive in the region, and provide for an adequate

revenue generation to meet improvement requirements and financial obligations. LAP's notes are senior obligations, issued with a fixed coupon rate and follow a quarterly amortizing schedule. With a nine-year

tail, the notes have a minimal refinancing risk. Other structural protections include nine months of debt service covered through insurance policies and sound distribution tests of a 1.25x debt service coverage

ratio (DSCR) 12-month backward looking and minimum for every remaining quarter.

Lima Airport will require a significant investment programme to execute the construction of a second runway, as established in the concession agreement and to expand the airport to

meet future demand. Construction of the runway is expected to begin in 2016 after the successful transfer of land by the Government. This is expected to occur at the end of 2015, following completion of

the Nestor Gambetta tunnel which traverses the land. As established by the Concession Agreement, LAP

will have five years to complete the second runway, after 100% of the land for the runway is received. Design of the new terminal began in 2014 and was expected to be completed in mid-2015. Its

construction is being carried out in phases in order to allow flexibility of timing so that capacity demands are met as they are reached. Fraport's global expertise continues to maintain the airport in

optimal conditions, allowing for more efficient services and keeping operating expenses relatively stable.

While final cost figures and funding sources will be determined at a later date, Fitch views current

estimates to be financially feasible. Current planned maintenance and budget are considered suitable to sustain the facilities. The airport continues to benefit from its strategic location and infrastructure facilities

resulting in higher domestic, international, and cargo levels. Historical traffic stability is underpinned by an adequate mix of leisure and business travellers and a growing domestic middle class. Domestic traffic

represents over 50% of total air traffic at LIM, highlighting greater consumer demand for air transport

over other modes in Peru. Some slowdown in the traffic growth is evident, as enplanements only grew by 4.9% in 2014 (+11.9% in 2013). Fitch views annual growth in the 3% to 4% range over the next several

years as conservative assumptions. The airport concession was granted by the Peruvian Ministry of Transportation, Communications, Housing

& Construction (MTC) and expires in 2031, nine years after the maturity of the rated notes. LAP has an automatic right to extend the concession term for an additional ten years upon delivery of written notice

to the MTC. The concession renewal would support the credit to the extent LAP moves forward with

additional borrowings for the terminal and runway projects. #1002.15

Architectural firm Grimshaw has been appointed by Lima Airport Partners to design a new second terminal at ‘Jorge Chávez International Airport’ (#988.31). The USD 950 million project

will involve working alongside three other engineering firms in a group led by ARCADIS and featuring the

U.S. firm CH2MHill and Denmark’s Rambøll. The expansion will be located on 700 hectares of land located to the west of the current terminal and will also involve construction of a new midfield ATC tower. The

conceptual design for the expansion is due to be unveiled by mid-2015. #1002.16

PARAGUAY

Prefeasibility studies have started for a new airport terminal in the capital Asunción, according to the Public Works Ministry (MOPC). The USD 200,000 studies were financed by the European

Union and lasted 60 days. Feasibility studies were then expected to start in December 2014, with the construction tender forecast for 2015. The USD 180 million plan involves building a larger,

30,000-m² terminal to handle 2 million passengers a year at ‘Silvio Pettirossi Airport’ (ASU), which will continue to use the current runway. The tender is planned to be awarded in August 2015 and





construction should be finished in January 2018. The bulk of the investment, or USD 144 million, is

expected to be required in the first four years of a 30-year concession, which will be carried out under public-private partnership. #1002.17

URUGUAY

The Government has extended for ten years (until 2033) the concession held by the

Argentine group Corporación América for Montevideo's Carrasco International Airport. Corporación América was awarded the concession in 2003 for 20 years, with the possibility of extending

the contract for an additional ten years. Local newspaper El Observador said that the concession holder agreed to pay USD 131 million for the extension. Corporación América will pay the Government USD 23.5

million on signing the extension, will spend USD 74 million to promote tourism in Uruguay, spend USD 3

million to redesign Uruguay's air space, and will invest USD 30 million in the terminal. "The extension of the concession will allow us to plan new investments," Corporación América Director Martín Eurnekian

said in a statement. -- Carrasco is Uruguay's largest airport with a passenger capacity of 4.5 million a year. #1002.18

ECUADOR In the presence of the Mayor of Guayaquil, TAGSA (part of Argentina’s Corporación América) has

inaugurated the expansion areas of the domestic terminal at the city’s ‘José Joaquín de Olmedo Airport’. TAGSA's General Manager, General Ángel Córdova Carrera, insisted on the

commitment that the company’s partners Corporación América and Dellair Services have with the City. Mayor Jaime Nebot Saadi congratulated TAGSA for delivering the new expansion within the accorded

time, furthering Guayaquil’s status as a safe and modern airport that offers its users quality services and

recently earned the title of ‘Best Airport in Latin America and the Caribbean’ (in ACI’s ASQ programme). With an investment of nearly USD 15 million and a total surface area of almost 60,000 m², the airport

now has a capacity to serve over 7 million passengers per year, making it the biggest in the country by terminal footprint. Three extra aircraft boarding gates have been installed, an improved baggage system

fitted, the security area increased, the number of restrooms doubled, and a new atrium complete with a

pond, fish and plants added. Other improvements have included new seating fitted with the latest USB and wall chargers, the main VIP lounge doubled in size, two airline-specific VIP lounges provided, and the

number of retail outlets increased from two to five and two new F&B outlets added. All building work was carried out by Ekron Construcciones S.A., who also built the terminal eight years ago. AAG carried out a

technical/operational audit with consultants from IATA and ICAO who recommended joining the domestic and international terminals in a two-storey building, resulting in a built up area of approximately 50.000

m2 with an investment of USD 90 million.

Mark Räde, Airside Supervisor of the owner, Airport Authority of Guayaquil (AAG), says the upgrade was brought forward from 2019, due to increasing demand and other factors. “We have seen

an increase in passenger traffic to the area, and are taking advantage of the expansion to improve the passenger flow as it was previously a bit tight. The main reason we agreed to push forward from 2019

was because we have seen a lot of airport closure because of weather at Quito Airport, which has

increased the number of people coming into the hold room.” -- Guayaquil is the gateway for flights to the Galapagos Islands and is set for sustained growth over the

coming years. A master plan is now being developed for a ‘Future Airport’ with two runways that is being earmarked for construction by 2024 with a capacity of 16 million passengers

annually. #1002.19

The Galapagos ecological airport on Baltra Island in Ecuador has become the world’s first

green air transport facility, running entirely on solar and wind energy. Opened in 2012, the airport has also secured LEED Gold certification from the US Green Building Council. Around 35% of

airport’s energy is produced by photovoltaic panels installed on the walkways, and the remaining 65% comes from windmills situated in strategic sites within the facility. The new building of the airport was





built using materials recycled from the earlier infrastructure. The airport is run by Ecogal, a Corporación

América firm, which also has a desalination facility that provides water for the terminal. Airport manager, Jorge Rocillo, said: “The main thing is that it is a sustainable building, a public building that can balance

technology and comfort for passengers without polluting the environment. This is basically the legacy we want to give.”

The 6,000-m² airport terminal operates only during the day and is used by around 300,000 passengers

per annum. Ecogal said that the air terminal’s relation to natural surroundings and environmental impact reduction were considered during design and construction works. The Government of Ecuador granted

the airport concession to Ecogal in April 2011 for a period of 15 years. -- Ecogal operates 53 airports across Latin America and the Caribbean. #1005.CON10

COLOMBIA The Government announced in January 2015 that it hopes to finish construction of Bogota’s

planned second airport in 2021. According to Transport Minister Natalia Abello, construction work for the El Dorado II airport will begin in late 2016 or early 2017. The proposed location of

the second airport is near Facatativá in Bogota’s west, while El Dorado (BOG) is located in the east of the

capital. “From today begins the process of defining the areas, freezing the use of the land, and what comes next is land acquisition and final designs,” Colombia’s Vice President Germán Vargas Lleras was

quoted by the press. “We need to increase airport capacity. Colombia grows at unexpected rhythms, while the world average passenger growth is 2% or 4%, we are growing at over 18%. We currently

mobilize 27 million passengers, and hopefully in three years that figure exceeds 40 million passengers,” said Vargas. The Government has yet to put a price tag on the project and will soon begin the relevant

studies. It is expected to cost COP 2 billion (USD 789 million) according to estimates by the National

Infrastructure Agency. Initially, the project has two stages: Definition of the location and completion of a master plan by Aerocivil, the civil aviation agency. Later, with the master plan and the location defined,

the specifics of the project design will go out for tender. As for the present El Dorado airport, President Juan Manuel Santos was scheduled to

authorize COP 701 million (USD 297 million) worth of expansion work for the terminal,

proposed by the airport's current concessionaire Opaín (Operadora Aeroportuaria Internacional) as part of the country's five-year National Development Plan. The project also

includes expanding runways and increasing operational frequency to permit 90 landings or departures an hour versus 52 during peak hours at present. Despite doubling capacity at BOG, the airport will be unable

to manage passenger growth expected in the next four years. As a result, El Dorado II is a project that must be developed, Vargas said.

Figures released by IATA show that Colombia, Brazil, and Mexico will be among the ten

fastest growing markets for passenger traffic growth through 2034. In 2013, the airlines operating in Colombia transported 29 million people, an increase of 19% compared with 2012, according

to the Air Transport Association of Colombia (ATAC). At 27.34 million passengers in 2014, El Dorado has become the third busiest airport in Latin America, after Guarulhos in São Paulo and Benito Juárez in

Mexico City. #1002.21

Colombia has received no offers for its COP 286 billion (USD 132 million) concession tender

of a group of three airports. The tender to revamp, operate, and maintain Neiva (estimated investment COP 75 billion), Armenia (COP 135 billion), and Popayán (COP 76 billion) was expected to be

called again. However, according to the Transport Ministry, the Government received two bids for

the COP 346 billion ‘Ernesto Cortissoz Airport’ concession in Barranquilla. The bids were submitted by Consortium Aeropuertos Colombia SPV, comprising companies Valorcon, Equipo Universal

and Inversiones Millenium Azipo, and Consortium Estructura Plural Pavimentos Colombia y Graña y Montero, comprising Pavimentos Colombia SAS and Graña y Montero (Peru). In late December 2014, the

Government awarded the Ernesto Cortissoz Airport concession to the Aeropuertos Colombia SPV





consortium. Works are expected to need USD 143 million. -- Barranquilla Airport currently handles around

2.1 million passengers a year, while the three other airports together handle about 1 million. #1002.22

Harris Corporation has been awarded a contract to supply critical air traffic control (ATC) communications to 22 airports in Colombia. Harris will supply its Liberty-STAR™ Voice

Communication and Control System (VCCS) to the various sites located across the country. Liberty-STAR

VCCS features a modular architecture, open-platform software and commercial-off-the-shelf (COTS) hardware that delivers a scalable communications solution for ATC towers, airline and area control

dispatch, flight service stations, and mobile shelters. The systems will be equipped with touch-screen operator positions, radio interfaces, telephone interfaces, and a System Maintenance, Administration and

Reconfiguration Terminal (SMART) POSITION™. Carl D’Alessandro, General Manager, Civil Programmes

at Harris Government Communications Systems, commented: “Harris, along with its in-country partner RAPIDEXXUS, built a successful, long-term partnership with Aerocivil — the Colombian Civil Aviation

Authority, and as a result become a key supplier for the nation’s air traffic control voice communication needs.” #1004.ATC2

MEXICO

IATA and the Ministry of Communications & Transport have signed a Memorandum of Understanding (MoU) in which IATA will provide technical and operational assistance for the

design and construction of Mexico City’s new airport. Under the agreement, IATA will also offer technical and professional advice for the current Mexico City Airport to ensure it continues to operate

efficiently until the new facility is completed around 2020. "The MoU further strengthens the already

strong ties between IATA and air transport in Mexico. We are proud of a partnership that will help make sure the future Mexico City airport meets the needs of the growing flying public and is a facility that is

comfortable, efficient, and cost-effective both for air travellers and airlines," said Tony Tyler, IATA’s Director General & CEO. "The MOU will allow the Mexican government to understand and adopt

global best practices in the design of large-scale hub airports, just what we are looking to

achieve with the new Mexico City airport. Additionally, IATA’s experience in analyzing the management of slots will improve the process and align it with global best practices and be very helpful ahead of the

increased air traffic in the country," said Gilberto López Meyer, Director General of Mexico’s General Directorate of Civil Aviation.

The MoU was co-signed by Mexico’s General Directorate of Civil Aviation (DGAC), the Mexico City Airport Group (GACM - representing the future airport), and the Mexico City International Airport (AICM -

representing the existing airport), on the sidelines of the 71st IATA Annual General Meeting and World

Air Transport Summit, which was taking place in Miami, 7 - 9 June 2015. "IATA is pleased to be working with the Mexican authorities from the early stages on one of

the region’s most significant air transport infrastructure projects. By working together, we can ensure that the right decisions are made. The key to success is consultation, so that

what is built meets the needs of the airlines at a cost they can afford. We look forward to the

collaboration that will make Mexico City’s new airport an example other regional developments can emulate," said Tyler.

The MoU has a provision for the study of the slot management at the existing Mexico City International Airport which is saturated. Effective slot management helps to maximize capacity so that

the greatest economic and social benefits can be derived from the airport’s limited capabilities. Under this

MoU, IATA will continue its work with local authorities to ensure slots at the AICM are optimized and global best practices are implemented in accordance with the IATA World Slot Guidelines. #1003.1

Grupo Aeroportuario de la Ciudad de México (GACM), the future operator of Mexico City's

new airport, has launched two tenders for the project. The first involves construction of access roads and platforms for the No. 2 runway, according to Mexico's procurement portal CompraNet. The

tender was awarded in late April 2015 and work was set to begin 15 days afterwards. The second





involves building temporary drainage systems in the former Texcoco Lake in Mexico State, where the

airport will be built. In the evaluation of tenders, GACM was supported by Parsons International acting as technical consultant. Mexico is planning to launch more tenders for

the new airport in September and October 2015, Communications Minister Gerardo Ruiz Esparza has said. The tenders will be to build the terminal and runways, to install radar systems and carry out

electrical work, among other works.

Mexico has reportedly slashed by a third the amount of money that can be spent in 2015 on the city's new USD 11 billion airport, called the most advanced in the world. The existing Mexico City

airport, AICM, was said to have a capacity to handle up to 32 million passengers a year; in fact, it handled 35.46 million in the 12-month period ending on 31 March 2015. Mexico's civil aviation authority

DGAC confirmed that Mexico City's international airport, AICM, in 2013 regularly handled more flight

operations than it was allowed to, despite a reorganization of slots. #1003.2

The new international airport being built for Mexico City is "probably the most advanced modern airport project worldwide," says Dr Bernardo Lisker, International Director of The

Mitre Corporation, adding: "This is an enormously important project for Mexico, without which the

nation's economy would suffer a bottleneck very soon. Building the new airport in the Texcoco area was by far the best alternative. It will be the first airport in Latin America with simultaneous traffic flow to and

from more than one runway, and it will be the world's first outside of the U.S. to handle three traffic flows simultaneously."

Costing up to MXN 169 billion (USD 12.5 billion) and to be located on a 4,600-hectare (11,400-acre) site about six miles from Mexico City’s existing ‘Benito Juarez International’, the airport will reportedly be the

largest public works project during President Enrique Peña Nieto's administration. Work began in late

December 2014, with developers focusing initially on building access roads and drainage infrastructure. In January 2015, a consortium of Netherlands Airport Consultants (NACO) and ICM (called NAICM) won

an MXN 1.25 billion contract to build runways and platforms and supply navigation equipment, among others. According to the plans of SCT (Communications & Transport Ministry), tenders for the

construction of the new airport buildings are expected to be published shortly. The first construction

phase includes a new terminal, control tower, 95 gates and three runways with capacity to handle up to 52 million passengers a year from 2020. When completed by 2062, the new airport

will have six runways and a capacity of 120 million passengers a year. #1003.3 * According to Environment Secretary Juan Guerra, the new Mexico City airport, which

will cover nearly 4,600 hectares of a former lakebed, will help rehabilitate the surrounding area and will not negatively impact the environment. It will meet the highest sustainability

standards, including using natural lighting and ventilation, as well as electricity produced from biogas and

having its own waste-water treatment plant. “The airport will contribute to an improved environment and quality of life in the valley of Mexico,” Guerra said. “It won’t only be a sustainable airport … (it) will also

contribute to the restoration of the surrounding area.” The construction plan also includes rehabilitating thousands of acres of land around the new airport with

green areas and building lagoons that will be used to harvest rain water to avoid floods. National Water

Commissioner David Korenfel said six additional man-made lakes will be built in the area, which currently has three, as part of a flood-prevention plan. -- The LEED Platinum design of the terminal building will

harness the power of the sun and collect rainwater. It will also use outside air to maintain temperatures within the terminal for a large part of the year without the need for additional heating or cooling. The

entire complex will be built on federal land and will include parking for 5,000 cars. #1003.4

Culiacán International Airport has been voted the best small airport for service quality in

Latin America and the Caribbean by the Airport Service Quality (ASQ) awards. The ASQ award is presented by Airports Council International (ACI) and is based on the results of passenger surveys

conducted at different airports around the world. Culiacán Airport came top against 17 other airports that service fewer than 2 million passengers annually in the Latin America and Caribbean region. Porfirio





González, CEO for OMA, the airport operator, said: “The ASQ award is a great event for OMA, and

particularly for the Culiacán Airport, which is receiving this recognition for the first time. Our Mazatlán Airport received this award twice, in 2011 and 2013. OMA works constantly to maintain the quality of the

terminals in our 13 airports, through the adoption of best practices and in order to create value for our clients, passengers, and shareholders.” #1003.7

HONDURAS President Juan Orlando Hernandez has confirmed the recent expansion of Tela Airport on the

Caribbean coast, near one of the country’s most important tourism destinations. Additional airport facilities were expanded in other important destinations such as Gracias, Lempira, and

Copán. He added that additional airport expansion initiatives would continue in Palomera and Roatán.

Hernandez indicated that this variety of options for travellers is important for the country’s development, and is being achieved alongside construction of various tourism and logistics corridors. #1003.9

The Government has launched a new tender to select an investor for the long-running saga

surrounding Palmerola International Airport. The call for the USD 135 million international tender

was made through the public-private partnership commission Coalianza, whose President, Erasmo Padilla, expects the 30-year concession to be awarded within 90 days. Infrastructure & Public Works Minister

Roberto Ordóñez said international firms would be able to bid for the new contract. Chilean, Mexican and Spanish companies have shown interest in the project. After postponing the tender three times in 2013,

the Government awarded it in January 2014 to Honduran firm SAISA, but later cancelled the award, citing works delays. The airport will be located near Comayagua, between the country's two largest cities,

Tegucigalpa and San Pedro de Sula. #1003.10

PANAMA

Fitch Ratings has affirmed the long-term ‘BBB’ rating of the USD 650 million secured debt due 2023 of Aeropuerto International de Tocumen S.A. (AITSA). Fitch also affirmed AITSA's

national scale ratings at 'AAA (pan)' and 'AAA (slv)'. The Rating Outlook has been revised to Negative

from Stable. The ratings affirmation reflects continuity of an operational profile in line with Fitch's Base Case assumptions. The revision of the Outlook to Negative from Stable reflects liquidity gaps related

to construction milestone payments for construction of the South Terminal and the potential for negative rating action depending on how AITSA executes necessary funding.

AITSA serves as the main gateway to Panama. The airport principally functions as an origin and destination (O&D) and transit facility for one of the fastest growing economy globally. The tourist

industry is becoming a fast and growing segment for the airport. COPA airline constitutes over 80% of

international traffic. Counterparty risk is partially mitigated by COPA's strong financial, operational and competitive profile. In past years, COPA has benefited from continued growth and regional diversification.

Tocumen International Airport is managed by Tocumen S.A., an entity wholly-owned by the Government. The Civil Aeronautics Authority (CAA) establishes and enforces regulations and guidelines for the airport's

aeronautic operations. Rates at the airport are competitive in the region and provide for an adequate

revenue generation to meet improvement requirements and financial obligations. The airport started construction of the South Terminal, which will have 20 boarding bridges and is expected to be completed

in 2016. Additionally, it expects to build a third runway in 2019. To enhance the airport's commercial activities, adjacent land is expected to be purchase for commercial development including

hotels, conference and exhibition centres, and retail development among others. A delay in advanced

sales of commercial space has required AITSA to pursue other funding alternatives, which may include incurring of additional debt. The airport's leverage is consistent with the facility's strong revenue profile.

Leverage, as measured by Net Debt / EBITDA, was expected to reach 7.3x at year-end 2014. Given the strategic nature of the asset and absence of a fixed concession period, leverage is considered adequate

for the 'BBB' category. #1003.13





JAMAICA In April 2015, Mexico’s GAP (see above) concluded the agreement with Abertis for the acquisition of DCA

by executing the legal documents and transferring a total payment of USD 190.8 million. DCA has a

74.5% stake in MBJ Airports Ltd, the entity that operates Sangster International Airport (MBJ) in Montego Bay. Canada’s Vantage Airport Group Ltd holds the remaining 25.5%. Vantage is an

entity incorporated in Canada by Citi Infrastructure Investors, which holds a 50% stake in Vantage, and by the airport authority that operates the Vancouver Airport. Based on Vantage experience in the airport

sector, the co-operation with GAP will strengthen MBJA’s operations and profitability.

MBJA holds the concession to operate, maintain and utilize the airport for a period of 30 years, beginning 3 April 2003. Sangster International is Jamaica’s main airport, located in the city of Montego

Bay, in the centre of the tourist corridor between Negril and Ocho Ríos, where 90% the island’s hotel capacity is located. During 2014, this airport served a total of 3.6 million terminal

passengers, 99.0% of them international, of which 66% were passengers from the United States, 20%

were from Canada, and 11% from Europe. American Airlines is the main carrier with 23% of the total passenger traffic, followed by Delta with 13%, Airtran with 9%, and Jetblue with 8%. Other airlines

include: Air Jamaica, Air Canada, Allegiant Air, Frontier Airlines, British Airways, Spirit Airlines, Sun Country, Sunwing, and WestJet.

In November 2014, the Jamaica Airport Authority (AAJ) approved airport fees for the period from April 2015 to March 2016; these are updated annually to account for U.S. inflation until April 2020. MBJA uses

the U.S. dollar as its functional currency and its financials are prepared in accordance with International

Financial Reporting Standards (IFRS). As a result, consolidation of MBJA’s financials with GAP’s will not require any substantial changes. Total revenues for 2014 were USD 59.0 million, of which 46.3% were

aeronautical and 53.7% non-aeronautical. During the 2014 period, aeronautical revenues were USD 27.3 million. Operating costs for 2014 were USD 35.5 million, with an EBITDA of USD 23.5 million,

representing a margin of 39.8%. Net income for the period was USD 13.2 million.

On 31 December 2014, MBJA had net debt in the amount of USD 60.5 million, of which USD 44.9 million corresponded to long-term loans from shareholders. #1003.14

CAYMAN ISLANDS

The Government has taken another step towards a KYD 55 million (USD 67 million) renovation of ‘Owen Roberts International Airport’ (ORIA), as the Cayman Islands Airports

Authority (CIAA) issued concept designs for the expanded facility. Florida based RS&H Group,

which CIAA selected in January 2015 to provide design and construction services following a competitive bidding process, has presented the new facility’s design concepts. The renovated airport’s design is based

on the profile of the Cayman Islands’ native green sea turtle, which has a flattened curved body and paddle-like arms. RS&H officials describe the design as “reflect[ing] the richness of the country’s growth,

achievements, and history.”

ORIA’s redevelopment will include expansion of the arrivals and departure areas and will more than double the airport’s current capacity, increasing its footprint from 77,000 ft² to 207,000

ft². The entire project is expected to take three years to complete. The new building will be constructed in four phases, allowing the airport to remain in operation throughout the project. “We are definitely on

track and are accomplishing the deliverables on target,” said Albert Anderson, CIAA’s Chief Executive.

“Next will be the design development and then we will issue the tender documents. The goal is to break ground by the summer of 2015.” ORIA currently has capacity to accommodate 1 million travellers per

year. The capacity will expand to 2.7 million annually following the renovation. Funds for the redesign are being generated through a USD 13 per-passenger fee CIAA collects from airlines that use the facility.

CIAA officials added that ORIA’s current ‘A-frame’ structure will be maintained under the new design and incorporated as a recognizable architectural symbol. ORIA’s three A-frames “symbolize the unity between





the three islands: Grand Cayman in the centre, and the two sister islands, Cayman Brac and Little

Cayman, at each side,” said CIAA officials in a statement. As an interim measure, a temporary 3,600-ft², pre-built departure hall extension has been added at

Owen Roberts International Airport. The development allows for the addition of three new departure gates and adds capacity for another 229 passengers, easing congestion in the severely overcrowded

departure lounge. The airport’s terminal buildings are operating at twice the intended capacity. --

Cayman Islands tourist arrivals surged in 2014 even as the nation struggled with an outdated ORIA that frequently was crowded to overflowing. The Cayman Islands hosted 382,816 air arrivals, a 10.8%

increase over 2013 and the country’s highest figure since 2000 according to the Cayman Islands Department of Tourism. #1003.16

A recent specialist training session for airport staff in operations and safety saw more than 35 employees from the Cayman Islands Airports Authority (CIAA) participate alongside four

of their peers from Kingston’s Norman Manley International Airport and Sangster International Airport in Montego Bay, Jamaica. The two airfield operations courses were delivered

by Airport Solutions Ltd, an international aviation training and consulting company. CIAA’s Chief

Operations Officer, Dale Davis, said: “This specialized training provided our staff with an excellent opportunity to better understand the fundamentals of airport operations and equip them with the tools to

effectively discharge their duties in maintaining airport safety and operational readiness in the Cayman Islands.” #1005.OPS38

SAINT LUCIA

The Government is planning to allow Hewanorra International Airport to be managed

independently on the basis of competitive bidding. “The Saint Lucia Government has plans to improve operations at the Hewanorra International Airport through a public/private partnership,” the

Government said in a release. According to Governor General, Pearlette Louisy, the aim is “to ensure that redevelopment of the airport does not come at an unmanageable cost to the state”. Louisy said that the

Government was being assisted by the International Finance Corporation (IFC), an entity of the World

Bank. The proposed public-private partnership would “redefine the role of the Saint Lucia Air and Sea Ports Authority,” she said. If realized, St Lucia’s plan would make it the latest in a series of new

Caribbean airport projects, including newly-launched projects in Grand Cayman and those closer to completion like St Vincent and Antigua [#1001.OPS6]. #1003.18

DOMINICAN REPUBLIC

The International Transport Workers’ Federation (ITF) has warned that air traffic control in

the country is approaching crisis point. The ITF reports that the safety of the country’s airspace is now in jeopardy, following a sustained Government attack on the Dominican Air Traffic Controllers

Association (ADCA). ITF Civil Aviation Secretary Gabriel Mocho Rodriguez explained: “The Dominican Republic’s government appears to be hell-bent on breaking the ADCA, and silencing its warnings about

deteriorating safety.” He continued: “The kind of incidents that the ADCA has warned the authorities

about include: a total communications failure in Punta Cana, with controllers co-ordinating by mobile phone; unserviceable navigation aids at La Isabela International Airport, forcing pilots to complete all

approaches visually; the distance measuring equipment at El Catey’s ‘Presidente Juan Bosch Airport’ going out of service; and the control tower at Puerto Plata’s ‘Gregorio Luperon International Airport’

working with only an emergency radio for over a year and suffering frequent communications failures.”

The ITF reports that the ADCA has tried its best to make the authorities address these and other safety issues. The response was - and still is - suspensions followed by sackings, demotions and retaliation

against the air traffic controllers. This has included arrests of members making peaceful protests on three occasions and the arrest of three of its officials in 2014. The ADCA has communicated with the office of

the General Director of the Dominican Institute of Civil Aviation numerous times concerning safety-related issues in the country’s air traffic control system – but has received no reply. #1003.19





HAITI Cap-Haitien’s freshly refurbished and modernized ‘Hugo Chávez International Airport’,

served since late 2014 by American Airlines among other carriers, is part of a series of major airport infrastructure construction project to meet international standard in many sectors of

the country initiated by the Government. The airport is named in honour of the late Venezuelan

President Hugo Chávez who helped finance its modernization. The extended 7,500-ft runway was completely repaved in October 2012, with the rest of the reconstruction finished by February 2013. Part

of the work consisted of rerouting a road which had previously bisected the airstrip. Prior to the start of the American Airline flights, Prime Minister Laurent Lamothe, accompanied by officials of the National

Airports Authority (AAN), representatives of American Airlines and the American Transportation Safety

(TSA) Administration, conducted an assessment of the airport’s expansion. #1003.20

Aéroports de Montréal (ADM), in partnership with Haiti's Autorité aéroportuaire nationale (AAN) and with the support of the Canadian Embassy in Haiti, had donated airport

equipment for Cap-Haïtien International Airport. About 100 check-in counters, mechanical scales,

some 2,000 luggage trolleys and more than 500 seats, all from the former airport terminal building at Mirabel, were made available. "With this donation, we are hoping to contribute to enhancing the Republic

of Haiti's airports system, which will in turn help the country's tourism industry," said ADM President & Chief Executive Officer James Cherry. This is a first delivery of airport equipment for the country. More

Haitian airports may also receive other equipment from the former Mirabel terminal, closed since 2004. This gesture is a natural outcome of the long-standing friendship between Canada and Haiti. Following

the devastating earthquake that struck the Caribbean country in 2010, ADM donated relief supplies and

provided humanitarian assistance to receive nationals returning to Canada. In addition, at the request of IATA, experts from ADM took part in a planning project for Port-au-Prince Airport. #1003.21

DUTCH CARIBBEAN

Curaçao Airport Holding (CAH) owns 450 hectares of terrain surrounding the airport, of

which about 200 hectares are meant for immediate development. Combining all development efforts, CAH aims to develop an Airport City that would create opportunities for

the airport to grow. At the same time, the Airport City will boost the economy of Curaçao and put the island on the map as a 100% green, sustainable and high-tech airport business centre in the Caribbean.

The Master Plan for Curaçao Airport City involves the development of the mentioned 450 hectares of land for considerable expansion of the existing airport services, with brand new business hotels, showrooms

and warehouses, as well as high-end products and services such as Commercial Spaceport Operations,

and Eco Park and innovative Eco-, Aqua- and agriculture-related industries. Curaçao Airport Partners (CAP) have signed a 30-year concession agreement with CAH in

which the operations of all services and facilities at the airport are arranged. This agreement is called DOMA, an abbreviation for Development, Operation and Maintenance Agreement. The role of CAH

is to inspect and supervise CAP’s performances and to report and consult with CAP and the government

of Curaçao. There are three roles for Curaçao Airport Holding: supervisor, promoter and developer. As a supervisor, CAH monitors CAP and reports on its performance. This way, it is made sure that the

operations of the airport have a high quality and that everything works well. Also, CAH is always looking for more possibilities to improve the running of the airport. As a promoter, CAH proactively supports and

assists in efforts to increase the volume and quality of air traffic to and from Curaçao. As a developer,

CAH comes up with ideas for developing the terrains surrounding the airport to increase long term and sustainable economic activity. This is why CAH is developing the Airport City.

CAP is investing USD 36 million in airport development projects over the next few years and one of the projects is the enhancement of the public’s viewing area reminiscent of the Mirador in the

past. CAP recognizes the historic importance of the Mirador when it comes to the emotional and social experience at the airport and thus dedicated the Mirador to the people of Curaçao. What was first a





sandy area where a few cars were able to park, is now a comfortable spacious area with spectacular

views of arriving and departing aircraft, protection against the sun and 18 parking spaces including two for the disabled. Curaçao International Airport has undergone almost USD 10 million in recent

renovations to its facilities, according to the Curaçao Tourism Board. The renovations include adding air-conditioning to the check-in hall and screening area; updates to the runway; a new Curaçao Airport app,

and the development of a ‘Jet Centre Curaçao’ to “enhance passengers’ experience upon arrival and

departure. The airport is planning a wider expansion that would increase its capacity from 1.6 million to 2.5 million passengers per year, with the concomitant goal of becoming an “important

passenger and cargo hub for the Southern Caribbean region.” That expansion includes a new airport plaza and a rejuvenation of the Hato Handling building, among other changes. #1003.23

Individual master plans are being realized for the Bonaire, St Eustatius and Saba airports that will see several new projects starting in 2015. Renovations to the runway, lighting, fencing

and buildings will take place on St Eustatius and Saba, while Bonaire’s Flamingo International Airport will receive a new air traffic control tower and floodlight masts. The Dutch Rijkswaterstaat, part of the

Ministry of Infrastructure & the Environment, will take responsibility for executing the plans and NACO

and other Royal HaskoningDHV specialists - together with a Dutch contractor - will implement the projects. #1003.24

ST. VINCENT & THE GRENADINES

The Barbados-based CARICOM Development Fund (CDF) approved an XCD 2.02 million loan to St. Vincent and the Grenadines (SVG) government for the new Argyle International

Airport. It said that the funds would be used to purchase equipment to establish a 218-kVA

solar energy farm that will reduce electricity costs at the multi-million dollar facility. CDF’s Chief Executive, Ambassador Lorne McDonnough, said that the pilot renewable energy project would provide

approximately 35% of the new airport’s light and air-conditioned needs. It will be the first part of a wider programme of power generation to meet the needs of the airport at peak demand and full operation. It is

expected that - at full generation - any excess electricity will be made available through the grid to the

rest of St. Vincent. “The CDF is promoting greening, or environmentally friendly energy projects in the region and is striving to establish the plant at Argyle as a flagship for the initiative,” he added. Prime

Minister Dr Ralph Gonsalves said that the XCD 729 million airport which has missed several completion deadlines “will be completed in 2015 and ready for operation” (#983.11). -- When complete, SVG’s first

international airport will have three floors with a floor space of 129,870 ft² and handle about 1.5 million passengers per year. The capacity will be more than five times the number of passengers currently

passing through the existing ‘E.T. Joshua Airport’. #1003.28

TRINIDAD & TOBAGO

Tobago’s ‘A.N.R. Robinson International Airport’, Crownpoint is limited in capacity, according to Transport Minister Stephen Cadiz, adding that modification of the airport was long

overdue and the Government was justified in spending TTD 44 million to refurbish. Facilities at

the airport were upgraded in the mid-1980s (new terminal, improved access roads, and an extended apron). Further developments were completed in 1992 to accommodate widebodied aircraft such as the

B.747. By the end of 2011, another development programme extended the terminal building, improved the 2,744-m runway, and saw boarding bridges installed. – The airport is named after the third Prime

Minister of the twin-island republic, Arthur Napoleon Raymond Robinson. #1003.29

PUERTO RICO

The Mexican operating company Aerostar Airport Holdings – comprising Asur and New York-based Highstar Capital – has unveiled the newly renovated Terminal B at San Juan’s ‘Luis

Muñoz Marín International Airport’. The USD 130 million renovation project has seen the addition of a new passenger inspection center, an autonomous baggage handling system and food and shopping





concessions. The renovation is part of a wider USD 200 million investment that will also include security

upgrades. Further plans for the airport include a USD 75 million project to redevelop the Terminal C, with an expected completion date in 2017. Works in Terminal B have expanded the yearly capacity to 10

million passengers from 6 million, while Terminal C is expected to have capacity for 6 million passengers. -- Aerostar Airport Holdings took over operations at the Luis Muñoz Marín Airport in a USD 2.6 billion deal

with the U.S. territory's government in 2012 (#964.31). The airport currently handles approximately 8.5

million passengers a year and is served by 31 airlines. #1003.32

THE BAHAMAS The Government has agreed to build Cat Island’s new international airport, and the project is

considered “a priority that would not suffer any more unnecessary delays”. Khaalis Rolle, Minister of State

for Investments, said the Government would be able to provide estimated construction start and completion dates for the New Bight Airport once the necessary technical drawings were finished. An

upgraded New Bight Airport is vital to unlocking economic growth and development on Cat Island. The failure to make progress on an infrastructure project promised since 2008 has been the main obstacle to

the PGA Village development, an investment billed as the ‘anchor project’ for the island. #1003.33

Publisher’s note: The articles in this special report, compiled for ACI World, are samples from the

biweekly Momberger Airport Information newsletter, published since 1973. The newsletter is an

advertising-free, global airport news service that consists of 8 modules and allows subscribers to

customize their own newsletter package. The items in this ACI World report represent only a small

sample of the main module (Airport Development) of Momberger Airport Information. Additional

modules that subscribers can select include: Airport Operations (OPS), Ground Support Equipment (GSE),

Air Traffic Services (ATC), Consultant & Contractor (CON), Airport Information Technology (AIT) and

Maintenance Base (MRO). An extensive Calendar of Events (CAL) is part of every subscription.

For more information and to order an annual subscription, please visit www.mombergerairport.info




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