iscoverBrisbane Airport Corporation (BAC) has announced that it has raised $600 million which it will use to pay back maturing bank facilities and fund capital expenditure and working capital over the next 18 months. BAC raised a total of A$400 million in the US Private Placement market, with the remaining $200 million found on the
Sydney Metro Airport Bankstown has given its recent Fly Free Weekends initiative the thumbs up, judging the program to be a success after it tracked a 4.3 per cent increase in movements over previous quarter weekend data. “The recent trends in the General Aviation activity have been depressed with traffic falling 20 per cent in
Auckland Airport and Queenstown Airport have announced the cancellation of an agreement which would have seen Auckland Airport increase its Queenstown Airport shareholding. “We recognise that the prospect of an increase in Auckland Airport’s existing shareholding has been the subject of considerable debate within the community and has been a key factor in the [Queenstown
Melbourne Airport has reported a 12 per cent increase in international passenger numbers, while reporting a slight decrease in domestic passengers for the month of February. February saw an increase of 51,816 international passengers to 502,154 compared to February 2010, while there was a decrease of 2700 domestic passengers to 1,618,653. This content is available
Federal minister for Infrastructure and Transport, Anthony Albanese, has announced the appointment of Peter Fitzgerald as the new chair of the Sydney Airport Community Forum (SACF). The appointment of Fitzgerald to SACF chair follows the resignation of Barry Cotter, who leaves the post after three years of service. Fitzgerald, a local resident and long-term member
Jetstar has cancelled all of its current scheduled services to and from Darwin between today (February 16) and 0800 hours tomorrow morning (February 17) after Cyclone Carlos battered the coastline. With Darwin Airport closed until further notice, the airline continues to work closely with local authorities in an effort to find out the best time
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