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ASIA-PACIFIC AIRPORTS MAGAZINE
GLOBAL AIRPORT OPERATORS
Big business Joe Bates turns the spotlight on Asia-Pacific’s global airport operators and finds out more about the regional development plans of VINCI Airports and the Zurich Airport Group.
W
hile expansion hasn’t exactly been a top priority in 2020, all of the region’s global airport operators – those with equity stakes in airports in more than one country – remain actively involved in the worldwide market, with some even signing agreements to grow their portfolios in the near future. GMR Airports Ltd (GAL), for example, has committed to developing a new greenfield gateway at Bhogapuram in the Indian state of Andhra Pradesh through subsidiary GMR Visakhapatnam International Airport Limited (GVIAL). While although not based in the Asia-Pacific region, Zurich Airport Group has confirmed its intention to finance, build and operate Delhi Noida International Airport in India and France-based VINCI Airports, the world’s second biggest airport operator in terms of passengers handled APA Issue 4, 2020
across its network, has unveiled an ambitious new master plan for Sihanouk International Airport in Cambodia. Changi Airports International (CAI) World Headquarters: Singapore. Airports 100% owned and operated: None. Others: CAI, the wholly owned subsidiary of Singapore Changi operator, Changi Airport Group (CAG), has a global presence. In Asia-Pacific, CAI has a stake in Fukuoka International Airport Co (FIAC), which operates Fukuoka Airport in Japan under a 30-year concession agreement; and a 15% interest in Luzon International Premier Airport Development (LIPAD) Corporation, the operator of Clark International Airport in the Philippines. In Brazil, CAI has a 51% share in the consortium responsible for operating Rio de Janeiro’s Tom Jobim International Airport (Galeão).
