TRAVEL MONITOR
Asian airports to lead spending spree
- Published: 16/01/2012 at 08:33 AM
- Newspaper section: Business
Global airports are expected to incur more than US$134 billion in capital expenditure between 2013 and 2016, with most of the money being spent in the smaller airports with annual capacity of 5-15 million passenger, according to annual survey released by Airports Council International last week.
The Airport Economics Survey 2011 also says that Asia-Pacific airports would produce the highest capex growth rates during this period.
Airports went through a bad period in 2010 but were expected to have recovered in 2011, said the report.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: Imtiaz Muqbil
- Position: Executive editor of Travel Impact Newswire
