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24 June 2025
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Jun 24, 2025Airport Improvement
Tucson, Arizona – Tucson International Airport (TUS) and Ryan Airfield (RYN), operated by the Tucson Airport Authority (TAA), contribute $10.9 billion in annual economic impact to southern Arizona supporting 42,012 jobs paying $2.9 billion in wages. Those figures are part of a new economic study conducted by Elliott D. Pollack & Company for the TAA.
The study highlights the important role the airports play in attracting and retaining high quality jobs and economic growth in the region. TUS, which spans over 8,400 acres accounts for vast impacts on the business enterprises of Southern Arizona.
“This study quantifies how important TUS and RYN are as economic engines that benefit the Southern Arizona region. We take our role as a steward of the airport system seriously and are proud to be an economic pillar for the community. We are committed to the continued growth in air service and economic development to best serve our region” says TAA President/CEO Danette Bewley.
Read the full report here.
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Hollywood Burbank Airport Selects Boingo Wireless To Deploy Industry-Leading Converged 5G And Wi-Fi 7 Network, Redefining Connectivity For Passengers And OperationsLOS ANGELES, August 12, 2025—Boingo Wireless, the largest operator of airport distributed antenna systems (DAS), Wi-Fi and private networks in the U.S., will design, build and manage next-generation wireless networks at the new Hollywood Burbank Airport (BUR) replacement terminal. Boingo is deploying one of the nation’s first Wi-Fi 7 networks at an airport, delivering critical infrastructure that ensures a seamless curb-to-seat travel experience. The project integrates cutting edge Wi-Fi 7 and Wi-Fi 6E technologies with a high performance cellular Distributed Antenna System (DAS), forming a converged wireless backbone. Together, these technologies create fast, secure and resilient coverage that enables frictionless digital services from the moment travelers arrive curbside until they reach their aircraft and take off. Airline partners, concessionaires and airport staff gain access to reliable connectivity to drive digital operations—boosting automation, real time coordination and safety. This innovation positions BUR at the forefront of digital infrastructure as the region prepares to welcome global events including the FIFA World Cup and the 2028 Summer Olympic & Paralympic Games.
“Hollywood Burbank Airport is a vital transportation hub for the greater Los Angeles area, serving a diverse mix of business and leisure travelers,” said John Hatanaka, Executive Director of Hollywood Burbank Airport. “With our Replacement Passenger terminal, we’re building an airport for the future, one that embraces innovation and elevates the passenger experience. Connectivity is key to that vision. Boingo’s proven track record of deploying cellular solutions that serve all major carriers, alongside the latest Wi-Fi technologies at leading airports and venues around the world, many of which are right here in Los Angeles County, made them the right connectivity partner for our airport. As the converged network service provider, passengers at our new terminal will be able to seamlessly stay connected from curb to gate.”
Now under construction, the new 355,000-square-foot Replacement Passenger Terminal will feature 14 gates and thoughtfully designed infrastructure to support modern air travel. Technology-forward amenities include advanced baggage handling systems, a streamlined TSA checkpoint for reduced wait times, expanded boarding areas with more space and power access, and upgraded IT and communications systems for public safety and announcements.
“Airports are becoming smarter, more connected spaces where digital infrastructure is essential,” said Boingo CEO Mike Finley. “Being selected early in Hollywood Burbank Airport’s redevelopment process allows Boingo to design and integrate a purpose-built network tailored to the airport’s operational goals and traveler expectations. We’re proud to deliver a converged solution that combines Wi-Fi 6E, Wi-Fi 7 and carrier-grade cellular coverage to power millions of connections and support one of Southern California’s most important regional airports.”
Boingo’s neutral host DAS can support multiple cellular carriers, including AT&T, T-Mobile and Verizon, allowing passengers to stay connected on their preferred mobile networks. The terminal and parking garage wireless service will offer fast speeds, low latency, increased capacity and enhanced security in high-traffic areas like ticketing, gates, baggage claim and rideshare zones.
Boingo manages wireless infrastructure at more than 130 airports and major transportation hubs around the world, from Los Angeles to New York, London, Chicago and San Francisco, and brings deep expertise in building connectivity solutions for some of the largest, complex and highly trafficked venues. Ookla®, a global leader in independent, user-generated speedtest data, recently recognized Boingo’s airport networks for delivering industry-leading speed and performance at airports nationwide. To learn more, visitboingo.com.
About Boingo Wireless
Boingo Wireless, Inc. simplifies complex wireless challenges to connect people, business and things. Boingo designs, builds and manages converged, neutral host public and private networks at major venues around the world. Boingo’s vast footprint of distributed antenna systems (DAS), Wi-Fi, small cells and macro towers securely powers innovation and connectivity in airports, transit stations, stadiums, military bases, hospitals, commercial properties and enterprises worldwide. Learn more at boingo.com.
Airport Improvement
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12 August 20254 min readHollywood Burbank Airport Selects Boingo Wireless To Deploy Industry-Leading Converged 5G And Wi-Fi 7 Network, Redefining Connectivity For Passengers And Operations
Airport Improvement
12 August 2025
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Gatwick’S Northern Runway Could Support £275M Boost To Sussex TourismPlans to bring London Gatwick’s Northern Runway into routine use could support an estimated 275 million GBP annual uplift for the Sussex visitor economy by 2038, according to new projections.
The increased capacity would help facilitate additional international travel into the region, aligning with ambitions to grow the local tourism sector.
If planning approval is granted later this year, the airport’s proposals would allow for an additional 1.6 million international inbound passengers annually by 2038. This forecasted growth forms part of the wider Sussex Visitor Economy Growth Strategy, which sets out targets to attract 500,000 more international tourists per year by 2034 and expand the value of the sector from 5 billion GBP to 7.5 billion.
Tourism currently accounts for 14% of total employment in Sussex, supporting over 74,000 jobs. While international visitors make up around 2% of overall visitor numbers, they contribute approximately 20% of total tourism-related spending, underlining the economic significance of long-haul travel.
The strategy identifies markets such as China, Southeast Asia and the Gulf as areas of potential growth. London Gatwick already operates 54 long-haul routes and is seeking to expand its offering to destinations including Shanghai, Singapore and Dubai. Improved connectivity to these markets is expected to play a role in attracting higher-spending, longer-staying visitors to Sussex.
If the development proceeds, the airport estimates it could accommodate an additional 60,000 flights annually, with passenger numbers rising to approximately 80.2 million by 2047.
The Northern Runway is about more than just increasing capacity. It’s about connecting the UK to the fastest-growing regions of the world and ensuring Sussex can share in the benefits of that global reach. By unlocking an additional 1.6m international inbound passengers a year by 2038, we’re not just meeting growing demand, we’re bringing new opportunities directly into our region with tourism being a catalyst of economic growth.
The Northern Runway scheme is a privately funded 2.2 billion GBP project. London Gatwick currently contributes 5.5 billion GBP and 76,000 jobs to the UK economy annually. If the plans move ahead, the project is expected to support a further 14,000 jobs and deliver 1 billion GBP in additional economic activity per year for the region.
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08 August 20252 min readGatwick’S Northern Runway Could Support £275M Boost To Sussex Tourism
Airport Industry News
08 August 2025
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Appleton International Airport Reports $2 Billion Of Economic ImpactAirport marks 60 years of service to Wisconsin
(Appleton, Wis.) Aug. 5, 2025— County leaders announced today the results of a study showing the Appleton International Airport has a total economic impact of nearly $2 billion on the region. The last economic impact study was conducted in 2015 when Appleton International Airport generated 676 million in total economic impact. Other comparative measures are:
“It is clear the airport is our most valuable economic engine,” said Outagamie County Executive Thomas Nelson. “Our growth has a multiplier effect on the region and supports our continued investment in the expansion of services and facilities. The airport provides nationwide access to businesses and consumers and that makes the Fox Cities a great place to live and do business.”
The report includes direct impacts from airport operations and visitor spending, indirect impacts as airport businesses make purchases to support their operations, and induced impacts as airport and tourism sector employees spend their wages in the local economy. The economic impact includes Outagamie, Brown, Winnebago, and Calumet counties. Since the 2015 study was conducted, the airport has reached significant milestones:
“Our continued success is due to innovative leadership on the governmental level and the dedication of our team members to service,” said Airport Director Abe Weber. “Our promise to our customers is to make air travel faster, easier, and more convenient and our promise to the community is to continue to provide economic opportunities and continued growth.”
When the airport opened in 1965, Air Wisconsin Airlines was offering flights between Appleton and Chicago. Now the airport offers service from Allegiant, American Airlines, Delta, Sun Country Airlines, and United Airlines to 21 non-stop destinations
“Thanks to the continued investment of our airline partners, we have been able to expand our flights, destinations, and routes we offer consumers,” Weber said. “And to accommodate the growth in routes, we have expanded our facilities to host larger planes and increased passenger traffic.”
The airport recently opened a $66 million concourse expansion and is renovating the existing concourse and front drive lanes.
The economic impact study was released to mark the 60th anniversary of the airport opening in 1965. To celebrate the anniversary, the airport will be holding several promotions during August including a month-long giveaway. Travelers through the airport can scan a QR code to enter to win a variety of prizes which will be given away to six lucky people. The final grand prize is a $600 airfare voucher awarded to one winner at the end of August.
For more information on the 60th celebration, visit https://atwairport.com and for more information on the economic impact please visit https://atwairport.com/economic-impact/
Airport Improvement
airport
05 August 20253 min readAppleton International Airport Reports $2 Billion Of Economic Impact
Airport Improvement
05 August 2025
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Aci Europe Urges Eu To Reform Airport Security Equipment Certification As 100Ml Liquids Rule EasesPosted: 28 July 2025 | Gabriel Higgins | No comments yet
ACI EUROPE welcomes airport liquids rule change but calls for faster, unified EU certification of advanced security equipment.
ACI EUROPE has welcomed the European Union’s decision to lift the 100ml restriction on the carriage of liquids, aerosols and gels (LAGs) in cabin bags for flights departing from EU airports equipped with advanced screening technology. The move permits passengers to carry up to 2 litres of LAGs and comes after the technology was successfully recertified by the EU, having previously faced performance concerns.
This lifting of restrictions is expected to improve both passenger convenience and airport operational efficiency. Airports using the new technology can now process passengers more quickly at security checkpoints. The equipment also delivers enhanced automated detection capabilities, allowing security staff to focus on more complex tasks.
However, ACI EUROPE has strongly criticised the EU’s testing and certification process for aviation security equipment, highlighting structural flaws and calling for an urgent reform. The organisation stressed that while the recertification of new equipment is a welcome development, it was long overdue. The UK completed its recertification back in April, three months ahead of the EU.
ACI EUROPE noted that other manufacturers have also developed advanced screening technology, yet there is no clear timeline for their certification by the EU. As a result, airports that have invested in this newer equipment are still required to enforce the outdated 100ml rule, limiting their ability to enhance passenger experience and security performance.
Olivier Jankovec, Director General of ACI EUROPE, warned, “We now live in a very different world in which the convergence of geopolitics, cyber and physical security threats is plain to see. In that context, it is very clear that our decades old testing and certification regime for aviation security equipment is no longer fit for purpose. We just can’t keep relying on a system essentially based on a good will cooperation between EU states, where even aligned testing methodologies are not guaranteed, and validating test results takes forever. We absolutely need to be able to benefit from innovation in security technologies much faster. Beyond operational efficiencies, this is primarily and crucially about better protecting European citizens — and ultimately about the EU’s own strategic autonomy agenda.”
For the past two years, ACI EUROPE has called for a fully integrated EU testing and certification system aligned with the UK and US. The group’s proposals, submitted to the EU Aviation Security Committee last December and reiterated in spring, emphasise that only the European Commission can drive this change by assuming direct responsibility for the system.
Jankovec concluded, “This is both frustrating and worrying, as we are getting nowhere for now with our proposals. What we are asking for is nothing else than EU leadership and action on a highly sensitive issue, which should be a clear priority for the European Commission and Member States. Once again, it is about better securing our skies and protecting our societies.”
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28 July 20254 min readAci Europe Urges Eu To Reform Airport Security Equipment Certification As 100Ml Liquids Rule Eases
International Airport Review
28 July 2025
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Edinburgh Airport Lifts 100Ml Liquids RuleEdinburgh Airport (EDI) has lifted its 100ml liquids rule following the installation of new security x-ray technology.
Passengers will now be permitted to leave liquids in their bags when passing through security, with new limits allowing up to two litres of liquid per person.
EDI is the first airport in Scotland to lift the rule, with the move coming after eight new Smiths Detection X-rays were installed as part of a 24 million GBP investment to transform security at the airport.
The new allowances also permit the carrying of large electrical items, such as laptops and tablets.
This is a big day for our passengers and the airport team – we are delighted to be able to lift this rule and really transform the whole security process, making it easier for everyone.
A whole generation of travellers have only known the 100ml rule to be the case, so it really is a momentous day as we become the first airport in Scotland to lift the rule since it was introduced in 2006.
The change allows more flexibility for passengers to take liquids through security, all while maintaining and improving our high safety levels through the use of 3D technology. But it is important that passengers continue to check with the situation at their return airport as not all airports will be moving away from 100ml just yet.
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24 July 20252 min readEdinburgh Airport Lifts 100Ml Liquids Rule
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24 July 2025
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Edinburgh Airport Lifts 100Ml Liquids Rule After Major Security Upgrade With New Scanning TechnologyPosted: 23 July 2025 | Gabriel Higgins | No comments yet
Passengers at Edinburgh Airport can now carry liquids up to two litres without removing them at security checkpoints.
The 100ml liquids rule, in place since 2006, has officially been lifted at Edinburgh Airport (EDI) after the introduction of advanced x-ray security technology. Passengers can now leave liquids in their bags at security, with individual containers of up to two litres permitted.
This milestone makes Edinburgh Airport, part of the VINCI Airports network, the first in Scotland to remove the restriction. The change follows the installation of eight new security X-rays as part of a £24 million investment to improve and streamline the passenger experience at Scotland’s busiest airport.
Gordon Dewar, Chief Executive of Edinburgh Airport, said:
“This is a big day for our passengers and the airport team – we are delighted to be able to lift this rule and really transform the whole security process, making it easier for everyone.
A whole generation of travellers have only known the 100ml rule to be the case, so it really is a momentous day as we become the first airport in Scotland to lift the rule since it was introduced in 2006.
The change allows more flexibility for passengers to take liquids through security, all while maintaining and improving our high safety levels through the use of 3D technology. But it is important that passengers continue to check with the situation at their return airport as not all airports will be moving away from 100ml just yet.”
As part of the upgrade, the airport has expanded to eight security lanes, using cutting-edge equipment. The new system allows both liquids and large electronics such as tablets and laptops to remain inside hand luggage during screening.
There is no longer a limit on the total volume of liquids a passenger may carry, provided each item does not exceed two litres.
However, the airport reminds travellers that this relaxation may not be reflected at their return airports, as rules vary across the UK and internationally. Passengers should always check requirements before flying.
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23 July 20254 min readEdinburgh Airport Lifts 100Ml Liquids Rule After Major Security Upgrade With New Scanning Technology
International Airport Review
23 July 2025
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Miami International Airport Drives Record $181.4 Billion Impact And Supports 842,703 Jobs Across FloridaPosted: 15 July 2025 | Gabriel Higgins | No comments yet
MIA’s record-breaking growth in passengers, cargo, and construction cements its role as Florida’s top economic powerhouse.
Credit: Miami Dade International Airport (MIA)
Miami International Airport’s (MIA) economic impact has reached a record $181.4 billion in statewide business revenue and supports 842,703 jobs, reinforcing its role as one of Florida’s most powerful economic drivers. The figures, presented in MIA’s 2024 economic impact study by consulting firm Martin Associates, were unveiled at the World Trade Centre Miami’s annual State of the Ports luncheon.
Together, MIA and PortMiami now generate more than $242.8 billion in economic impact and support nearly 1.2 million jobs across Florida. These milestones were announced by Miami-Dade County Mayor Daniella Levine Cava, MIA Director and CEO Ralph Cutié, and PortMiami Director and CEO Hydi Webb before an audience of over 500 local business and community leaders.
“That Miami-Dade County’s two economic engines together fuel nearly a quarter-trillion dollars in business revenue and sustain more than a million jobs across Florida is a testament to the extraordinary opportunities they create for our community, our region, and our nation,” said Mayor Levine Cava. “Congratulations to the MIA team for achieving yet another record-breaking milestone — and to both ports for continuing to power our local economy, support great jobs, and drive prosperity for all.”
In 2024, MIA generated $41.2 billion in business revenue and supported 311,291 jobs in Miami-Dade County alone, equivalent to one in four local jobs. Passenger traffic grew by 7% to nearly 56 million travellers, while cargo volumes rose by 9% to three million tons – both record highs.
Statewide, MIA maintained its status as the busiest US airport for international freight and ranked 5th globally. In 2023, MIA handled 90% of Florida’s air trade by value and 40% of the state’s combined air and sea trade. Florida-based air freight at MIA was worth $134.3 billion, supporting 531,412 jobs across the state.
MIA’s $9 billion Future-Ready Modernisation in Action Plan is reshaping the airport with projects like the Ibis Garage, opening December 2025, and the 300,000-square-foot Concourse K, due in 2029. The plan generated $252 million in business revenue and 2,865 local construction jobs in the past year.
The study also showed MIA’s key role in the cruise sector, with 766,662 passengers using the airport en route to cruises, mostly through PortMiami, which hosted a record 8.2 million passengers in 2024.
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15 July 20253 min readMiami International Airport Drives Record $181.4 Billion Impact And Supports 842,703 Jobs Across Florida
International Airport Review
15 July 2025
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Manchester Airports Group Records Historic Growth As It Plans £2.5 Billion Investment Across Uk AirportsPosted: 3 July 2025 | Gabriel Higgins | No comments yet
MAG served 65 million passengers, expanded routes, and unveiled major investment plans to boost regional economies and sustainability across its airports.
MAG has reported a record year, serving 65 million passengers for the first time in its history for the year ending 31 March. The Group, which owns and operates Manchester, London Stansted and East Midlands Airports, as well as travel services business CAVU, posted revenues of £1.3 billion, up 8.4% on the previous year. Adjusted EBITDA rose 12.5% to £570.4 million, while operating profit increased 9.8% to £263.2 million.
Growth was driven by new routes and increased frequencies from major airlines including easyJet, Ryanair, Jet2.com and TUI. Notably, India’s largest airline, IndiGo, began its first European service from Manchester to Mumbai during the period. CAVU, MAG’s digital travel services business, grew revenues nearly 14%, now operating at 308 airports in 48 countries.
MAG continued its major infrastructure investment, nearing completion of the 10-year Manchester Airport Transformation Programme later this year. The Group plans to invest a further £2.5 billion across its airports over the next five years, including £1.1 billion at London Stansted announced at the Government’s International Investment Summit in October.
MAG CEO Ken O’Toole said, “This year’s record performance is a testament to the strength of our business and the dedication of our people. With more passengers choosing our airports than ever before, MAG continues to play a vital role in connecting the UK to the world.” He added, “Our airports are engines of growth for the regions they serve. Through continued investment, we’re creating jobs, supporting local economies, and enabling trade and tourism across the North, South and Midlands.”
O’Toole also highlighted MAG’s commitment to sustainability: “Our new five-year Sustainability Strategy builds on two decades of progress and reinforces our commitment to reducing emissions, creating opportunities, and supporting the communities we serve.”
Customer experience remained strong with 98.9% of passengers passing through security in 15 minutes or less across all three airports.
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As the Group continued to work towards its target of net zero carbon operations by 2038, its commitment to sustainability was once again independently recognised. In 2025, MAG was names a Financial Times European Climate Leader for the fifth time, as well as retaining its five-star GRESB rating. It also received a ‘gold standard’ award by EcoVadis, placing MAG in the top 5% of rated businesses.
Across the reporting period, MAG welcomed updates from UK Government about the use and domestic production of Sustainable Aviation Fuel (SAF), including that the UK’s SAF Mandate, and the creation of a Revenue Certainty Mechanism (RCM) for domestic SAF. The creation of an RCM, which has now been passed into law, will assist the UK in realising the potential of a domestic SAF industry, which will ensure that the cost of flying remains accessible for passengers, while creating tens of thousands of green jobs in the UK.
In May, MAG launched its new five-year Sustainability Strategy ‘Creating a sustainable future for all’. The new Strategy builds on the more than two decades progress and focus that has placed sustainability at the core of how MAG operates. The Strategy has two main focus areas: Protecting our Environment and Community at our Core, with a number of targets in place, including reducing scope 1&2 market-based emissions by 48%, supporting 70,000 young people through education programmes, and donating £1.5m to local communities, all by 2030. You can read the full Strategy here.
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03 July 20254 min readManchester Airports Group Records Historic Growth As It Plans £2.5 Billion Investment Across Uk Airports
International Airport Review
03 July 2025
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Aena Commits To €351M Airport Investment. The funding is in addition to Aena’s current five-year investment plan (known as DORA II, Airport Regulation Document 2022–2026).
Key projects at airports such as Alicante-Elche Miguel Hernández, Valencia, Bilbao, César Manrique-Lanzarote, Ibiza, Málaga-Costa del Sol, Menorca, Tenerife Norte-Ciudad de La Laguna and Tenerife Sur will benefit from the additional cash injection.
One of the main allocations (€84m) will go towards the ongoing remodelling of the terminal area at Palma de Mallorca Airport, in order to shorten the timeline for work to complete.
Improvements to passenger service quality and security processes through the automation of screening using EDSCB (Explosive Detection System for Cabin Baggage) equipment, which allows liquids and electronic devices to remain inside hand luggage, and ATRS (Automatic Tray Return System), will require an additional €86m beyond what was planned under DORA II.
Cybersecurity investments will total €62m and €65 will go to digitalisation and automation of processes, with a further €7m for the implementation of remote-controlled boarding bridges.
AENA said that for the next investment period, DORA III (2027–2031), it is finalising its investment proposal for all Spanish airports, which it will put to consultation with the airlines, and which will represent “the largest wave of airport investment in recent decades”.
Airports International
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02 July 20252 min readAena Commits To €351M Airport Investment
Airports International
02 July 2025
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Spanish Government Approves €351 Million Airport Investment To Accelerate Upgrades Before 2027Posted: 2 July 2025 | Gabriel Higgins | No comments yet
Aena will bring forward key infrastructure, safety, and digital upgrades across major Spanish airports before DORA III begins.
On 1 July 2025, Spain’s Council of Ministers approved an additional €351 million investment in Spanish airports, beyond the scope of the current Airport Regulation Document for 2022–2026 (DORA II). These regulated investments, which could not have been foreseen when DORA II was approved, aim to bring forward actions that would otherwise be scheduled for the next regulatory period, DORA III (2027–2031).
The new funding will help adapt airport infrastructure to updated regulatory requirements, strengthen safety and cybersecurity, improve passenger experience, and reduce the operational impact of terminal upgrades. These improvements are seen as essential and beneficial across the Spanish airport network, with work progressing on projects at airports including Alicante-Elche Miguel Hernández (ALC), Valencia (VLC), Bilbao (BIO), César Manrique-Lanzarote (ACE), Ibiza (IBZ), Málaga-Costa del Sol (AGP), Menorca (MAH), Tenerife Norte-Ciudad de La Laguna (TFN), Tenerife Sur (TFS).
One of the most significant allocations is €84 million towards accelerating the ongoing terminal area remodelling at Palma de Mallorca Airport. A further €86 million will fund upgrades in passenger screening systems, including EDSCB (Explosive Detection System for Cabin Baggage), which allows liquids and electronics to remain in hand luggage, and ATRS (Automatic Tray Return System).
An additional €15 million will be invested in operational and physical safety measures. Cybersecurity, in response to new regulatory requirements around information security risks, will receive €62 million.
Digitalisation and automation of airport processes will be enhanced with €65 million, while €7 million will support the rollout of remote-controlled boarding bridges. Aena will also advance €13 million for the technical design of terminal expansions planned for DORA III.
To support airport decarbonisation, €13 million will go towards process electrification, and €6 million will be used to meet the obligations of Royal Decree 487/2022 on legionella prevention.
Looking ahead, Aena is finalising its DORA III investment proposal for 2027–2031. This will be submitted for consultation with airlines and is expected to represent “the largest wave of investment in recent decades.”
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Alicante-Elche Miguel Hernández (ALC), Bilbao (BIO), César Manrique-Lanzarote (ACE), Ibiza (IBZ), Málaga-Costa del Sol (AGP), Menorca (MAH), Tenerife Norte-Ciudad de La Laguna (TFN), Tenerife Sur (TFS), Valencia (VLC)
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Europe
International Airport Review
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02 July 20253 min readSpanish Government Approves €351 Million Airport Investment To Accelerate Upgrades Before 2027
International Airport Review
02 July 2025
airport
Apollo Finalises $750M Financing For India’S Mumbai International AirportAsset manager Apollo has finalised a $750m investment-grade financing deal for India’s Mumbai International Airport (MIAL), a subsidiary of Adani Airports Holdings (AAHL).
This transaction involved Apollo-managed funds and long-term investors.
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The four-year senior secured notes will primarily refinance MIAL’s existing debt, enhancing financial flexibility to support operational improvements, modernisation efforts, and sustainability projects.
The financing structure also provides up to $250m in additional funds to advance capital investments and expand capacity.
Chhatrapati Shivaji Maharaj International Airport (CSMIA), India’s second-largest airport, is one of eight airports operated by AAHL, a division of the Adani Group focused on airport infrastructure development.
MIAL operates through a public-private partnership, with AAHL holding a 74% stake and the Airports Authority of India owning the remaining 26%.
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Apollo Partner Jamshid Ehsani said: “Working with the Adani Group, we are pleased to deliver a scaled, bespoke capital solution for MIAL, supporting a critical infrastructure asset and the next phase of its ambitious growth capex plans.
“This marks Apollo’s second large financing for MIAL, having previously provided operational flexibility to deleverage and now delivering an investment grade rated solution.”
MIAL is committed to sustainability, aligning with the UN Sustainable Development Goals.
Its initiatives include adopting electric vehicles, improving energy efficiency, enhancing water conservation, and targeting net-zero emissions by 2029.
AAHL CEO Arun Bansal said: “This financing provides us with greater operational flexibility and positions us to further enhance the airport experience for millions of travellers.
“With Apollo’s continued support and the Adani Group’s proven execution capabilities, we are well-positioned to realise our vision of transforming MIAL into a world-class asset with a focus on efficiency, comfort and sustainability.”
Legal counsel for MIAL was provided by Allen & Overy and Cyril Amarchand Mangaldas, while Milbank and Khaitan & Co advised Apollo.
In June 2024, India’s Directorate General of Civil Aviation (DGCA) launched an investigation into a near-miss incident at CSMIA, where an Indigo plane landed just behind an Air India aircraft.
The DGCA also announced that the air traffic control (ATC) staff involved in the incident have been removed from their shifts at the airport.
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Airport Technology
airport
24 June 20253 min readApollo Finalises $750M Financing For India’S Mumbai International Airport
Airport Technology
24 June 2025
airport
Tucson Airport Authority Contributes $10.9 Billion In Annual Economic Impact To Southern ArizonaTucson, Arizona – Tucson International Airport (TUS) and Ryan Airfield (RYN), operated by the Tucson Airport Authority (TAA), contribute $10.9 billion in annual economic impact to southern Arizona supporting 42,012 jobs paying $2.9 billion in wages. Those figures are part of a new economic study conducted by Elliott D. Pollack & Company for the TAA.
The study highlights the important role the airports play in attracting and retaining high quality jobs and economic growth in the region. TUS, which spans over 8,400 acres accounts for vast impacts on the business enterprises of Southern Arizona.
“This study quantifies how important TUS and RYN are as economic engines that benefit the Southern Arizona region. We take our role as a steward of the airport system seriously and are proud to be an economic pillar for the community. We are committed to the continued growth in air service and economic development to best serve our region” says TAA President/CEO Danette Bewley.
Read the full report here.
Airport Improvement
airport
24 June 20251 min readTucson Airport Authority Contributes $10.9 Billion In Annual Economic Impact To Southern Arizona
Airport Improvement
24 June 2025
airport