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Premium Analysis Turkey’s TAV Airports is a globally known operator of airports but works mainly within a narrow band of East Europe and West/Central Asia, apart from the six (of 13 in total) airports within Turkey itself that it is associated with. For some time it has continued to focus on the Balkans, and Central Asia in particular, and it is becoming increasingly evident that its desire is to benefit from the Chinese Belt and Road initiative, a.k.a. the New Silk Road, which will encompass...

Analysis Vietjet Aviation Joint Stock Company, parent of Vietnamese LCC Vietjet, has become one of a tiny number of airlines to have made a profit for the full year 2020. Vietjet reported a USD11.9 million after tax profit for the fourth quarter of 2020, and a net return of USD3 million for the full year. According to the airline, ancillaries accounted for nearly 50% of total revenue. Vietjet has also carried 60,000 tons of cargo for the year. After a shaky mid-2020, Vietjet has recovered well ...

Premium Analysis Sporadically, there are still airport transactions. Under a recent one in Australia the small Coffs Harbour Airport between Sydney and Brisbane was leased to an Australian investment fund under an extendable 50-year deal. No one can imagine what the air transport business will look like in 50 years, let alone the 99 years that this transaction could eventually run to. Local councils, often taking a negative attitude to private sector involvement in their airports, can stop them...

States ranked from most to least woodsy By Betsy Vereckey of Stacker | States ranked from most to least woodsy America’s national forests do more than offer us opportunities to play outside in nature. They protect our wildlife and play a valuable role in our ecosystems. Even in cities, they boost air quality, moderate air temperatures, and help reduce harmful ultraviolet radiation. 2019 was a banner year for the nation’s forests. According to a December United States Department of Agri...

Premium Analysis Suvarnabhumi Airport gained an unwanted notoriety after it opened, 15 years ago this year, at full capacity. That necessitated the reintroduction of Don Mueang airport into the Bangkok system and Don Mueang is still there, handling much of the budget airline traffic that really should be at the newer airport. At long last, various schemes have come together that by 2024 will collectively permit Suvarnabhumi to offer considerably expanded capacity by way of additional terminal s...

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