Earning Its Wings

Published: 31 October 2004 y., Sunday
A newly designed terminal, scheduled to open at the end of 2005, will ultimately increase capacity to 17 million passengers. With the fastest-growing airport of the new European Union members, it comes as little surprise that Prague has been chosen to host a major airport-industry trade conference. At the Global Airport Development conference in November, Vaclav Muchna, head of international affairs for the Czech Airports Authority (CSL), the government agency tasked with managing Prague's Ruzyne airport, is expected to discuss the prospects of privatization and the ongoing expansion work at Central Europe's largest airport. With two expansion projects on track and a 30 percent growth in passenger traffic this year, Ruzyne is fast growing into a major airport, but it faces challenges if it wants to remain competitive against more-developed airports in Western Europe. The European Bank for Regional Development, which has attempted to promote the development of Czech airports, is interested in equity participation in Ruzyne. Macquarie Airport Group, part of the Australian bank conglomerate that manages $4 billion in airport assets, and the French construction company Vinci have both identified Prague as an attractive investment. Despite the interest, government officials have remained mum about the prospect of selling the airport.
Šaltinis: praguepost.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

SNORAS Group company will become the largest shareholder of UAB “Lietuvos rytas”

On 22 of June this year, the board of the newly established company of AB Bank SNORAS - UAB “SNORO Media Investicijos” - made a decision to invest in the shares of UAB “Lietuvos rytas” and to acquire 34 per cent of the authorised capital of the company. more »

ATMs service in Russia, Eastern Europe is focus of Intergam, The Bankers Exchange partnership

The Banker's Exchange is joining forces with Chicago-based Intergam Logistics as part of a global expansion initiative into the ATM support market. more »

Back to the ballot box

Lisbon treaty and financial supervision dominate debate at EU summit. more »

Obama unveils bank reform plans

In the most sweeping financial reform proposal since the Great Depression, President Barack Obama unveiled plans to overhaul the U.S. financial regulatory system, saying the events that led to the U.S. financial crisis make the proposed changes necessary. more »

Gas Coordination Group, in the light of explanations given by Gazprom and Naftogaz, studies the measures possibly needed to secure next winter season's supplies

Due to the rising concerns on a possible disruption of Russian gas supplies to Europe coming through Ukraine, the Commission has chaired a meeting of the Gas Coordination Group to assure a stronger EU coordination and to secure energy supplies to European citizens. more »

Google to help reboot Mexico tourism

Mexico signs an agreement with Google to help revive tourism at its historical sites, after the swine flu epidemic. more »

Equality in a time of crisis

The recession could hit working women harder than men, an EU study warns, underscoring persistent disparities between the sexes in the European labour market. more »

US gun sales up

The first 4 months of 2009 saw 25 percent more FBI background checks on prospective firearm buyers compared to the same period last year in US. more »

Three years in a row does AS “Latvijas Krājbanka” receive the Deutsche Bank AG award for the outstanding quality of the outgoing payments

AS “Latvijas Krājbanka”, managed by AB Bank SNORAS, was presented with the annual prize of Deutsche Bank AG, one of the largest European banks, for the excellent quality of the outgoing payments. more »

Danske Bankas increases interest rate for fixed-term deposits in litas

Danske Bankas has made another increase in the interest rate for fixed-term deposits in litas for both private and corporate clients. more »