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Airport Services

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  • Want cheap airport parking? Don’t fly from here! Friday, 6 Mar 2015 | 11:53 AM ET

    All five of London’s major airports have made the top 10 for the world’s most expensive car parks in airports.

  • NEW YORK'S LAGUARDIA AIRPORT CLOSED DUE TO "AIRCRAFT INCIDENT," FAA SAYS AFTER PLANE SKIDS OFF RUNWAY.

  • Is Singapore getting airport crazy? Tuesday, 24 Feb 2015 | 11:32 PM ET
    Singapore's Changi Airport

    Singapore is budgeting $3 billion for a fifth airport terminal before the fourth is even completed, but it isn't clear the travelers will come.

  • LoungeBuddy raises cash, benefits from airport delays Tuesday, 24 Feb 2015 | 12:35 PM ET

    SAN FRANCISCO, Feb 24- LoungeBuddy, a business that allows travelers short-term access to airport lounges, said on Tuesday it had raised $3 million in venture capital, bringing the company's valuation to $18 million. Founders Fund, the venture firm founded by PayPal co-founder Peter Thiel, led the latest round in raising cash but will not take a board seat,...

  • Obama: US security funding lapse will hit economy Tuesday, 24 Feb 2015 | 3:27 AM ET
    Barack Obama

    President Barack Obama warned on Monday that a partial shutdown of the Department of Homeland Security would hurt the U.S. economy.

  • President Barack Obama warned on Monday that a partial shutdown of the Department of Homeland Security would suspend pay for more than 100,000 border patrol, port inspection and airport security agents. Homeland Security spending authority will expire at midnight on Friday unless Congress approves new funding. A new $39.7 billion budget for the...

  • Feb 20- United Airlines has opened an internal investigation into its relationship with the former chairman of the Port Authority of New York and New Jersey, following a government probe, according to its annual filing on Friday. Media reports have said the government is probing whether United added direct flights from its Newark hub to an airport near a home of...

  • Blizzard conditions forced the cancellation of more than 1,800 U.S. airline flights, most of them into and out of airports in Boston and New York, where wind gusts of up to 60 miles per hour were predicted. The temperature at 1 p.m. in Boston was around 18 degrees Fahrenheit, but felt like zero thanks to wind chill. "Hopefully, it will stop eventually," Boston Mayor Martin...

  • UPDATE 1-Greece to review airport lease deal-minister Saturday, 14 Feb 2015 | 3:45 AM ET

    ATHENS, Feb 14- Greece plans to review a 1.2 billion euro deal for German airport operator Fraport to run 14 regional airports, one of Greece's biggest privatization deals since its debt crisis began in 2009, the state minister said on Saturday. Fraport, in partnership with Greek energy firm Copelouzos, agreed with the Greek privatization agency in 2014 to run...

  • Greece to review airport lease deal-minister Saturday, 14 Feb 2015 | 3:13 AM ET

    ATHENS, Feb 14- Greece plans to "review" a 1.2 billion euro deal for German airport operator Fraport to run 14 regional airports, its state minister told Greek TV on Saturday. Fraport, in partnership with Greek energy firm Copelouzos, agreed with the Greek privatization agency in 2014 to run airports in popular tourist destinations like Corfu.

  • Feb 13- United Airlines will outsource about 1,150 positions at 16 airports across the country, but reached tentative agreements with its union to keep another 800 jobs in-house that also had been under scrutiny, a company spokesman said on Friday. Before taking effect, the agreement must be approved by a vote of the affected workers, who are located in or near...

  • *Offer values Saeta at 852 million euros. MADRID, Feb 13- Saeta Yield, the renewable energy business of Spanish builder ACS, priced its initial public offering at the low end of expectations on Friday, keen to take advantage of improving sentiment for Spanish listings. Though the renewables sector has been pummeled by Spain's six-year economic downturn and...

  • ACS renewables unit prices IPO at bottom of range Friday, 13 Feb 2015 | 3:22 AM ET

    MADRID, Feb 13- Saeta Yield, the renewable energy unit of Spanish builder ACS, on Friday priced its initial public offering at the bottom of its expected range to value the company at 852 million euros. The Saeta listing comes on the heels of the highly subscribed flotation of Spanish airport operator Aena earlier this week in Europe's biggest IPO since Glencore...

  • Europe's biggest IPO since 2011' s Glencore offer. The success of the 3.88 billion euro sale, Europe's largest initial public offering since Glencore raised 7.1 billion euros in 2011, shows faith in Spain's economic pick-up. That compares with valuations of 10.5 billion euros and 5 billion euros respectively for France's ADP and Germany's Fraport, Aena's...

  • World’s busiest airport group in record IPO Wednesday, 11 Feb 2015 | 8:30 AM ET
    A passenger looks out of the window at Aena-operated Barcelona-El Prat International Airport

    Shares in Aena soared as much as 17 percent on Wednesday as the company listed on the Bolsa de Madrid, in Spain's biggest IPO since 2007.

  • Aena CEO expects a Greece deal soon Wednesday, 11 Feb 2015 | 6:35 AM ET
    Aena CEO expects a Greece deal soon

    José Manuel Vargas Gomez, CEO and chairman of Aena, says he expects to see a debt agreement between Greece and Europe soon, and also comments on the recent introduction of sovereign bond-buying in Europe.

  • This makes Aena 'special' for investors: CEO Wednesday, 11 Feb 2015 | 6:30 AM ET
    This makes Aena 'special' for investors: CEO

    Today marks the first day of trading for Aena's landmark IPO. José Manuel Vargas Gomez, CEO and chairman of Aena, explains why investors should buy into his company.

  • Aena CEO: Aena & the Spanish economy Wednesday, 11 Feb 2015 | 6:30 AM ET
    Aena CEO: Aena & the Spanish economy

    Is Aena's IPO a reflection of the current state of the Spanish economy? José Manuel Vargas Gomez, CEO and chairman of Aena, says his company is very much linked to "the evolution of the domestic economy."

  • Feb 5- Even after two deadly crashes in seven months, TransAsia Airways Corp will likely rebound quickly as insurance covers any financial losses and its coveted routes through Taipei's downtown airport keep it popular with business travelers. "Songshan is in downtown Taipei... so their flights are valuable, especially for the corporate guys," said Marc Wang,...

  • SANTIAGO, Feb 4- A consortium led by France's Aeroports de Paris is the top bidder for a concession to run Santiago's international airport for the next 20 years and build a new terminal, as the Chilean capital seeks to become a hub for pan-Pacific traffic. The consortium consists of Aeroports de Paris, which runs Paris' Charles de Gaulle, France's Vinci Airports,...