������������������������������������ ������������������������������������ ������������������������������ ��������������������������������������������������

��������������������� �������������

Cover image courtesy of Rubberball / Mike Kemp / Getty Images.

Issue 3 Volume 18

3 Opinion

10 News

12 Busy times

Joe Bates looks back at some of the highlights from the recent ACI Asia-Pacific Regional Assembly, Conference and Exhibition in Phuket.

15 Game on

Africa learnt more about the airport city phenomenon at the recent Airport Cities World Conference and Exhibition( ACE) in Ekurhuleni, writes Steven Thompson.

16 ACI news

19 View from the top

ACI director general, Angela Gittens, reflects on the importance of putting passengers first and the need to do more to promote a more positive public perception of airports.

20 Passage to India

Oliver Clark talks to GVK Power and Infrastructure Limited chairman, Sanjay Reddy, about his company’ s plans to modernise its airports in India and further afield.

24 Cautious optimism

An airline merger and a $ 6.5 billion capital improvement programme promise to breathe new life into Philadelphia International Airport, writes Nicole Nelson.

28 Airport profitability

Despite the sizeable commercial profits of some of the world’ s biggest gateways, the majority of airports lose money. Graham Newton asks why and if anything can be done to reverse the trend.

34 New money

Is the airport industry going to be the next big beneficiary of Islamic financing? Umar Moghul considers its merits and appeal for gateways looking to fund key construction projects.

36 China’ s mission

Peter Morris and Joanna Lu report on the financial challenges facing China’ s airports as the country bids to upgrade its infrastructure to cope with future growth.