A joint venture (JV) led by Alibaba Group’s logistics unit Cainiao Network secured a contract from Airport Authority Hong Kong to develop and manage a $1.5bn logistics centre at Kwo Lo Wan in the South Cargo Precinct of Hong Kong International Airport (HKIA).
Other constituents of the JV are China National Aviation Corporation (Group) and YTO Express.
Covering 5.3ha and with an estimated gross floor area of 380,000m², the centre will feature new technologies such as automated warehousing and temperature-control solutions.
Boeing’s venture capital arm HorizonX Ventures invested in US-based startup Kittyhawk, which develops software to help manage traffic of commercial unmanned aircraft systems (UAS).
Kittyhawk’s technology will work to develop a UAS traffic management system (UTM) that will simultaneously allow commercial drones and piloted aircraft to fly safely in the same airspace.
HorizonX Ventures invested in the drone startup through a seed funding round led by Bonfire Ventures, which also saw the participation of Freestyle Capital.
Chinese technology firm Huawei has launched its Smart Airport 2.0 Solution that provides airports with a one-stop information and communication technologies (ICT) platform featuring Cloud-pipe-device collaboration.
The solution, which was rolled out at CEBIT 2018 in Hannover, Germany, covers aspects such as visualised operational processes, safety, services, and airport Internet of Things (IoT).
Huawei stated that the new Smart Airport 2.0 Solution focuses more on technology connection among intelligent video surveillance, Big Data and artificial intelligence, and the IoT.
Vancouver International Airport (YVR) unveiled its revised 20-year expansion blueprint with a total investment of C$9.1bn ($6.93bn) to ramp up its infrastructure and help manage increased passenger growth.
The updated estimate translates into a 62.5% surge from the original estimate of C$5.6bn ($4.26bn), which was announced by the Vancouver Airport Authority in January last year.
Under the modified multi-year expansion plan, the airport authority has broken ground on a number of construction projects.
New World Development Company selected global design studio Lead 8 as the lead design architect for the $2.5bn SkyCity Airport RDE complex at Hong Kong International Airport (HKIA).
New World Development Company recently secured the tender for the commercial development in SkyCity (SkyCity A2 and A3 sites).
The decision to select Lead 8 was based on its recent designs that integrate transportation, retail, and dining for landmark developments.
Airport operator Avinor allocated a total of Nkr3.3bn ($403.8m) to upgrade the airside part of the terminal at Oslo Airport in Norway.
The company believes that the proposed improvement will provide a significantly better service to passengers travelling to and from countries outside the Schengen area.
Construction works are scheduled to commence in October while the expansion is expected to be completed during the second quarter of 2022.
The US Department of Transportation revealed that the Federal Aviation Administration (FAA) will award $677m in airport infrastructure grants as part of its $3.2bn Airport Improvement Program (AIP) funding destined for airports across the country.
The money will be split between 241 grants for the funding of 346 infrastructure projects, including runways, taxiways, aprons and terminals.
According to the latest FAA figures, the US civil aviation contributes approximately $1.6tn a year to the country’s economy and supports nearly 11 million jobs. There are a total of 3,323 airports and 5,000 paved runways across the US.
Springfield Airport Authority launched a $10.5m capital improvement programme to upgrade general business aviation facilities and roadways at the Abraham Lincoln Capital Airport in Illinois, US.
Construction work also started on car parking improvements for the main passenger terminal complex.
Springfield Airport Authority board chair Frank Vala stated: “Today, we continue our efforts to rebuild and modernise major airport facilities to better serve our local aircraft owners and operators, commercial airline passengers and visitors to Springfield.
The Metropolitan Nashville Airport Authority (MNAA) broke ground on the new $268m Concourse D at Nashville International Airport (BNA) in the US.
Under the project, which is part of MNAA’s BNA Vision growth and expansion plan, Concourse D will be constructed over an area of 115,000ft². The facility will house six domestic aircraft gates and a range of new dining and retail venues.
In addition to building a new concourse, the project involves the expansion of the airport’s ticketing lobby and baggage claim by adding 200,000ft² of space to the north and south ends of the terminal.
The Gerald R Ford International Airport (GFIA) in the US released its 20-year ‘Master Plan’, which includes the provision of more covered parking options, concourse renovations and additions, as well as an open a Federal Inspection Station.
Once the GFIA Authority Board approves, the Master Plan will be submitted for review and approval to the US FAA.
GFIA president and CEO Jim Gill said: “As we continue to grow, it is imperative that our facilities, grounds, airside accessibility, and every facet of our airport keep up with the demand from passenger traffic.