Deals this week: SAS, Groupe ADP, SCL-Turbo Consortium

29 June 2018 (Last Updated June 29th, 2018 11:41)

The Norwegian Government has raised Skr652m ($73.42m) through a private placement of the remaining 37.8 million SAS shares.

The Norwegian Government has raised Skr652m ($73.42m) through a private placement of the remaining 37.8 million SAS shares.

Priced at Skr17.25 ($1.94) each, the shares were sold to multiple institutional investors in a book-building process. Sale of the remaining 9.88% stake marks the government’s full exit from the Scandinavian airline.

Groupe ADP and The Airport Authority Hong Kong (AAHK) have signed two memorandums of understanding to enhance airport operation and development in different areas.

The partners will focus on airport management and development of aviation and cargo facilities at two airports to improve operational efficiency, security, quality, and environmental protection.

“The Greater Orlando Aviation Authority and the US Customs and Border Protection have entered a partnership to mandate a biometric entry and exit system at Orlando International Airport.”

The collaboration also aims to improve network connectivity and support talent development through a staff exchange programme.

The Greater Orlando Aviation Authority (GOAA) and the US Customs and Border Protection (CBP) have entered a partnership to mandate a biometric entry and exit system at Orlando International Airport (MCO) in the US.

Biometric scanning will allow the CBP to enhance security by screening arriving and departing international travellers, under the CBP experimental programme.

CBP has installed cameras at 13 airports so far under the programme.

The use of biometric scanners at MCO will also reduce the number of printed passports and boarding tickets used.

SCL-Turbo Consortium has signed a concession agreement with Andhra Pradesh Airport Development Corporation (APADCL) for the development of a greenfield airport at Dagadarthi town of Nellore district.

The airport will be built on a 1,352-acre site situated 25km away from Nellore, with an investment of Rs3.68bn ($54.03m).

Scheduled to start operations in January 2020, Dagadarthi airport will stimulate socio-economic, tourism and industrial development in the region.

APADCL is owned by the state Government of Andhra Pradesh, India.

SSP has been selected by Bahrain Airport Company (BAC) to operate food and beverage outlets in the new passenger terminal of the Bahrain International Airport (BIA).

SSP will partner with Buhindi Group to operate a total of 17 outlets, including TGI Fridays, EAT, illy caffè, Ritazza, Burger King, Camden food co, and Italian brand Levito.