Infrastructure, Construction & Developments

[Jetsco]

Did I read somewhere on here about EDI currently having some terminal constraints which could potentially hamper growth?

That’s correct. Early S24 constraints. Runway upgrade, taxiway widening and installation of new scanners in security.

 

[Viscount]

Do we know what the runway upgrades are

 

[Jetsco]

Do we know what the runway upgrades are

First phase is widening of taxiway leading on to the runway.

 

[diamond geezer]

First phase is widening of taxiway leading on to the runway.

I can't see such a taxiway widening project listed in 2.1 below. Where exactly is it being widened and by how much?

https://pnl1-word-view.officeapps.live.com/wv/mWord.aspx?ui=en%2DGB&rs=en%2DGB&WOPISrc=http%3A%2F%2Fpnl1%2Dview%2Dwopi%2Ewopi%2Eonline%2Eoffice%2Enet%3A808%2Foh%2Fwopi%2Ffiles%2F%40%2FwFileId%3FwFileId%3Dhttps%253A%252F%252Fassets%252Ectfassets%252Enet%253A443%252F2hwzhse7szu0%252F7sbEmSl72KuTmxKPo5ZwT0%252F3a115f49e088da6133c4cabdd74c79ca%252F2023%255FQ3%255FEACC%255Freport%252Edocx&access_token_ttl=0&wdOrigin=BROWSELINK&hid=9dce1eaf-958f-42af-87d9-e05139d433b7&access_token=1&wdMobileHost=2

 

[Jetsco]

I can't see such a taxiway widening project listed in 2.1 below. Where exactly is it being widened and by how much?

https://pnl1-word-view.officeapps.live.com/wv/mWord.aspx?ui=en%2DGB&rs=en%2DGB&WOPISrc=http%3A%2F%2Fpnl1%2Dview%2Dwopi%2Ewopi%2Eonline%2Eoffice%2Enet%3A808%2Foh%2Fwopi%2Ffiles%2F%40%2FwFileId%3FwFileId%3Dhttps%253A%252F%252Fassets%252Ectfassets%252Enet%253A443%252F2hwzhse7szu0%252F7sbEmSl72KuTmxKPo5ZwT0%252F3a115f49e088da6133c4cabdd74c79ca%252F2023%255FQ3%255FEACC%255Freport%252Edocx&access_token_ttl=0&wdOrigin=BROWSELINK&hid=9dce1eaf-958f-42af-87d9-e05139d433b7&access_token=1&wdMobileHost=2

31414. taxiways and stand refurb. Listed as design. I’m led to believe that the design is complete and works could start right away. I don’t know the size of the widening but understand it is the railway end of runway to begin with. It’s certainly quite tight currently for wide-bodies. A big caveat is of course the sale of the airport. Any significant expenditure may be put on hold until the process finds its course.

 

[Jetsco]

Sale or no longer for sale??

A potentially game changer announcement made a short time ago. Blackrock, One of the world’s largest asset collector co has acquired GIP, the current owners of EDI. Effectively, EDI is now an asset of BR. The stated aim of Blackrock is to invest heavily in major infrastructure projects such as airports. Will this news effectively kill of the sale process? If retained in the Blackrock portfolio, this may result in serious investment at EDI. Potentially very exciting news.

 

[Aviador]

Sale or no longer for sale??

A potentially game changer announcement made a short time ago. Blackrock, the world’s largest asset collector co has acquired GIP, the current owners of EDI. Effectively, EDI is now an asset of BR. The stated aim of Blackrock is to invest heavily in major infrastructure projects such as airports. Will this news effectively kill of the sale process? If retained in the Blackrock portfolio, this may result in serious investment at EDI. Potentially very exciting news.

BlackRock to buy Global Infrastructure Partners for $12.5bn

Deal would create world’s second-biggest infrastructure firm and shake up private market investing

www.ft.com

I guess if could kill off the sale process, especially if Blackrock were involved anyway. I imagine you would prefer to see Blackrock hold on to the airport rather than continuing with the sale. Would it be right to assume Blackrock will have already fully assessed the Global Infrastructure Partners portfolio?

 

[Jetsco]

BlackRock to buy Global Infrastructure Partners for $12.5bn

Deal would create world’s second-biggest infrastructure firm and shake up private market investing

www.ft.com

I guess if could kill off the sale process, especially if Blackrock were involved anyway. I imagine you would prefer to see Blackrock hold on to the airport rather than continuing with the sale. Would it be right to assume Blackrock will have already fully assessed the Global Infrastructure Partners portfolio?

My understanding of the situation is GIP will continue to manage EDI. The sale is Blackrock acquiring GIP. Any major expenditure or airport expansion decisions will be made by BR. They could of course decide to sell the asset (EDI) at some point. However, it wouldn’t make much sense, in the short term, to sell an asset they clearly see as valuable and a potential money maker somewhere down the line. The key for EDI is if the new owner is prepared to spend serious cash to take the airport to the next level.

 

[Jetsco]

Terminal Expansion

The much discussed terminal expansion appears to be on the radar again. A significant expansion in the next few years, creating a much expanded area for international flights. Most domestic flights being handled through gates 1-3. Thinking about the current layout, with all international arrivals being processed through arrivals 2, this would free up significant space at ground floor level, currently used as international arrivals 1. Interesting times ahead. Thanks to PM for the link.

MSN

 

[Aviador]

Terminal Expansion

The much discussed terminal expansion appears to be on the radar again. A significant expansion in the next few years, creating a much expanded area for international flights. Most domestic flights being handled through gates 1-3. Thinking about the current layout, with all international arrivals being processed through arrivals 2, this would free up significant space at ground floor level, currently used as international arrivals 1. Interesting times ahead. Thanks to PM for the link.

MSN

That's good news and indicates the new owners are keen to continue developing the airport as opposed to selling the airport do you think?

 

[Jetsco]

That's good news and indicates the new owners are keen to continue developing the airport as opposed to selling the airport do you think?

Direct staff at the airport have been told to expect significant change in the next three years. This ties in with the info detailed in report. Four gates with airbridges for domestic routes with 6 remote stands directly opposite the terminal. Additional remote stands to the east for over flows. This leaves a significant chunk of the existing terminal for international flights. The plans should be available to view in the public domain shortly I understand.