Iceland spending US$1b on boosting airport capacity
A tourist boom has caused traffic at Iceland’s Keflavik airport to grow more than 5-fold over the past 9 years, with a predicted 10m passengers this year. Now Iceland’s main entry point to the world is preparing to accommodate twice as many. The airport expects to invest about US$1b over the next 7 to 8 years to make room for new airlines and routes as it touts itself as a hub between Europe and the US. Domestic carriers Icelandair and Wow Air have opened routes to mid-size cities in North America, while Delta, United, American Airlines and Air Canada have or will soon start flying out of Keflavik. The airport will pick up the pace of investments after spending about $372m since 2011, and will need the help of foreign investors as it takes its biggest steps, according ISAVIA, the state-owned company that operates all airports in Iceland. <br/>
https://portal.staralliance.com/imagelibrary/news/hot-topics/2018-01-16/general/iceland-spending-us-1b-on-boosting-airport-capacity
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Iceland spending US$1b on boosting airport capacity
A tourist boom has caused traffic at Iceland’s Keflavik airport to grow more than 5-fold over the past 9 years, with a predicted 10m passengers this year. Now Iceland’s main entry point to the world is preparing to accommodate twice as many. The airport expects to invest about US$1b over the next 7 to 8 years to make room for new airlines and routes as it touts itself as a hub between Europe and the US. Domestic carriers Icelandair and Wow Air have opened routes to mid-size cities in North America, while Delta, United, American Airlines and Air Canada have or will soon start flying out of Keflavik. The airport will pick up the pace of investments after spending about $372m since 2011, and will need the help of foreign investors as it takes its biggest steps, according ISAVIA, the state-owned company that operates all airports in Iceland. <br/>
