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The bid is conditional on UniSuper, which owns 15% of the airports shares keeping its equity stake in the company.
India
The country’s aviation sector will be the last to recover, but while the power segment has proved resilient, significant delays in receivables are worrying, S&P Global Ratings says.
The European Union keeping US passengers off  its revised pandemic travel list means a large chunk of long-haul international flights will take longer to resume operations.
II cover story Jul_Aug 2020
With the coronavirus grounding air travel to a halt and the industry bracing itself for prolonged disruption, we investigate what investors are doing to make these assets return to good health.
‘We believe visibility and confidence in the recovery are unlikely before the end of 2020’, S&P Global Ratings said.
Long a favourite asset of infra investors, airports' risk profile suddenly changed with the onset of the coronavirus, suffering more than 90% drops in traffic in April.
Airport
S&P Global Ratings says it does anticipate secular change in the aviation sector but that consumer confidence will take some time to return.
The move comes despite announcements from British Airways and Virgin Atlantic on a suspension of activities at the London site.
The bill to privatise the French airport operator is unlikely to return even in the event of an economic turnaround.
Global air travel will not reset until Q1 or Q2 of 2021, the group said in a report.
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