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The UK government has decided to assess financial support for airports during covid-19 on a case-by-case basis, rather than providing a wholesale support package.
Airports in Australia have been hit hard by coronavirus, just as in almost every other country. How bad is the situation and what will Australian asset managers do to mitigate the impact?
Transport assets are likely to be hit the hardest from the coronavirus crisis, although much will depend on the contracts behind the assets.
Sydney skyline
Treasurer Dominic Perrottet announces a scoping study with proceeds to be reinvested in infrastructure in a continuation of the state’s asset recycling programme.
Results of the regional awards, including investor of the year and equity fundraising of the year.
Rejections of Bristol and Heathrow Airports’ expansion plans in the UK – alongside the impact of global health scares – cast a shadow on a popular infrastructure asset.
London UK
In our final Deep Dive instalment, we look at the UK, the first to emphatically reject PPPs, and find an unresolved debate on value-for-money and poorly shared refinancing gains as lessons to be learned.
The twin spans of the Blue Water Bridges international crossing between the cities of Port Huron, Michigan and Sarnia, Ontario is one of the busiest border crossings between Canada and the United States.
In the third instalment of our Deep Dive into PPPs, we look at North America and find the private sector has to help the model transition to a more developer-owned or managed scheme.
MidRail claims the Swiss firm has been 'unjustly enriched' at its expense through 'exploitation of MidRail's confidential information'.
Airplane
But interest from the private sector was strong with 18 firms expressing interest in operating Lambert airport under a PPP agreement that would have generated $2bn in net proceeds for the city.
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