Hashtag: #Aecon
Aecon Completes Sale Of 49.9% Of Skyport
Aecon Group Inc. announced the “closing of the previously disclosed agreement with Connor, Clark & Lunn Infrastructure to sell a 49.9% interest in the L.F. Wade International Airport [Bermuda International Airport] concessionaire, Bermuda Skyport Corporation Limited.” “The final sale price was US$120 million following certain closing... Read more of this article
OBA Leader On Premier’s Comments & Skyport
[Updated] Bermuda’s airport “has been used by the PLP as a political wedge to divide Bermudians,” Opposition Leader Cole Simons said, adding that ”Bermuda and the Burt Government should and must celebrate, and embrace the introduction of CC&L as they may bring greater potential for future inward investment opportunities for... Read more of this article
CC&L: Airport Is ‘Resilient, Durable Asset’
“The L.F. Wade International Airport is an excellent example of a resilient, durable asset with potential for growth as passenger traffic recovers in the wake of Covid-19,” Canadian company CC&L Infrastructure said after purchasing a 49.9% interest in Skyport. A statement on their website announced the “acquisition of a 49.9% minority... Read more of this article
Susan Jackson: ‘Govt Should Welcome Them’
The “government should be welcoming them with open arms” as “CC&L is a testament to Bermuda as a vote of confidence in our future” Shadow Transport Minister Susan Jackson said after it was announced that the Canadian company CC&L will purchase 49.9% of Skyport for $128.5 million. Ms Jackson said, “When a prominent... Read more of this article
Premier: Returns Could Have Benefited Bermuda
“It is disappointing that Bermuda’s elected Government and Bermuda’s taxpayers have to sit idly by while foreign companies sell our airport for their own profit,” Premier and Minister of Finance David Burt said, adding that “the only thing the taxpayers will get from today’s sale is a bill on March 31st from Skyport... Read more of this article
Aecon To Sell 49.9% Of Skyport To CC&L
Aecon has entered into an agreement with Toronto-based CC&L Infrastructure to sell a stake in Skyport — which runs Bermuda’s airport — with CC&L Infrastructure to hold a 49.9% interest in the company, with the company noting that “there will be no operational, management, or staff changes at the airport as a result of... Read more of this article
Skyport: “$370 Million In Capital Investments”
“To date we have made approximately $370 million in capital investments in Bermuda, and these investments – together with 100% staff retention – have continued undiminished throughout the Covid-19 pandemic and airport shutdown,” Skyport said. A spokesperson said, “As recently announced by the Minister for Transport, the Government... Read more of this article
Aecon: Lower Revenue Due To Flight Suspension
Aecon Group – the Canadian company involved with Bermuda’s airport project – reported their results for the 2020 second quarter, saying that lower revenue was “primarily due to a slowdown and then suspension of commercial flight operations” at the Bermuda airport. A statement on their website said, “Revenue for the... Read more of this article
WRC Announces Partnership With Aecon
The Bermuda Women’s Resource Centre [WRC] has announced a partnership with Aecon “to deliver educational, training and networking opportunities.” A spokesperson said, “The Bermuda Women’s Resource Centre [WRC] is pleased to announce a partnership with Aecon, a leader in the construction and infrastructure development industry to deliver... Read more of this article
Airport Charity Classic Raises Over $30,000
The Airport Charity Classic organized by Skyport, Aecon & Bermuda Airport Authority raised more than $30,000 for two local charities in its second year. The event was held on October 10 at Tucker’s Point Golf Club with all proceeds going to Tomorrow’s Voices and SCARS [Saving Children and Revealing Secrets]. Twenty-eight teams registered to... Read more of this article
Winners Of Airport Art Contest Announced
Bermuda Skyport and Aecon Airport Constructors have chosen the artists to display works in the new passenger terminal building when it opens next year. The winners are: Christina Hutchings, Daniel DeSilva, Edwin Smith, Jahday Ford, Jonathan Northcott, JP Rouja, Michele Smith, Milton Hill, Otto Trott, Vaughan & Amy Evans, William Gringley and Zoe... Read more of this article
Aecon & Skyport Celebrate ‘Safety Week’
Aecon and Skyport celebrated Safety Week – marking Aecon’s 15th annual Safety Week with a special event at the site of the new airport terminal. It was the third Safety Week in Bermuda and is a company-wide initiative that is held at every Aecon project site across Canada and internationally, with approximately 12,000 people in attendance. Frank... Read more of this article
