Hashtag: #AirportRedevelopment
Skyport Temporarily Closes Air Cargo Terminal
Skyport announced that the “Air Cargo Terminal at the L.F. Wade International Airport will be closed for operations on Saturday, February 24, 2024 to allow for a planned utility shutdown at the facility between 5:00 AM and 7:00 PM.” A spokesperson said, “The temporary shutdown is necessary to facilitate ongoing construction works at... Read more of this article
Skyport Launch $4.9M Runway Lighting Upgrade
Skyport is starting a project to “upgrade the Runway 30 approach lighting system,” and said the “$4.9 million runway approach lighting project is part of Skyport’s ongoing multi-million-dollar capital investment in Bermuda’s airport.” A spokesperson said, “Skyport, operator of the LF Wade International Airport, is embarking... Read more of this article
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
Skyport To Invest $4.5M In Air Cargo Terminal
Skyport said they are “set to invest approximately $4.5 million in the comprehensive renovation of the Air Cargo Terminal at the airport” and have ”issued a Request for Expressions of Interest [EOI] to operate and maintain a newly renovated Air Cargo Terminal at the airport.” A spokesperson said, “Bermuda Skyport Corporation... 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
Video: ‘Taking Off’ Highlights Airport Awards
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport, with this episode highlighting the Bermuda airport’s awards. Speaking in the episode, Mikaela Pearman said, “We’ve got something big to celebrate! The LF Wade International Airport has been voted the Best Airport... Read more of this article
Video: ‘Taking Off’ Highlights Eugene Ball
Skyport has released the latest episode of ‘Taking Off’, a video series with host Mikaela Pearman that highlights the airport, with this episode featuring Eugene Ball, General Manager of Cedar Aviation. Speaking in the episode, Mikaela Pearman said, “This week, we bring you another episode in our new series Inside LF Wade. Have you ever driven... Read more of this article
Minister: $8.45 Million MRG Payment To Skyport
To date, the Government has made five Minimum Revenue Guarantee [MRG] payments to Skyport, with the most recent $8.4 million payment covering the shortfall from July to September 2021, Minister of Transport Lawrence Scott said. Speaking in the House of Assembly today [Nov 12] the Minister said, “On 10th October Skyport, provided the Airport Authority... Read more of this article
Aecon Wins Canadian Award For Airport Project
The Bermuda Airport Redevelopment project has been awarded for innovation and excellence in Canada. A spokesperson said, “The Canadian Council for Public-Private Partnerships announced the 2021 winners of national awards for innovation and excellence with Aecon Concessions named as one of five winners for the Airport Redevelopment Project. The LF... Read more of this article
