Press release
Fair Growth in European Aviation industry Driving Demand for Airport Construction Projects-Ken Research
Europe construction projects,
The EU regulatory measure has turned a protected national aviation market into a competitive single market for air transport. The air-packages relaxed related to the fares, capacity and removing all commercial restrictions for European airlines operating within the EU. These changes in European aviation established European Single Aviation Market. The number of passengers in air transport increased rapidly over the years, which is the strongest growth in all modes of transport in Europe. The European Parliament has stressed the need for a common policy on air transport for the establishment and proper functioning of the Single Aviation Market.
The airport construction projects in Europe are followed by Timetric's Construction Intelligence Center (CIC)), which includes project details from the announcement to execution stages. The estimated total value of the airport construction projects in Europe is US $126.1 billion. The countries involved are Turkey, UK, Russia, Germany, Portugal, Austria, Norway, Italy, Ukraine and Greece.
A new passenger terminal was constructed at Zagreb International Airport, Croatia, to replace the existing damaged terminal. The expansion plans at the Amsterdam Airport, included the new fifth runway. The plans also involved the innovative automatic border passage system that uses iris recognition, enabling quick and secure border passage. Igor Sikorsky Kyiv Airport (formerly Zhuliany airport) is an international airport located 7km away from Ukraine's capital city. Domestic Terminal D at the airport was renovated and reopened in March 2017; facilitate the airport to accommodate up to two million passengers a year. Construction of a new Terminal B was proposed by airport operator in Luxembourg Airport Authority. The planning, preparation and construction works of the new terminal were started in the same year and will be complete by the mid of the year 2017. The investment in Tallinn International Airport is Estonia's is estimated €127m for its development between 2016 and 2020.
The European air traffic management is constantly exploring ways to manage capacity and growth with the infrastructure or runway expansion which is a perfect solution. Despite major economy doubts, the Europe’s aviation market remained sturdy in 2015. In the coming years Europe’s GDP may grow by 1.8% annually all the way through 2035. The European airlines carries approximately 307 million passengers, showing increase in passengers of about 12.3% over 2014. The aviation market is expected to grow rapidly during the next 20 years, while acquiring more than 7,500 new airplanes.
Topics Covered in The Report
Airport construction market Europe
Airport construction industry Europe
Europe Airport construction industry developments
Europe construction projects
Europe upcoming construction projects
Europe Airport Construction investment
Europe Airport construction regulations
Europe Airport construction regulations
UK Airport construction market
Germany Airport construction market
Germany Airport construction market growth
Germany Airport construction market trends
Germany Airport construction market Future
Germany Airport construction market analysis
Germany Airport construction market size
Spain Airport construction market
France Airport construction market growth
France Airport construction market trends
France Airport construction market size
France Airport construction market analysis
France Airport construction market
Europe aviation industry
Italy aviation sector
France aviation sector
To know more, click on the link below:
https://www.kenresearch.com/manufacturing-and-construction/infrastructure/airport-construction-projects-europe/109195-97.html
Related reports
Project Insight-Airport Construction Projects: Global
Project Insight-Airport Construction Projects: The Americas
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
www.kenresearch.com
The report provides detailed market analysis, information and insights based on over 100 CIC projects in Europe for 33 countries.
The report provides detailed metrics on the region's airport construction projects (as tracked by CIC) split by country, type and value.
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
www.kenresearch.com
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