Global Airport Development (GAD) Americas 2025 Conference: Political Turmoil and Airport Finance Perspectives
The annual GAD Americas global airport finance, development, and strategy conference is set to take place in the Cayman Islands in April 2025. This event comes at a time of political unrest around the world, with rapid changes and uncertainty becoming the norm.
Despite the chaos in the political arena, the airport sector remains a haven of tranquillity. However, this stability may soon be disrupted in the US as the president shifts his focus towards the airport industry. There is a growing likelihood of increased private sector involvement, driven by the belief that private management is more efficient.
In Canada, the situation is complicated by a change in leadership, with a new prime minister and a potential change in government on the horizon. The government has recently opened up airport financing to pension funds, which are actively investing abroad.
The conference will cover a wide range of topics, including the future of air traffic control financing, integrating urban air mobility into airport operations, and adapting to the evolving propulsion systems of aircraft.
With nearly 1,000 airport development projects valued at $92 billion in North America, the industry is facing significant challenges and opportunities. The US is experiencing a decline in new airport projects, while Canada is revising its policies on airport investment to attract private funding.
Overall, the GAD Americas conference promises to be a platform for discussing the future of airport development in the face of political uncertainty and changing economic landscapes. Stay tuned for part two of this report for more insights and updates from the conference.
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