SATAIR TAKEAWAY

The airport construction market remains robust for now, but pressure is growing on future airports to adopt more sustainable practices, or else their owners might miss out on investment in the future.

So far, however, there is nothing concrete to suggest there might be another crisis incoming, but the clock is ticking towards 2050, the year by which aviation has assured the world it will run at zero emissions. It remains to be seen how many investors remain onboard should it be clearly failing in this mission.

Cover image credit: Free Malaysia Today

Top ten most expensive projects of 2023

10. Otay Mesa Metropolitan Airpark
Location: San Diego, USA
Cost: $1 billion
The project involves the construction of aviation facilities and supporting non-aviation facilities on 134 hectares of land.
Scheduled to open in 2040.
9. Henri Coanda International Airport new terminal
Location: Otopeni, Romania
Cost: $1.04 billion
The project involves the construction of a 100,000m2 new passenger terminal and is planned to have the capacity to handle 20 million passengers per year at Romania’s busiest airport from the current 8 million. Scheduled to be completed by the end of 2029.
8. Vaclav Havel Airport Terminal 2 expansion
Location: Prague, Czech Republic
Cost: $1.19 billion
The expansion of Terminal 2 to handle 21.2 million passengers per year by the end of 2033.
7. Burbank Bob Hope Airport new terminal
Location: Burbank, California USA
Cost: $1.2 billion
Construction of a 14-gate replacement terminal at BBHA in California, US. The project aims to increase low-cost-airport traffic counts and become a major centre for processing cargo. Scheduled to be completed by the end of 2027.
6. Kaohsiung International Airport new terminals (Phase 1)
Location: Taiwan
Cost: $1.26 billion
Phase 1 involves the construction of a new terminal building, boarding halls, a multi-story car park, and the relocation of a taxiway. Is expected to be completed by the end of 2032.
5. King Abdulaziz International Airport terminal expansion
Location: Jeddah, Saudi Arabia
Cost: $1.3 billion
Two terminals are being expanded to handle the increasing capacity required for pilgrims making the Hajj and Umrah pilgrimages to Meccah and will add an additional capacity of 15 million passengers per year to the airport. Expected to be completed by 2026.
4. Sacramento International Airport expansion
Location: Sacramento California USA
Cost: $1.3 billion
The expansion involves the construction of new ticketing counters, a lobby area, a baggage claim area, office space, a walkway, and 5,500 new parking spaces.
Expected to be completed by the end of 2027.
3. Brisbane Airport expansion
Location: Brisbane, Australia
Cost: $3.3 billion
The project aims to increase the airport’s capacity to 50 million passengers per year
and is part of the Australian government’s plan to prepare for the Brisbane 2032 Olympic games. Expected to be completed by the end of 2032.
2. Viracopos International Airport modernisation
Location: Campinas, Brazil
Cost: $4.62 billion
The project will be developed in 5 Phases. Phase 1 of the project involves the construction of a passenger terminal with a 145,000m2 floor area to handle up to 25 million passengers annually, 28 boarding bridges, taxation areas, seven new aircraft parking spaces, three aircraft yards, a garage building, and parking spaces for trucks, cars, taxis, and vehicles. Phases 3-5 will gradually increase the capacity of the terminal until it can handle over 80 million passengers per year. Expected to be completed by the end of 2031.
1. Dallas Fort Worth International Airport Terminal F
Location: Dallas, Texas USA
Cost: $4.8 billion
The project involves the construction of a 121,920m2 new Terminal F building. Expected to be completed by the end of 2026.

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Investors remain onboard despite growing spotlight on aviation's footprint