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Peru Airport Operator Upgrades in Regional Hub Bid
Feb4 Bloomberg --- Lima airport partners , a group by Frankfurt AG, is investing $1.2 billion in runways, terminals, and security as it seeks to turn Peru's capital into a regional hub serving 7 million passengers a year by 2008. The group , which includes SanFrancisco based Betchel group Inc, and Singapore Changi Airport Enterprise Pte, Ltd, last week opened seven jetways and a 5,000 square meter concourse, to complete the $140 million first phase. The group is now talking with United Airlines Inc, and USAirways Inc, to make Lima their hub for the region. " US Airlines are competing with low cost carriers on domestic flights and need to expand abroad," Daly said in an interview at his office overlooking the runway last month.
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