Airport Updates: Latest News On The Global Market (W/C March 16, 2026)

gatwick

London Gatwick Airport.

Credit: Karl Black/Alamy

The latest news on airports globally, with updates on financing, infrastructure expansion and sustainability initiatives.


London Gatwick Airport (LGW) reported a small decrease in net profit for 2025 as passenger numbers dipped slightly. LGW’s 2025 net profit was £334.7 million ($442.4 million), down 2.4% year over year. The airport handled 42.8 million passengers for the year, down 1.1% from 2024. LGW noted long-haul passengers grew 3.3% year over year in 2025, but short-haul passengers declined 1.9% from 2024. The airport said the short-haul decline was attributable to “temporary issues related to aircraft availability.” LGW’s 2025 revenue totaled £1.13 billion, up 0.2% year over year. The airport said it will be able to handle a maximum of 57 scheduled aircraft movements per hour on its single runway in 2026, up from 55 in 2025, citing air traffic control and airfield innovations.


Los Angeles International Airport (LAX) fully opened a new $1 billion rental car facility that consolidates all 12 rental car brands operating at the airport in one location. “The new 6.4-million-ft.² center is an integrated facility streamlining the process of fueling, washing and providing light vehicle maintenance to expedite the availability of vehicles,” LAX said. Construction on the rental car center started in September 2019. Three of the 12 brands operating at the airport started services from a partly opened facility in 2024. The full opening “follows months of close coordination and planning between [LAX] and rental car companies, leading to the relocation of the final nine brands to the rental car center,” the airport said.


Saskatoon Airport (YXE) in Canada said it will begin a C$12 million ($8.7 million) renovation of its arrivals hall “in the coming months.” YXE handled 1.5 million passengers in 2025, up 3% year over year and its second busiest year ever. WestJet is the leading carrier at the central Canadian airport.


The government of Uzbekistan opened a tender process for the construction and management of a new international airport in Bukhara under a private-public partnership. The new airport will serve both domestic and international flights from a passenger terminal spanning 48,500 m² (522,000 ft.²), the government said, adding the terminal should be able to handle 1,200 international passengers and 400 domestic passengers per hour. The current Bukhara International Airport handled 574,036 passengers in 2025. It is served by seven airlines led by Uzbekistan Airways. “The airfield infrastructure will remain under state management,” the Uzbekistan government said. “The private partner will be responsible for the construction and operation of the passenger terminal and associated infrastructure.”


Baltic Ground Services (BGS) renewed its contract with Ryanair to continue providing aircraft fueling services for the airline at six Eastern European airports: Tallinn, Estonia (TLL); Riga, Latvia (RIX); Vilnius (VNO), Kaunas (KUN) and Palanga (PLQ) in Lithuania; and Ostrava, Czech Republic (OSR).

Aaron Karp

Aaron Karp is a Senior Editor at Air Transport World.