Sydney Airport News

Smoke Causes Air Canada 777 Return To Sydney

An Air Canada plane bound for Vancouver was forced to dump fuel and return to Sydney on Thursday after crew reported smoke coming from an oven in the galley, the airline said.
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MAp Agrees Asset Swap With Canadian Fund

Australia's MAp Group has agreed to swap airport stakes with Ontario Teachers' Pension Plan to beef up its holding in Sydney Airport in a deal worth AUD$1.6 billion (USD$1.7 billion), and flagged a possible cash return to shareholders.
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Bidder Field Narrows For Hochtief Airports

The field of contenders for Hochtief's airports business is narrowing as the German construction group expects to receive binding bids by the end of the month, four people close to the transaction said.
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MAp Airports In Asset Swap Talks With OTPP

Australian airport operator MAp Airports is in talks to sell stakes in Brussels and Copenhagen airports to the Ontario Teachers' Pension Plan (OTPP) in exchange for a share of Sydney Airport and AUD$850 million (USD$900.5 million) in cash.
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Ash Cloud Grounds More Australian Flights

An ash cloud from a volcano in Chile has wreaked havoc on Australian flights and prompted the country's leading airline Qantas to cancel flights to and from the nation's biggest airports on Tuesday and Wednesday.
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