Airport investment prospects in the CIVETS countries, Part II

The latest trendy acronym beyond "BRIC" and "N11" is CIVETS; a gaggle of widely dispersed countries – Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa – that are all dynamic and diverse emerging economies with inflation under control and sophisticated financial systems with an absence of "soverign debt bombs". In addition they have youthful populations. They also share common problems that could influence airport investors adversely, such as unemployment and corruption. In the second of a two-part series we look at the "ETS" part of the equation – Egypt, Turkey and South Africa. [1643 words]

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This report contains the following subheadings:

• Egypt
• Arab spring; economy fall
• Egyptian airline capacity grows but LCCs fail to make impact
• easyJet denied access to Cairo Airport
• Slow but steady progress in airport privatisation

This report contains the following charts and tables:

• The CIVETS countries
• Table1: Key data
• Chart 1: Egypt - total capacity by annual seats: 2007 to 2009
• Chart 2: LCC capacity share 2007 to 2009
• Data on Cairo International Airport, from CAPA profiles
• Chart 3: Cairo International Airport capacity (seats per week, to/from) by carrier (30-May-2011 to 05-Jun-2011)
• Chart 4: Cairo International Airport international vs. domestic capacity share (30-May-2011 to 05-Jun-2011)
• Chart 5: Cairo International Airport international capacity by region (30-May-2011 to 05-Jun-2011)
• Chart 5: Cairo International Airport capacity share by carrier type (30-May-2011 to 05-Jun-2011)
• Chart 6: Cairo International Airport capacity share by alliance (30-May-2011 to 05-Jun-2011)