Emerging Market Airports

The economic impacts of COVID-19 have been felt far and wide. The pandemic has indiscriminately affected both developing and emerging economies. The virus has shuttered some businesses but has also created some interesting opportunities for the long-term, value-oriented investor. 

Emerging market air travel has been hard hit by the global pandemic. But air travel is key to economic development.  Airports are recognized as critical infrastructure, supporting employment and fostering growth in tourism, trade, and business. 

Our attached investment thesis highlights how private airports carry lower risk than airlines, generate higher returns on capital and benefit from a more stable, oligopolistic industry structure. Read more here or click the image below to see our detailed outline of the industry and our thoughts on specific emerging market airports we believe show great promise as travel normalizes. 

 

 

 

 

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