Vantage Group (or Vantage, formerly known as Vantage Airport Group, and/or Vancouver Airport Services or YVRAS) is an airport management, development and investment company with 13 airports in

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

, the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

Cyprus Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of isl ...

The Bahamas The Bahamas, officially the Commonwealth of The Bahamas, is an Archipelagic state, archipelagic and island country within the Lucayan Archipelago of the Atlantic Ocean. It contains 97 per cent of the archipelago's land area and 88 per cent of ...

and

Jamaica Jamaica is an island country in the Caribbean Sea and the West Indies. At , it is the third-largest island—after Cuba and Hispaniola—of the Greater Antilles and the Caribbean. Jamaica lies about south of Cuba, west of Hispaniola (the is ...

History

Vantage Group (Vantage), formerly known as Vantage Airport Group, was formed in 1994 as Vancouver Airport Services (YVRAS), a subsidiary of Vancouver Airport Authority. Vancouver Airport Authority and Vantage Group have a strategic partnership agreement that allows for the sharing of best practices and expertise. YVRAS was part of a consortium that was going to

privatize Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...

Midway Airport Chicago Midway International Airport is a major commercial airport on the southwest side of Chicago, Illinois, located approximately 12 miles (19 km) from the city's Chicago Loop, Loop business district, and divided between the city's C ...

Chicago Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

. In April 2009 the deal fell through. Vantage led the LaGuardia Gateway Partners consortium bid to operate and redevelop LaGuardia Airport's Terminal B. On May 28, 2015, the Port Authority of New York and New Jersey voted to move forward on the Central Terminal Building Redevelopment Project, announcing LaGuardia Gateway Partners as preferred proposer. On June 1, 2016, LaGuardia Gateway Partners assumed the lease of Terminal B, commencing a $5.1B terminal redevelopment plan, the largest aviation infrastructure P3 in the U.S. In March 2018, Vantage and

RXR Realty RXR Realty is a vertically integrated real estate and infrastructure owner, investor, operator, and developer headquartered in New York City. The firm’s portfolio of commercial, residential, multifamily, infrastructure, and logistics projects i ...

were selected by JetBlue Airways as the preferred development partner for the airline's terminals at John F. Kennedy International Airport (JFK). Vantage is wholly owned by Corsair Capital Infrastructure Partners. On February 4, 2019, Corsair announced the closing of a fundraising initiative for Vantage. JetBlue Technology Ventures announced on April 25, 2019 that Vantage had joined its International Partnership Program to scout new startups and technologies to improve the travel experience.

Airports

Vantage provides management services to various airports owned by Vantage or via a consortium: *United States **

LaGuardia Airport LaGuardia Airport ( ) – colloquially known as LaGuardia or simply LGA – is a civil airport in East Elmhurst, Queens, East Elmhurst, Queens, New York City, situated on the North Shore (Long Island), northwestern shore of Long Island, bord ...

, Queens, New York ***responsible for operations and redevelopment of Terminal B * Midway Partnership, Midway Airport, Chicago **a consortium (composed of Vantage, SSP America, Hudson Group) responsible for operations and redevelopment of Midway's concessions program *Canada ** North Peace Regional Airport, Fort St. John, British Columbia *** owned via North Peace Airport Services Limited **

John C. Munro Hamilton International Airport John C. Munro Hamilton International Airport , or simply Hamilton Airport, is an international airport in Hamilton, Ontario, Canada. The airport is part of the neighbourhood of Mount Hope, southwest of Downtown Hamilton and southwest of Tor ...

, Hamilton, Ontario *** acquired through purchase of Tradeport International Corporation 2007 ** Kamloops Airport, Kamloops, British Columbia *** owned via Kamloops Airport Limited ** Greater Moncton Romeo LeBlanc International Airport, Moncton, New Brunswick *Caribbean **

Sangster International Airport Sangster International Airport is an international airport located east of Montego Bay, Jamaica. The airport is capable of handling nine million passengers per year. It serves as the most popular airport for tourists visiting the north coast ...

, Montego Bay, Jamaica *** Leading stakeholder of the operating consortium, MBJ Airports Ltd (25.5% stake),

Abertis Abertis Infraestructuras, S.A. () is a Spanish worldwide corporation engaged in toll road management. The company is headquartered in Madrid. The company runs over 8,600 kilometres of toll roads in the world. In October 2018, it was acquired by I ...

is also a partner. **

Lynden Pindling International Airport Lynden Pindling International Airport , formerly known as Nassau International Airport, is the largest airport in the Bahamas and the largest international gateway into the country. It is a hub for Bahamasair, Western Air, and Pineapple Air. ...

, Nassau, The Bahamas * Europe ** Larnaka International Airport, Cyprus **

Paphos International Airport Paphos International Airport (; ) is a joint civil-military public airport located south-east of the city of Paphos on the Mediterranean island of Cyprus. It is the country's second largest airport, after Larnaca International Airport. Papho ...

, Cyprus In 2006 the then Vancouver Airport Services was part of a French-led group, Hermes Airports, that won a tender to upgrade

Larnaca International Airport Larnaca International Airport – Glafcos Clerides is an international airport located southwest of Larnaca, Cyprus. Larnaca International Airport is Cyprus' main international airport and the larger of the two commercial airports in the area ...

and

References

Aerospace companies of Canada Airport operators of Canada Airport operators of the United States Transport in British Columbia 1994 establishments in British Columbia Transport in Jamaica Aerospace companies of the United Kingdom Transport in Cyprus Transport in New Brunswick Transport in Ontario Canadian companies established in 1994 {{aero-company-stub

History

Airports

See also

References