Bloomberg The US government has opened an investigation into snow removal at New York’s John F. Kennedy International Airport following a storm earlier this month that snarled scores of flights. The Federal Aviation Administration is probing the Port Authority of New York and New Jersey’s actions during the storm on January 4-5, the agency said. The investigation will determine “if …

Bloomberg Asian airport operators’ earnings, and their share prices, may be ready to take off. Rising wealth, improving connectivity and social media penetration will spur spending on international air travel, Morgan Stanley analysts including Daniel Lau wrote in a research report. Operating profit growth for airports under the firm’s coverage will pick up to a 9.5 percent compounded annual growth …

Bloomberg A tourist boom has caused traffic at Iceland’s Keflavik airport to grow more than five-fold over the past nine years, with a predicted 10 million passengers this year. Now Iceland’s main entry point to the world is preparing to accommodate twice as many. The airport expects to invest about $1 billion over the next 7 to 8 years to …