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Aena reduces losses down to €96.4 million and increases cash flow
Aena’s net outcome for Q1 2022 was a total of -€96.4 million, which is a 60 per cent increase and improvement compared to the same time period of 2021.
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Revenues
In March 2019, it was reported that global airport revenues grew 6.2 per cent to US$172.2 billion, comprised of 55.8 per cent aeronautical revenue, 39.9 per cent non-aeronautical and 4.3 per cent non-operating. The aeronautical means include the terminal, landing and passenger fees paid by airlines.
Money can also be made through many other aspects within an airport’s operation, for example, car parking fees, retail concessions, real estate and advertising.
Regarding non-aeronautical revenues, a large part of course lies with the duty-free shops and restaurants available in a terminal. It is recognised within the industry that a happy passenger is more likely to be a spending passenger, and so it can be argued that an airport’s revenue strongly relies on securing a high-quality passenger experience.
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Building Back Better: International Airport Online Summit Event review
The International Airport Online Summit which took place on 15-17 March, was a huge success. In case you missed out, we have highlighted three of key panel sessions that we think you should catch up on.
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Ras Al Khaimah: Gearing up for expansion
Despite the high volatility driven by imposed protocols related to COVID-19, 2021 was a record-breaking year for Ras Al Khaimah International Airport in terms of passenger traffic. For International Airport Review, Ivana Meyer, Head of Quality & Customer Experience at Ras Al Khaimah, details the airport’s long-term strategy, as it…
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Envisioning the future of air transportation: A smarter future for airports
Find out from our Editor why you cannot afford to miss out on this summit.
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A revenue diversification opportunity: Airports as service centres
Ricardo Gesse, CEO Zurich Airport Brasil, gives his opinion on the airport sector presents a significant array of revenue diversification opportunities. There is a new consideration of high potential: airports as service centres.
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Airports’ COVID-19 pandemic revenue losses top £10 billion
The Airport Operators Association’s latest 'Reconnecting the UK: recovering aviation connectivity' report has outlined how UK airports have lost £10 billion in revenue since the first lockdown in March 2020.
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GTAA reveals 2021 financial and passenger figures
The Greater Toronto Airports Authority has revealed its financial and operating results for 2021, demonstrating an overall increase in passenger activity in comparison to 2019 results.
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Feature Interview: Changing perceptions at İGA İstanbul Airport
At the World Routes conference in Milan, International Airport Review Editor, Holly Miles, caught up with Majid Khan, Vice President Aviation Development at İGA İstanbul Airport. Together they discussed the airport’s recovery, how they are looking to grow their traffic and change how the world perceives them.
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Beyond Omicron: Creating a new future for Canada’s airports
Monette Pasher, Interim President of the Canadian Airports Council, explains the importance of Canada’s airports’ growth, as the world and aviation industry looks to a post-COVID-19 future.
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New Year’s Resolutions from an Airport CEO
Atanasios Titonis, Chief Executive Officer at Ras Al Khaimah International Airport, reflects on the past year and looks ahead to the future, examining the changes in the industry, and revealing his aims for the airport as it focuses on recovery.
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In conversation with Mehmet Mercan, Operations Director
In the run up to the summit we take a few minutes with one of our panellists.
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ACI launches new guidance to strengthen airport commercial revenue
Airports Council International has released new guidance to help ensure airports strengthen their non-aeronautical revenue, contributing to both the passenger experience and post-pandemic recovery.
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Airports prepare to fly with a joined up digital vision
After COVID-19 continued to cause trouble for the travel industry in 2021, airports are preparing a joined up digital vision before passengers return.
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In conversation with Tijen Cirig from Honeywell
International Airport Review Editor, Holly Miles, sat down with Tijen Cirig, Senior Director for Airports at Honeywell for this exclusive video interview.
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OIAA approves budget revision to lower airline fees
The Ontario International Airport Authority has approved a budget revision to lower landing fees and airline costs to ensure Ontario International Airport is even more attractive to air carriers.
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