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Digital boardroom executive report: Airport recovery series
Read this exclusive free report from our latest closed-door digital boardroom for C-level airport executives.
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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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It is time for airports to look beyond COVID-19
International Airport Review’s Holly Miles caught up with Diego Arrosa, CEO of Aeropuertos Uruguay, a subsidiary of Corporación América Airports, at the ACI World Annual General Assembly in Cancun to find out about the airport operator’s plans for the future, and why Arrosa believes now is the time for the…
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In conversation with Nicolas Notebaert of VINCI Concessions and VINCI Airports
Watch this exclusive interview with Nicolas Notebaert of VINCI Concessions and VINCI Airports at the World Aviation Festival in London.
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Ford International launches grant scheme to encourage tech-sector growth
Gerald R. Ford International Airport Authority has introduced the Ford Launchpad for Innovative Technologies and Entrepreneurship, to provide grants to companies developing new air travel technology solutions.
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In conversation with Tara Mulrooney, VP Technology and Innovation at Edmonton International Airport
Watch this exclusive video interview filmed in Cancun at ACI World's Annual General Assembly 2021.
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Avinor unveils tender for retail and F&B operations across airport network
To provide attractive business opportunities for suppliers across the airport network, Avinor has launched a tender for retail and F&B operations, with all the contracts combined valuing at €830 million.
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In conversation with Thomas Romig from ACI World
Watch this exclusive interview which took place at the ACI WAGA 2021 in Cancun, Mexico.
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In conversation with Rafael Echevarne, Director General of ACI-LAC
Watch this exclusive interview with Rafael Echevarne, Director General of ACI-LAC, which took place at the ACI World WAGA 2021 in Cancun, Mexico.
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OIAA authorises major development agreement for surplus property
Southern California’s Ontario International Airport Authority Commission has agreed to a ground lease and surplus property development contract, to support ongoing airport improvements.
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Bristol Airport’s community fund grants over £160,000 to local projects
During 2021, Bristol Airport’s Local Community Fund awarded over £160,000 to support local community projects including schools, sports clubs, and environmental trusts.
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Glasgow Prestwick meets encouraging post-COVID-19 operating profit
In Glasgow Prestwick Airport’s post-COVID-19 recovery, the airport has delivered an encouraging performance over the last year, resulting in an improved operating profit of £0.5 million.
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FAA awards airports funding from Bipartisan Infrastructure Law
The Federal Aviation Administration has announced that they will award $2.89 billion, made available by the Bipartisan Infrastructure Law, to 3,075 airports across the U.S.
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In conversation with Luigi Battuello, Director Non-Aviation Business Development, SEA Milan Airports
International Airport Review Editor, Holly Miles, caught up with Luigi Battuello, Director Non-Aviation Business Development, SEA Milan Airports at the recent World Routes 2021 conference in Milan. Together they discussed SEA Milan's strategy around non-aviation revenues and encouraging passengers to spend more time in the retail outlets where they have…
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In conversation with Satyaki Raghunath, Chief Strategy & Development Officer of BLR Airport
Watch this exclusive video interview with Satyaki Raghunath, from Bangalore International Airport.
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Opening Riyadh to the world
At the recent World Routes conference in Milan, International Airport Review Editor, Holly Miles, caught up with Jacopo Tonucci, Aeronautical Business Development Director of Riyadh Airports Company. They discussed the effect of the pandemic on King Khalid International Airport and his views for the future of air connectivity in his…
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