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Kempegowda Airport inaugurates India’s first Express Cargo Terminal
The new cargo facility, which is exclusively for the export and import of international couriers, will significantly boost the trade and economy of the region.
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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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New data shows the severe impact of COVID-19 on UK airport passenger numbers
By the end of 2020, passenger numbers at UK airports fell to levels not seen since 1985, with only 73.8 million passengers reported, most of which travelled in the first three months of the year.
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Chicago Rockford and Cologne Bonn Airports sign air cargo development agreement
The agreement will see the two airports further optimise their burgeoning air cargo businesses and mutually develop the air cargo traffic between their regions.
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New approaches to increasing revenue, optimising costs and improving the passenger experience
Alexander Nikonov, Director of Aviation Commerce at Aerodynamics, considers what 2020, and COVID-19, has taught us about the aviation industry and, crucially, how we can learn from it in a post-pandemic world.
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$1.2 billion aviation and tourism support package announced by Australian government
The package includes a range of new measures for the Australian aviation and tourism sectors, including half-price airfares and an aviation workforce support programme.
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Canadian airports call for urgent plan to reverse domestic and international travel restrictions
The Canadian Airports Council has called on the Government of Canada to increase its support for the country's aviation sector in order to avoid the impact of the COVID-19 pandemic being permanent.
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Global passenger demand takes another hit in January 2021
Global passenger demand in January 2021 fell compared to both pre-COVID-19 levels in January 2019 and also December 2020.
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Global air cargo markets reach pre-pandemic levels in January 2021
Following notable increases in air cargo demand towards the end of 2020 after poor performance throughout the year, the industry was able to reach pre-COVID-19 levels in January 2021.
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One year on: ACI Asia-Pacific’s reflection on the COVID-19 pandemic
Almost a year since his participation in International Airport Review’s Coronavirus Roundtable, Stefano Baronci, Director General of ACI Asia-Pacific, looks back on 2020 and what the coronavirus pandemic has meant for aviation, and considers how this will affect the aviation sector’s recovery in the immediate future.
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Aviation’s Post-Crisis Recovery Series: Brisbane Airport
In the latest instalment of our exclusive series, Gert-Jan de Graaff, CEO of Brisbane Airport Corporation (BAC), explains how quick thinking has been central in adapting to the challenges of the pandemic, and that there is a glimmer of hope for recovery on the horizon.
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Gatwick Airport’s CEO remains optimistic for recovery
Following an unprecedented year of impacted revenue streams and collapses in passenger demand, Stewart Wingate, CEO of Gatwick Airport, has said that he is optimistic for the airport's recovery.
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Industry responds to Scottish government’s updated travel restrictions
AOA and AGS Airports have expressed their disappointment in the Scottish government's lack of a recovery plan or framework for Scotland's aviation industry.
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2021: Looking ahead on an important year for aviation
Sergi Alegre, Director General of Airport Regions Council, speaks to International Airport Review about his outlooks on the coming year for the aviation industry.
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European airports lose 1.72 billion passengers over the course of 2020
With the COVID-19 pandemic continuing to drastically impact the aviation industry, final Full Year 2020 results from ACI Europe highlight the extent of the current damage to European airports.
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Gatwick Airport confirms implementation of forecourt charges from March 2021
From 8 March 2021, vehicles using the forecourt of Gatwick's North Terminal to drop off or collect passengers will be required to pay a minimum charge of £5.
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