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Governments must intervene to prevent aviation employment catastrophe
Estimates from the Air Transport Action Group suggest some 4.8 million aviation workers’ jobs are at risk as a result of air travel demand falling more than 75 per cent.
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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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ACI Asia-Pacific welcomes Hong Kong-Singapore air travel bubble as first sign of recovery
The introduction of the air travel bubble for quarantine-free travel between Hong Kong and Singapore has been outlined as a positive and important first step to travel recovery.
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San Francisco Airport postpones multiple construction projects due to COVID-19
After postponing its Terminal 3 West project, SFO has now announced that it will postpone a range of additional construction projects as a result of reduced passenger activity and revenues due to COVID-19.
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CAC responds to announcement regarding financial relief for Canadian air sector
The CAC has welcomed the announcement, but says that the financial support would have to be “quite substantive” for most airports to be in a financial position to consider a halt or rollback of recently announced fee increases.
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AOA writes letter to UK Prime Minister calling for urgent support for aviation
AOA has outlined a package of support measures to help airports through the challenging winter months and is calling on the UK government to deliver them.
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Passenger demand remains drastically low in September 2020
As a result of a second wave of COVID-19 spreading across the globe, passenger demand remains over 70 per cent lower than 2019 levels.
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Global freight data for September 2020 shows strengthening but still low levels
Data published by IATA for September 2020 has shown that global freight volumes fell by eight per cent when compared to 2019.
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ACI World traveller survey finds half willing to travel within next three months
ACI World's ASQ Global Traveller Survey found that the recovery of passenger volumes is dependent on a multitude of factors.
webinar
Adopting virtual twin technology to optimise airport operations
30 October 2020 | By Dassault Systèmes
Most airports are facing challenges around planning optimally for variations in passenger demand and allocating the required resources at the right time and location. The current pandemic has only emphasised this need for agility. Today, decisions must be made faster with greater confidence to meet growing challenges. Airports need to…
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Re-inventing airport non-aeronautical revenue generation in the post-COVID-19 era
On 5 November 2020, AOE's webinar will explore how airports can adopt digitalisation to re-invent Non-Aeronautical Revenue (NAR) generation post-COVID-19.
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ACI World and IATA reinforce urgent call for COVID-19 testing for air travel
The two aviation bodies have outlined that implementing an internationally agreed approach to testing will support the recovery of air travel.
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The function of an airport will need to change for the future
To many, airports are seen as a gateway – just part of the process of getting from A to B. However, the amenities they host have the potential to generate income, not just from passengers, but also from those living in the local area. In the wake of COVID-19, do…
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Dramatic passenger declines shown by ACI World airport traffic report
For the first half of 2020, worldwide airport passenger numbers decreased by 58.4 per cent when compared to the same period in 2019, with international passenger traffic hit the hardest, recording a 64.5 per cent drop.
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LCY Airport CEO stresses importance of business air travel recovery
Robert Sinclair has emphasised the importance of business air travel to the economic recovery prospects of the UK after the COVID-19 pandemic.
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ACI World calls for end to discriminatory taxation for aviation
With an imbalance between the current tax burden and the foregone global GDP impacts, ACI World has outlined potential remedies to support aviation.
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