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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.

news

Malaysia Airports launches e-commerce platform, shopMYairports

9 September 2020 | By International Airport Review

By introducing the new online service, Malaysia Airports is working to support its retail partners as they face challenges arising from COVID-19.

news

ACI analysis outlines predicted extent of COVID-19 impact on airport industry

7 September 2020 | By International Airport Review

Analysis undertaken by ACI has found that the impact of COVID-19 could reach an unprecedented $104.5 billion reduction in revenue for 2020.

news

ACI data outlines slower than expected COVID-19 recovery in June 2020

4 September 2020 | By International Airport Review

Despite early predictions outlining June 2020 as the turning point for aviation in recovering from COVID-19, passenger demand remains drastically low.

news

Gatwick Airport to undertake significant business restructure

28 August 2020 | By International Airport Review

As a result of the severe impact of COVID-19 on the airport, Gatwick Airport will undertake a major business restructure, putting roughly 600 jobs at risk.

article

International Airport Review Issue 4 2020

11 August 2020 | By International Airport Review

This issue covers how COVID-19 is set to change the aviation ecosystem for the foreseeable, alongside surface access, new appointments and the One ID project.

news

ACI World data outlines 91.3 per cent decline in passenger traffic in May 2020

31 July 2020 | By International Airport Review

Though May 2020 saw a slight increase in passenger traffic demand, the aviation industry continues to suffer as a result of COVID-19.

article

Philadelphia Airport’s runway to COVID-19 recovery

31 July 2020 | By Stephanie Wear - Philadelphia International Airport

Stephanie Wear, Director of Air Service Development and Cargo Services at Philadelphia Airport, discusses the airport’s response to the drastic decline in air services through its COVID-19 Air Service Recovery Incentive Program.

news

Over $273 million in grants awarded to 184 U.S. airports

29 July 2020 | By International Airport Review

U.S. Transportation Secretary, Elaine L. Chao, announces over $273 million in grants to 184 airports in 41 states and six territories.

news

With international travel still locked down, aviation recovery is delayed

28 July 2020 | By International Airport Review

IATA predicts global passenger traffic will not recover to pre-COVID-19 levels until 2024, due to continuing international travel restrictions.

news

ACI EUROPE calls for non-discriminatory relief for airports

23 July 2020 | By International Airport Review

ACI EUROPE’s President, Jost Lammers, said: “One-sided financial aid to airlines creates massive imbalances.”

news

UK airports are set to lose £4 billion in 2020

22 July 2020 | By International Airport Review

COVID-19 has brought international aviation to a near-standstill, in the worst drop-off in traffic levels the industry has ever witnessed.

news

ACI Europe revises traffic recovery projection to 2024

17 July 2020 | By International Airport Review

With only marginal traffic increases reported in June, a full recovery in passenger traffic to 2019 levels is now expected for 2024.

news

GOAA presents COVID-19 and construction updates at Orlando

16 July 2020 | By International Airport Review

The Greater Orlando Aviation Authority (GOAA) Board has reviewed several issues affecting operations at Orlando International Airport.

news

UK airports require urgent business rates relief following traffic collapse

13 July 2020 | By International Airport Review

The AOA requests a year-long relief from business rates for all airports in England and Wales, to come into effect as soon as practical.

article

Director of Airports at Salt Lake City says we need each other to be successful

3 July 2020 | By International Airport Review

Bill Wyatt, Director of Airports, believes that in the future, airport hubs will become even more important than they have been before.

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Revenues