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COVID-19 relief package launched by Airport Authority Hong Kong
In order to support the aviation industry and the airport community, Airport Authority Hong Kong has introduced a HK$1 billion COVID-19 relief package.
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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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Urgent action is needed to protect aviation from COVID-19 impacts, says ICAO, IMO and UNWTO
ICAO, IMO and UNWTO have called for urgent actions to be made in order to support the aviation and tourism sectors during the COVID-19 crisis.
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CANSO makes call to action to ensure the stability of the ATM industry
In the wake of the COVID-19 pandemic, CANSO has called for immediate action to maintain the stability of the entire aviation system, particularly ANSPs.
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TIACA calls for recognition of air cargo industry during COVID-19 crisis
TIACA has called for the air cargo industry’s voice to be heard fully by regulators and governments across the globe in the wake of the COVID-19 pandemic.
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EBAA calls on EC to consider business aviation COVID-19 relief measures
The European Business Aviation Association has called on the European Commission to consider all COVID-19 relief measures to ensure business continuity.
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A fair global policy response to COVID-19 is imperative, says ACI World
In response to the drastic impact of COVID-19 on the aviation industry, ACI World has suggested five global policy measures to alleviate the shortfall.
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ACI emphasises need for industry collaboration to combat COVID-19
As the coronavirus outbreak continues to drastically affect the global aviation industry, ACI World has called for industry collaboration to combat the impact of COVID-19.
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President of ACI Europe publishes open letter asking for COVID-19 relief
The letter, titled COVID-19: Aviation Relief Programme, calls on EU transport ministers and the European Commission to adopt supportive measures.
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UK airports may be forced to shut down within weeks due to COVID-19
The CEO of AOA has warned that UK airports may be forced to shut down within weeks due to COVID-19 if the UK government doesn't provide immediate support.
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AAA highlights unprecedented hit experienced following COVID-19
Following the COVID-19 outbreak, Australian Airports Association's CEO has highlighted the impact suffered, and what needs to be done.
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ACI Europe and IATA welcome EC suspension of airport slot rules
Following the European Commission's decision to temporarily waive airport slot rules until 30 June 2020, ACI Europe and IATA have hailed the announcement.
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ACI World publishes global economic COVID-19 impact estimates
ACI World estimates a loss of revenues of at least $4.3 billion following the COVID-19 outbreak, with the Asia-Pacific region and Europe suffering most.
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COVID-19: Latest news and analysis
We’ve pulled together the latest news, guidelines, regulations and opinions from the industry’s experts, to ensure you have all the necessary information to stay safe during these unprecedented times, and to safeguard your airport for the future.
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EC proposes measures to limit COVID-19 impact on aviation industry
By temporarily suspending airport slot regulations, the European Commission hopes to alleviate the pressure on airports and airlines amidst the COVID-19 crisis.
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COVID-19 is a crisis of unprecedented proportions, says ACI Europe
The Director General of ACI Europe has highlighted the increasingly drastic impact that the COVID-19 outbreak is having on airports throughout the region.
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