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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

Coronavirus impacted passenger demand and revenues, finds IATA

21 February 2020 | By International Airport Review

Following an initial assessment of the impact of COVID-19, there will be a global revenue loss within the aviation industry of $27.8 billion by the end of 2020.

video

Video: Future Travel Experience Global 2019

22 January 2020 | By NEC Corporation

NEC attended FTE Global 2019 in Las Vegas to showcase how it can help airports and airlines create a seamless end-user experience.

article

Securing One ID: ACI and IATA’s next big bet for seamless movement of passengers at airports

22 January 2020 | By Wipro

Thomas Edison said: “There is a way to do it better – find it”. This quest to do things better drives innovation across industries and sometimes unfolds paradigms that completely change our worldview. iTunes changed the music industry, Airbnb changed hospitality and AmazonGo is changing retail. Something similar is brewing…

whitepaper

Whitepaper: Seamless travel

21 January 2020 | By NEC Corporation

Explore the award-winning biometric and AI technology of NEC, unlocking uninterrupted kerb-to-gate travel with just a simple smile.

article

Is traditional RFP standing in the way of airport innovation?

6 December 2019 | By Veovo

Imagine buying the high-tech car of your dreams but not taking delivery for a few years. In that time, your family grows, life changes and technology advances – fast. By the time you’re sitting behind the wheel in 2022, you no longer need to. With the rise of driverless cars,…

news

Multi-airport system concept to be implemented in Indonesia

5 December 2019 | By Rachael Harper (International Airport Review)

A multi-airport system is to be implemented in Indonesia between four airports which will support each other and the wider economy.

article

Keeping up-to-date with the latest airport IT trends at Pula Airport

13 November 2019 | By Rachael Harper (International Airport Review)

We spoke to Sasa Leveric, Head of IT Department at Pula Airport, to see what projects the airport is currently implementing as well as what he thinks the biggest trends are in airport IT are right now.

news

ACI World publishes updated policy brief on airport networks

7 November 2019 | By Rachael Harper (International Airport Review)

An updated policy brief on airport networks has been published ACI World, acknowledging they can play a key role in ensuring the economic sustainability of regional airports.

news

Retail concessions must improve to ensure airport competitiveness

1 November 2019 | By International Airport Review

Airports Council International suggests that commercial offerings must improve in order to increase non-aeronautical revenue.

news

Construction begins for new Nashville International Airport retail programme

29 October 2019 | By International Airport Review

Fraport USA marks the beginning of construction on a new retail programme at Nashville airport, with the first shops and restaurants set to open in 2020.

webinar

How can pervasive broadband wireless communications optimise your airport operations?

26 October 2019 | By Nokia

Understand the deployment options and private wireless solutions utilised to enhance airport operations.

news

Welsh government to provide £21.2 million loan to Cardiff Airport

22 October 2019 | By International Airport Review

The £21 million loan will help support Cardiff Airport’s plans for the future in regard to achieving a higher passenger rate.

article

Smaller airports must invest in GSE if they wish to compete

18 October 2019 | By Jay Lucas - Arkle Finance

Aging GSE risks being not just a liability but a serious barrier to future growth, and so smaller airports determined not to be left behind must consider alternative investment opportunities. Jay Lucas, Aviation Specialist at Arkle Finance, provided more information.

news

GAP begins operation of Jamaica’s Norman Manly Airport

18 October 2019 | By Rachael Harper (International Airport Review)

GAP has begun its operation of Norman Manley Airport and has said it will invest $60 million to extend and modernise the Jamaican airport.

news

Innovation key to sustainable growth of African airports

16 October 2019 | By Rachael Harper (International Airport Review)

The Director General of ACI World has said that innovation is key to the growth of African airports but regulatory support is needed.

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Latest News

Revenues