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ACI World publishes updated policy brief on airport networks
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.
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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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Retail concessions must improve to ensure airport competitiveness
Airports Council International suggests that commercial offerings must improve in order to increase non-aeronautical revenue.
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Construction begins for new Nashville International Airport retail programme
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.
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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.
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Welsh government to provide £21.2 million loan to Cardiff Airport
The £21 million loan will help support Cardiff Airport’s plans for the future in regard to achieving a higher passenger rate.
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Smaller airports must invest in GSE if they wish to compete
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.
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GAP begins operation of Jamaica’s Norman Manly Airport
GAP has begun its operation of Norman Manley Airport and has said it will invest $60 million to extend and modernise the Jamaican airport.
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Innovation key to sustainable growth of African airports
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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Progress in key economic development priorities to be driven by ICAO
The importance of economic development within air transport has been stressed by the UN agency.
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Debating the tax that is meant to pay for the environmental costs of air travel
For this column, International Airport Review asked a panel of industry experts: Where do you stand on Air Passenger Duty?
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Whitepaper – Airports: How to get insights from passengers
The Airports Council International’s list of the world’s 20 busiest airports shows that traffic at these hubs increased 4.7 per cent in 2016 to over 1.4 billion passengers.
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International Airport Review Issue 5 2019
How virtual reality is being used within airport operations, 10 focus areas to ensure workforce wellbeing is cared for and a London airport’s new sustainability strategy are all covered in this issue.
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Royal Schiphol and QIC acquire majority stake in Hobart Airport
The QIC and Royal Schiphol consortium was attracted to Hobart as one of Australia’s fastest-growing airports, with Tasmania registering more than 10 per cent annual growth in international visitors in the last five years.
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AITS 2019: Driving communication in the airport industry
The Airport IT and Security Conference is being attended by more airports than ever before, a situation which needs to be fully utilised to improve airport operations and customer experience.
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A day in the life of seamless travel – the next chapter of modern aviation
24 September 2019 | By Vision-Box
Join us on the 6 November as industry experts explore the current developments of seamless travel around the world through real-life implementation, lessons learned and subsequent best practice.
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