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Groupe ADP wins several contracts for consulting and planning in the U.S.
Merchant Aviation has won a series of new contracts across the U.S. including the $340 million investment in the JFK development.
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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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Aviation holds the key to unlock Kenya’s economy, says IATA
Aviation accounts for 4.6 per cent of Kenya's GDP, but to ensure the consistent development, the nation must improve infrastructure, connectivity, safety and technology.
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Protecting the future longevity of Malta International Airport
How is Malta International Airport preparing for the future of aviation? The answer comes from investing in a larger terminal and new apron, as well as an increased focus on the guest experience.
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Improving aviation competitiveness in Poland will foster prosperity
Polish aviation industry could thrive by modernising the aviation policy and developing a national plan for sustainability, according to new study from IATA.
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German government debates doubling air travel tax charges
In a bid to cut carbon dioxide production, the German government has proposed doubling the tax levy on top of the cost of plane tickets.
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Emerging markets are growing faster than advanced economies, says ACI
ACI World Airport Traffic Report shows passenger growth resilience, despite global uncertainty, as emerging markets flourish in the face of adversity.
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Bristol Airport to open specialised waiting zones for Uber cars
In a bid to reduce traffic impacts on surrounding areas, Bristol Airport has made a specific zone for Ubers collecting passengers.
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Vancouver increases airport improvement fee in bid to meet future growth
As of the 1 January 2020, it will cost more to fly out of British Colombia from Vancouver Airport as the airport registers 74 months of consecutive growth and plans to future-proof the infrastructure at the airport.
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Dublin Airport sets new August record with 3.4 million passengers
Dublin Airport has seen continued growth from 2018, with 3.4 million passengers passing through the terminal, compared to 3.3 million in July 2018.
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Airport infrastructure development must keep pace with air service growth
ACI World has highlighted the need for aviation infrastructure to mirror its demand from air services and passengers alike.
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Heathrow witnesses a record-breaking day with 262,000 passengers
Heathrow Airport's busiest day ever is a strong example of the need to expand if the airport is to continue hosting the exponential growth of passengers.
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Global trade wars are impacting air freight demand, according to IATA
Global trade has witnessed its ninth consecutive month of year-on-year decline in freight volumes, which IATA has put down to raging trade wars.
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European aviation receives boost from air traffic management industry
Europe’s ATM leaders have highlighted how measures to improve the efficiency and effectiveness of air transport in the region have helped to optimise airspace capacity, minimise disruptions and improve environmental performance during summer 2019.
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Understanding the data marketplace to develop new revenue streams
Developing new non-aeronautical revenue streams by investing in the digital future is key to hedging risks and profiting from increasing potentials.
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VINCI Airports prepares to submit bid for stake in Hobart Airport
VINCI Airports has taken the first step to initiate the acquisition of an Australian-based airport: Hobart International Airport.
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