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New long-haul route from Heathrow to Zhengzhou takes off
Heathrow has launched its first direct flight to one of China’s eight Ancient Capital cities, Zhengzhou, the airport's 13th direct connection to China.
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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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International aviation market continues to weaken according to ACI
According to ACI, air freight has continued to decline whilst passenger traffic has remained resilient with modest growth recorded.
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Aviation must “transform or die”, states industry leaders
Strong aspirations and inspiring opinions from global aviation leaders were shared and discussed to officially open the 29th ACI Europe Annual Congress.
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Exclusive insight into Hong Kong’s SKYCITY project
Fred Lam, CEO of Airport Authority Hong Kong, spoke to us about the SKYCITY development and how it will further reinforce HKIA’s role as international aviation hub.
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Top five airport trends to boost airport aeronautical revenues
As capacity continues to rise, airports are focusing upon how they can manage their revenues in the most efficient way, to improve cash flow.
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Construction on Melbourne Airport’s new airfield begins
The $300 million investment is the largest airfield investment project since the airport opened in 1970 and is set to increase capacity, facilitate new routes and improve terminal facilities.
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Everyone’s talking about how to enhance non-aeronautical revenue
Non-aeronautical revenues are essential to airports' financial health, so we asked industry experts how they ensure they reap the benefits of airport incomes.
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London City Airport releases fly-through animation of expansion
A new ‘fly-through’ animation showcases what the passenger experience will look like in London City Airport when the £500 million transformation is complete.
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Infrastructure and sustainability: Two sides of the coin for the future of aviation
Alexandre de Juniac, Director General and CEO of IATA, discusses how improvement and investment in two integral areas of the aviation sector is essential if the industry is to remain successful in the future.
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ACI highlight the importance of reliable and effective data-sharing
ACI highlighted that reliable and effective transmission of data across all airport stakeholders is key to both efficiency and improving the passenger experience.
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Heathrow launches consultation on expansion plans
The proposed expansion at Heathrow will see the M25 diverted and redirected through a tunnel to make way for the development of the third runway at the airport.
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Gatwick records year of growth in both capacity and connections
Income per passenger has grown by 4.5 per cent in the last year as Gatwick serves 46.4 million passengers, including an extra 1.1 million long-haul passengers.
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International Airport Review Issue 3 2019
In this issue, find out about how artificial intelligence can manage even the worst of cyber-security breaches; how to ensure increasing drone traffic in Europe’s skies can be managed safely, and various approaches to enhancing non-aeronautical revenues.
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Scottish Government reveals plans to sell Prestwick Airport
After buying the airport for just £1 in 2013, the Scottish Government has decided to sell Prestwick Airport back to the private sector.
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Airservices Australia sets out plan to reduce aviation charges
Following a price freeze in 2015, beginning in July 2019 Airservices Australia will reduce aviation charges to lower operational costs for the industry.
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