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The daa has recorded profits as passenger numbers continue to increase
Profits at daa Group increased by six per cent to a record €133 million in 2018 as the company benefited from higher passenger numbers and increased commercial income.
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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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ICAO calls for investments in connectivity between Belt and Road countries
Dr. Fang Liu highlighted that "a very direct relationship exists between states’ investments in aviation development and their eventual realisation of increased economic growth.”
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New Chicago O’Hare travel plaza to open in 2019
Chicago Department of Aviation has announced a new O’Hare travel plaza which is set to open in November 2019.
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Construction begins on Frankfurt Airport’s Terminal 3
As part of the new terminal, Pier G is scheduled for completion in 2021, with capacity for up to five million passengers a year. The main building with Piers H and J will begin operating by 2023, increasing T3’s total capacity to 21 million passengers.
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East Midlands Airport will soon see more aircraft parking spaces
East Midlands Airport sees apron expansion to accommodate change in shopping habits which has increased the amount of next-day-delivery cargo.
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Increased flight coverage at Helsinki as three new airlines start operations
Finavia is expanding the selection of flight routes available at its airports through the introduction of three new airlines during the summer of 2019.
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International Airport Review Issue 2 2019
In this issue: How can technology increase passenger throughput without added pressure or stresses, how the baggage handling sector is increasingly turning to technology to ensure this important part of the passenger journey evolves, and how Gatwick increases planes in the sky.
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Hong Kong International Airport records steady traffic growth in March
Passenger volumes, flight movements and cargo all saw a continued steady increase in March, as mainland China and Japan record significant increases in traffic from the airport.
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Queensland Airports Limited recognised as a ‘great place to work’
Queensland Airports Limited is the first airport operator in Australia to achieve this recognition as 'a great place to work'.
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Dominica has become ICAO’s 193rd Member State
Dominica has become the 193rd Member State of ICAO following its official adherence to the Convention on International Civil Aviation (the Chicago Convention).
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London Heathrow witnesses its 29th consecutive month of record growth
Despite Brexit uncertainty, the number of passengers passing through Heathrow continues to grow in comparison to previous years.
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ICAO thanks Japan for aviation development commitments
ICAO Secretary General discusses economic development, safety, and efficiency concerns during recent Tokyo trip.
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Gatwick prepares for the summer rush with 10 new routes
Ahead of the nearly 17 million passenger seats booked from Gatwick this summer, the airport has added 10 new routes to its portfolio.
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Dublin Airport launches app which tracks assets around the airport
Dublin Airport has created an airport geographic information systems app to track its assets to provide real-time information.
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Air Italy launches non-stop route between LAX and Milan
LAX has become one of only four airports in the U.S. to provide a non-stop service to Milan, a fashion and industrial epicentre in Italy.
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