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ICAO state that investment in infrastructure is key to growth in Africa
ICAO have said that development in Africa is rooted in aviation infrastructure expansion and the connectivity that this growth can bring to the region.
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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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HKIA records steady increases in passenger throughput in February
Despite increases in passenger traffic, Hong Kong International Airport's cargo throughput has fallen 14.4 per cent year-on-year from 2017, due to unfavourable macroeconomic conditions.
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KLM to suspend all on-board tax-free sales
Changes to customer buying behaviour have meant that on-board duty free is no longer a viable option for KLM, as such, they are pulling the service from July 2019.
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Stobart Group named as new operator of Tees Valley Airport
Under its previous owner, Tees Valley Airport was losing nearly £2.5 million per year, but with new owner, the Stobart Group which has previously restored Southend Airport, and a £513 million investment fund it is hoped that Tees Valley will follow suit.
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UK signs post-Brexit air safety agreements with the U.S.
As details of the terms of the UK's exit from the EU still remain a mystery, the UK's CAA has put into place contingency plans ensuring trade between the UK and the U.S. remains as uninterrupted as possible following the UK's exit from the EU.
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Fraport reports continued positive trend in passenger traffic
Despite aircraft movements climbing 4.7 per cent, air cargo traffic fell by nearly 3.4 per cent for the same period last year for Frankfurt Airport according to Fraport.
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Five ways automation will change your concession management
Retail within terminals is the most robustly performing non-aeronautical revenue sector, contributing 28 per cent of all non-aeronautical income.
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Air France KLM Cargo is first group to adopt dangerous goods checks
Air France KLM Cargo (AFKL Cargo) has become the first airline group to adopt IATA's newly developed Dangerous Goods AutoCheck (DG AutoCheck) for the acceptance of dangerous goods shipments.
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London City Airport has re-branded with new contemporary look
London City Airport has undergone a re-brand to enhance its position at the heart of London, and to reaffirm its place within the community.
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Hong Kong International Airport receives recognition for cargo capabilities
HKIA has been recognised by IATA for its capability in the transportation and handling of perishable cargo, through its efficient, dedicated facilities and services provided in a stringent temperature-controlled process at globally assured standards.
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Trade, global standards and modernisation remain key to air cargo success
IATA have emphasised that the three priorities, accelerating the speed of process modernisation, implementing and enforcing global standards, and keeping borders open to trade will ensure the longevity of the air cargo industry.
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Where are the top 10 fastest emerging markets in aviation?
We're frequently reminded that the aviation industry is experiencing exponential growth, but have you ever wondered where the 10 top emerging markets in the world are?
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New technology will see exact position of drones with real-time location
Partnership between Cranfield University, Thales and Vodafone will see an investment in technology which is able to see the exact position of drones, ensuring drone use is safe beyond the line of sight.
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UK flights will continue no matter the deal with which Britain leaves the EU
The UK Government has confirmed that in the event of a no-deal exit from the EU, flights will not ground to a halt.
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New ePassport gates launched at border control in Cardiff Airport
The latest ePassport gates, funded by the Welsh Government, will permit travellers with biometric passports to bypass manual inspections, allowing quicker entry into Wales.
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