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Revenues

 

Airport RevenuesIn 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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Next generation baggage handling: tote screening system

20 August 2018 | By

As part of a $2.4 billion redevelopment of San Francisco International’s Terminal 1, the airport has embarked on an exciting project to become the first airport in the United States to install a terminal-wide independent carrier system for baggage handling. Suzanne Culin, Terminal 1 Program Manager, reveals the potential the…

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Route development: Ambition to connect the world

20 August 2018 | By

Being at the location where Scotland meets the world, Edinburgh Airport wants to extend its welcome as far as possible. Gordon Dewar, Chief Executive of Edinburgh Airport, reveals the long and exciting journey the airport has taken to secure a direct route to China.

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Leaders’ Series 2018: Traffic is coming

17 August 2018 | By

June 2018 saw over a million flights in Europe – 4.1 per cent more than in June 2017. This growth is set to continue, with 12.4 million flights predicted in 2024. Are we, the aviation community in Europe, ready for this increase in traffic? Eamonn Brennan, Director General at EUROCONTROL,…

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China’s Aerotropolis: The Zhengzhou Airport Economy Zone

13 August 2018 | By

With airports playing increasingly important roles as business magnets and metropolitan economic accelerators, John D. Kasarda, PhD, President of the Aerotropolis Institute China, describes this aerotropolis development process and how it is being applied in China to attract investment, boost trade, and increase passenger and cargo volumes.