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Report finds 60 per cent of Gatwick local exports are destined for non-EU markets
Brexit may pose less of a problem for businesses near Gatwick, with 60 per cent of its local exports already going to markets outside the EU.
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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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Manchester Airport to bring in forecourt drop-off charges in a bid to tackle congestion
Proceeds from the forecourt charge will go into a new public transport fund being set up by the airport.
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ACI EUROPE re-elects Dr Michael Kerkloh as President
The news of the CEO of Munich Airport's reappointment came as part of the joint ACI EUROPE-World Annual Assembly and Congress in Brussels.
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Aberdeen opens new security search and retail facilities
The security zone is more than double the size of the previous area and can facilitate a greater number of passengers at one time.
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Airbus mulls pulling out of UK amidst Brexit uncertainty
Aeronautical firm Airbus has said that a no-deal Brexit scenario would lead to it 'reconsidering' its investment in the UK, potentially costing 14,000 jobs and affecting many more.
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New headwinds: ACI EUROPE’s head addresses annual congress
International Airport Review will be bringing you more news from joint ACI EUROPE & WORLD Annual Congress & General Assemblies in Brussels as it happens.
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Adelaide Airport $165 million terminal expansion gets green light
14 June 2018 | By
Work will begin immediately, with the key focus of the expansion being on improving the arrivals and departures experience for international passengers.
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Architect firm appointed in Hong Kong International’s SkyCity project
The complex is expected to cost $2.5 billion and will feature retail, dining and entertainment facilities.
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UK Aviation Minister celebrates success of Highlands’ airport
A series of new routes opening up from Inverness Airport this summer have been hailed as an economic boost for the Highlands region.
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Swedavia finds tenant to operate new airport office block
The SkyCity Office One complex at Stockholm Arlanda Airport is 15,000 square metres in size, ten storeys high and located immediately adjacent to the Stockholm Arlanda Airport international Terminal 5 and domestic Terminal 4.
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Auckland Airport announce $100,000 grant to support New Zealand’s tourism
For the sixth year in a row, Auckland Airport is offering a grant for businesses who can deliver a boost to New Zealand's critical tourism industry.
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Study contradicts airlines’ claims that airport charges drive up fares
The study found that ticket prices on monopoly airline routes are consistently more expensive than those on routes served by two or more competing airlines.
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Global passenger demand shot up by nearly 10 per cent in March
The head of IATA has called the figures a sign of "healthy momentum" as the Northern Hemisphere heads into summer and its busiest period.
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Canadian airports have a $48 billion ‘economic footprint’
The study follows similar ones conducted in 2010 and 2013 and categorises the impact airports have from direct to catalytic.
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Gatwick Airport announces 1,200 vacancies from retail to ground handling
Many of the vacancies will be filled by workers from the surrounding counties, cementing Gatwick's position as an important local employer.
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