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Sun-seekers drive growth at London Luton Airport
1.6 million passengers flew through London Luton Airport (LLA) in July as travellers enjoyed city breaks and beach holidays alike during the Summer getaway season.
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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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Toronto Pearson: Growing in the right way
In an interview with International Airport Review, Howard Eng, President and CEO of the Greater Toronto Airports Authority (GTAA), explains that Toronto Pearson is exploring innovative solutions to growth challenges as it closes in on becoming Canada’s first mega hub airport.
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Pulkovo Airport welcomes first airBaltic CS300
On August 2, 2017, Saint Petersburg’s Pulkovo Airport welcomed the first commercial flight of airBaltic Bombardier CS300 aircraft from Riga, Latvia.
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New alignment of the Lufthansa Group leads to significant profit improvement
The Lufthansa Group increased its total revenues by 12.7 percent to EUR 17.0 billion in the first six months of 2017 (prior-year period: EUR 15.0 billion).
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Dixons Travel becomes the latest addition to the LJLA retail offer
Leading airport electrical retailer Dixons Travel has opened a new store in the Departure Lounge at Liverpool John Lennon Airport giving passengers the chance to purchase the latest technology at online beating prices.
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Opportunities to maximise non-aeronautical income
Non-aeronautical income of airports has traditionally come from the lease or operation of duty-free and specialty retail outlets, restaurants and other airport services such as currency exchange or luggage wrapping. Dr. Patrick Bohl, Chair of the ACI Europe Commercial Forum and Head of Retail and Advertising at Budapest Airport, explains…
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Gatwick takes investment to £2.7 billion with new five-year plan
Gatwick Airport has today announced it will invest £1.15 billion over the next five years – with £240 million planned for 2017/18 alone – as it plans for more growth and improved efficiency, while also maintaining its record levels of passenger satisfaction.
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Air France-KLM expands its alliances between the North Atlantic, Europe and Asia
Air France-KLM today announced a major step in the strengthening of its strategic partnerships with, firstly, the creation of a single global joint-venture between Air France-KLM, Delta Air Lines (Delta) and Virgin Atlantic and, secondly, the strengthening of its partnership with China Eastern Airlines (China Eastern).
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CA Global Partners UK to auction complete contents of Heathrow Airport Terminal 1
A sale of epic proportions is taking flight as CA Global Partners UK, in conjunction with Indassol, is preparing to liquidate the entire contents of Heathrow Airport’s historic Terminal 1.
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A visual insight into Manchester’s new £1bn super terminal
Manchester Airport's ongoing transformation project finally has a face. Watch a brand new visual insight into what it might look like.
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Air France presents new airline Joon
Joon will start operating medium-haul flights from Paris-Charles de Gaulle this autumn, followed by long-haul flights in summer 2018.
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Primera Air to launch London Stansted-USA flights in 2018
Danish airline, Primera Air is to open a new base at London Stansted and start direct flights to New York and Boston Logan next year.
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AOA response to Government’s night flight consultation outcome
Commenting on the Government’s publication of the new night flights policy for Heathrow, London Gatwick and London Stansted Airports, Chief Executive of the Airport Operators Association (AOA) Karen Dee said:
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OAG boosted by appointment of Gehan Talwatte as new Chairman
Aviation and travel expert joins OAG to support digital growth.
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