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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.

news

London Luton Airport celebrates its first kiss

7 November 2016 | By International Airport Review

The first flight operated by startup Fly KISS took off from London Luton Airport (LLA). Flights will now operate four times per week between LLA and Clermont-Ferrand in the beautiful Auvergne region of France...

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Heathrow expansion decision: A black mark against our industry?

27 October 2016 | By

Nick Coleman, former strategist for British Airways and Virgin Atlantic and course leader for Airline, Airport and Aviation Management at London Metropolitan University, provides his thoughts on the government’s decision to expand London Heathrow, saying it’s too late and potentially will create a black mark against our industry for the…

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The truth about airport charges: A response to A4E

18 October 2016 | By

In response to International Airport Review’s Foreword in Issue 5 2016, provided by Airlines for Europe, Olivier Jankovec, Director General at ACI Europe suggests that European passengers are not being ‘fleeced’ by the largest airports in the EU and EFTA and that facts demonstrate a very different story...

news

Decision Time: An open letter from Gatwick to MPs

13 October 2016 | By International Airport Review

Ahead of a long-awaited decision on airport expansion, Gatwick’s Chief Executive Stewart Wingate has written an open letter to MPs urging them to choose growth and back a second runway at Gatwick...