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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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Passenger Processing: The benefits of fast travel

24 May 2016 | By IATA

In 2007 IATA launched the ‘Fast Travel’ initiative to help airports around the world provide fast and hassle-free journeys to their passengers. In this article, IATA reviews the strengths of the initiative and considers how, in today’s digital world, airports can harness mobile technology to create seamless travel...

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British Airways to launch its longest long-haul flight

18 May 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

British Airways (BA) has announced it will launch its longest long-haul flight in January 2017, providing a direct service between London and Santiago in Chile.

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Gatwick Airport: Celebrating record-breaking success

4 April 2016 | By Charles Kirwan-Taylor, Corporate Affairs and Sustainability Director, Gatwick Airport

Following 36 months of continuous growth in passenger numbers and unprecedented investment representing the biggest transformation in Gatwick Airport’s history, the airport’s Corporate Affairs and Sustainability Director, Charles Kirwan-Taylor, reveals the growth of London Gatwick and how the airport is laying the groundwork for a second runway...

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Vienna Airport: Building on success

4 April 2016 | By

Vienna Airport, located in the heart of Austria’s capital, has experienced record growth in recent years. Passenger figures in 2015 surpassed 22.7 million, driven by new long-haul routes, new flight connections and frequency increases. The airport also achieved a 4-Star ranking and the award for Best Airport Staff in Europe…

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Qatar Airways begins new route to Sydney Airport

4 March 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Sydney Airport has welcomed new airline Qatar Airways on 02 March 2016, marking the start of a new daily flight from Doha to Sydney.