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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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Cornwall Airport Newquay opens Aerohub Business Park

12 February 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Cornwall Airport Newquay has opened the Aerohub Business Park, designed to encourage regional economic growth and build upon growing passenger numbers.

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Helsinki Airport gets ready for 20 million passengers

9 February 2016 | By Finavia Corporation

Following an agreement announced by the European Investment Bank (IEB) to provide a €230 million loan for the expansion of Helsinki Airport, airport operator Finavia Corporation discusses its development plans in preparation for 20 million passengers by 2020...

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Chopin Airport breaks January passenger record

5 February 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Warsaw Chopin Airport witnesses a record number of passengers in January 2016, handling almost 738,000 people during the month.

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Changi Airport records 55 million passengers in 2015

2 February 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Singapore’s Changi Airport set a new benchmark for passenger traffic and aircraft movements, handling a record 55.4 million passengers and 346,330 landings and take-offs during the year.

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Winter operations: Innovating the de-icing tradition

30 January 2016 | By

Historically, aerospace de/anti-icing technology has grown from the original concept of applying a freeze-point suppressant chemical to the wings of aircrafts. In a market whereby such a norm has influenced the entire de-icing industry, including the development of test methods, how can new life be injected into the way we…

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Tulip shaped air traffic control tower to become landmark of Istanbul New Airport

12 January 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Operating consortium IGA has selected AECOM and Pininfarina’s design for an air traffic control tower in the shape of a giant tulip for Istanbul New Airport. A spectacular tower in the shape of a giant tulip will become an iconic symbol of the new airport in Istanbul. As part of…

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An end-of-year report on UK Government policy on aviation and tourism

27 November 2015 | By Darren Caplan, Chief Executive of the Airport Operators Association (AOA)

As Britain enters the Christmas holiday period, Darren Caplan, Chief Executive of the Airport Operators Association (AOA) and Editorial Board Member of International Airport Review, gives a verdict on the Government’s approach to two of the UK’s most successful and interlinked sectors – aviation and tourism – underlining that there…