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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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Tech Talk: Departure Control Systems

11 May 2022 | By

The aviation industry is full of systems each with its own acronym, along with its own vitally important role and responsibility within the passenger journey. Here we take a look at Departure Control Systems and the role that plays in the smooth operation of airlines and airports across the globe.

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COVID-19 impacts on Queensland Airports

4 May 2022 | By

Queensland Airports Limited Chief Financial Officer, Amelia Evans, spoke to International Airport Review about the impact that the COVID-19 pandemic had on Queensland Airports and the measures and initiatives taken to overcome and adapt from the crisis.

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Ras Al Khaimah: Gearing up for expansion

11 April 2022 | By

Despite the high volatility driven by imposed protocols related to COVID-19, 2021 was a record-breaking year for Ras Al Khaimah International Airport in terms of passenger traffic. For International Airport Review, Ivana Meyer, Head of Quality & Customer Experience at Ras Al Khaimah, details the airport’s long-term strategy, as it…