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Updated revenue analysis from IATA shows worsening impacts of COVID-19
IATA now estimates that industry passenger revenues could plummet by $252 billion; 44 per cent below 2019’s figure.
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UK airports may be forced to shut down within weeks due to COVID-19
The CEO of AOA has warned that UK airports may be forced to shut down within weeks due to COVID-19 if the UK government doesn't provide immediate support.
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ACI World publishes global economic COVID-19 impact estimates
ACI World estimates a loss of revenues of at least $4.3 billion following the COVID-19 outbreak, with the Asia-Pacific region and Europe suffering most.
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ACI Asia-Pacific warns of COVID-19 impact on region’s airports
Despite forecasts predicting $12.4 billion in revenue for Q1 in the Asia-Pacific region, the outbreak of COVID-19 is expected to cause a loss of $3 billion.
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IATA publishes updated analysis of coronavirus impact on aviation industry
Following original analysis published in February 2020, IATA has released updated figures suggesting an economic impact between $63 and $113 billion in revenue losses.
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How Budapest Airport shaped its commercial operations
Kam Jandu, Chief Commercial Officer at Budapest Airport, evaluates the commercial decisions that have occurred at the airport, regarding passenger experience and revenues.
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Coronavirus impacted passenger demand and revenues, finds IATA
Following an initial assessment of the impact of COVID-19, there will be a global revenue loss within the aviation industry of $27.8 billion by the end of 2020.
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Philadelphia Airport receives almost $1 million for train platform improvements
Philadelphia Airport has received two grants to rehabilitate platforms and canopies at its four stops on SEPTA’s Airport Line.
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Groupe ADP wins several contracts for consulting and planning in the U.S.
Merchant Aviation has won a series of new contracts across the U.S. including the $340 million investment in the JFK development.
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KLM to replace Brussels to Amsterdam flight with high-speed train service
Dutch airline KLM, is changing the way in which we travel intercontinentally, reducing the number of flights with replacement train travel.
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Dublin Airport sets new August record with 3.4 million passengers
Dublin Airport has seen continued growth from 2018, with 3.4 million passengers passing through the terminal, compared to 3.3 million in July 2018.
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Heathrow witnesses a record-breaking day with 262,000 passengers
Heathrow Airport's busiest day ever is a strong example of the need to expand if the airport is to continue hosting the exponential growth of passengers.
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Understanding the data marketplace to develop new revenue streams
Developing new non-aeronautical revenue streams by investing in the digital future is key to hedging risks and profiting from increasing potentials.
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Budapest Airport hosts workshop to boost e-commerce flow from China
In an attempt to open an e-commerce gateway with China, Budapest Airport held a workshop to highlight the opportunity BUD presents to the market.
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Auckland Airport announces end of financial year 2019 results
Auckland Airport achieved several milestones in the 2019 financial year, including beginning work on two of its eight key anchor infrastructure projects.
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