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Economic environment - Articles and news items

Growth amid headwinds: Basel Aero

Airport Extra  •  20 July 2016  •  Leonid Sergeyev, CEO, Basel Aero

Despite a deepening economic downturn in Russia, airports Krasnodar, Sochi, Anapa and Gelendzhik have seen a significant growth in passenger numbers. Leonid Sergeyev, CEO of Basel Aero, explains why the company benefits from economic crisis...

Cornwall Airport Newquay opens Aerohub Business Park

Airport news  •  12 February 2016  •  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.

Whitepaper: European Airports Face The Recession’s Ripple Effects

Whitepapers  •  8 November 2012  •  Standard & Poor’s

Standard & Poor’s recently published commentary on European airports is available now to download. The report outlines the ripple effects that European airports will be facing within the current economic climate.

ACI reports passenger traffic down by 2.7%; cargo down by 8.2%

Airport news  •  19 March 2010  •  Airports Council International (ACI)

ACI reports preliminary results of a 2.7 percent decline in global passenger traffic for 2009, reflecting steep declines in the first quarter in most regions but a return to growth by year-end.

Adjusting to change…

Issue 1 2010, Past issues  •  22 February 2010  •  Thomas J. Kinton Jr., CEO and Executive Director, Massachusetts Port Authority

The so-called "Great Recession" of the past two years has been one of the most challenging periods in the history of North American aviation. At Boston Logan International Airport, for example, traffic has fallen off by nearly two million passengers (from an all-time high of 28.1 million) since the economic downturn began in December 2007.

Navigating storms

Issue 4 2005, Past issues  •  25 November 2005  •  John P. Heimlich, Vice President and Chief Economist, ATA

In this article, John Heimlich presents his viewpoint on the economic pressures currently affecting the aviation industry in North America.

Fixing the aviation value system

Issue 1 2005, Past issues  •  16 March 2005  •  Alexander ter Kuile Secretary General, CANSO (Civil Air Navigation Service Organisation)

Liberalisation of sections of the aviation industry has encouraged development, but with the effectiveness of the ATM sector continuing to be hampered by government control, CANSO argues that a clear separation between the service providers and the regulators would benefit all.


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