Economic environment - Articles and news items
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...
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.
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.
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.
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.
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.