Berlin Brandenburg Airport attributes the growth due to passenger desire to travel in the summer holidays, as well as the easing of travel restrictions.
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In 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.
It will come as little surprise to many that the airline statistics confirm 2020 as the worst year on record for the industry.
Fran Kauzlaric, Innovation Lead at Brussels Airport Company, shares how the airport’s use of innovative technologies to ‘predict the future’ has brought some much needed certainty to the uncertain times of the pandemic.
Economic conditions globally and favourable supply chain dynamics are strongly weighted in favour of air cargo, which is proving a lifeline for many airlines as they struggle with passenger travel restrictions.
While it comes as little surprise that passenger demand remains below figures seen pre-COVID-19, with airlines carrying just 20 per cent of 2019 levels recovery seems uncertain.
New study finds that 81 per cent of capital markets investors expect to see more regional carriers receiving government bailouts. Fifty seven per cent predict the sector will be targeted by private equity as a recovery play.
London City Airport has announced that 12 local charitable organisations in East London have been successful in securing grants from the airport’s Community Fund.
The growth of cargo volume was mainly attributed to double-digit growth in both trans-shipments and imports compared to the same month last year.
Findings of the Queen Alia Airport study emphasised the significance of the airport in facilitating economic growth, generating employment and boosting government revenue.
Post-Brexit, the value of trade being transported through Heathrow Airport could grow to over £204 billion, benefitting British businesses in every corner of the UK.
For International Airport Review, Luis Felipe de Oliveira, Director General of Airports Council International (ACI) World, discusses how there is no one-size-fits-all solution approach to recovery and that it will require heightened levels of collaboration and partnership among industry stakeholders in order to ensure success.
The Milano Malpensa Boutique offers passengers the opportunity to browse the airport boutiques' catalogues and reserve the available products before arrival.
After air cargo demand reached the highest level since records began in March 2021, the strong growth trend has continued into May 2021, with an increase of 9.4 per cent.
Undoubtedly, the effects of the coronavirus crisis have been felt keenly in airport cities across the globe. Arja Lukin, Project Director of Airport City Aviapolis, details the development of Finland’s Aviapolis and its future plans, and considers if the airport city concept is still relevant as the industry battles the…
The launch of the digital marketplace is part of JFKIAT's efforts to enable a contactless customer experience and to prepare T4 for the next normal of air travel.