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Global air cargo demand reaches highest level since 1990 in March 2021
Global air cargo demand experienced an increase of 4.4 per cent in March 2021 compared to March 2019, the highest level since records began in 1990.
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Revenues
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.
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Global passenger traffic experiences slight growth in March 2021
Although global passenger traffic is still drastically below pre-crisis levels, March 2021 experienced a slight uptick compared to February 2021.
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Lithuanian Airports launches MRO land lease auction for Kaunas Airport
As part of its efforts to further develop infrastructure for aircraft maintenance, repair and overhaul at Kaunas Airport, Lithuanian Airports has launched the land lease auction.
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Aviation’s Post-Crisis Recovery Series: Sunshine Coast Airport
Sunshine Coast Airport’s CEO, Andrew Brodie, reflects on the changes brought about by the unprecedented pandemic, and speaks of the strengths and positives that have evolved from that adversity which are guiding the airport’s future in the latest instalment of International Airport Review’s exclusive series.
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ACI’s 2020 world airport traffic rankings show dramatic impact of COVID-19
Preliminary world airport traffic rankings published by ACI World show a vastly different top 10 busiest airports ranking in 2020 compared to 2019.
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Manchester Airports Group calls for path to restriction-free travel
After passenger numbers being down by 90 per cent across its three airports from March 2020 to March 2021, MAG has called for an urgent path to restarting international travel.
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ACI Europe data reveals a deepening crisis within the sector
In Q1 2021, passenger traffic slumped by -81.7 per cent across Europe's airport network, resulting in a downgraded traffic forecast for 2021 by ACI Europe.
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To serve Canadians post-pandemic, Canada’s airports need a recovery plan
Daniel-Robert Gooch, President of the Canadian Airports Council (CAC), addresses the current state of the Canadian aviation industry and asserts the crucial need for both financial and regulatory support from the government to drive the recovery of the sector.
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Edmonton Airport: North America’s gateway to Asia
Myron Keehn, Vice-President of Air Service and Business Development at Edmonton International Airport, writes of the airport’s proximity to Asia, and its plans to position itself as a key entry point into North America through cargo expansion.
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2021: A signal for the aviation industry to enter stand-by
Liviu Constantin, Development Director at Craiova International Airport, looks beyond COVID-19 and shares his perspective on restarting the industry and re-igniting the human desire for travel and escapism.
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Tampa Airport reflects on the impact of COVID-19 on airport business
Reflecting on the impact of the pandemic over the course of 2020, Tampa Airport is optimistic for the future and aviation's recovery.
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Gatwick Airport introduces South Terminal forecourt charge
Following the implementation of forecourt charges at its North Terminal in March 2021, Gatwick has announced that the South Terminal forecourt charges will begin in April 2021.
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Quarantine-free travel between New Zealand and Australia welcomed by AAA
The Australian Airports Association has welcomed the announcement from the New Zealand government that quarantine-free travel between New Zealand and Australia will commence from 19 April 2021.
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Aviation’s Post-Crisis Recovery Series: London Luton Airport
The coronavirus pandemic has afforded many airports the opportunity to expand their work within their local community. For International Airport Review’s exclusive series, the CEO of London Luton Airport (LTN), Alberto Martin, highlights LTN’s efforts in this field, and his hopes that this will continue, even as the airport looks…
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Passenger traffic experiences another decline in February 2021
Total global passenger demand in February 2021 saw a decline of 74.7 per cent compared to February 2019, an even steeper fall than January 2021.