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Record 1.25 million passengers travel at BER in July
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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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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IATA world air statistics show devastating impact of COVID-19
It will come as little surprise to many that the airline statistics confirm 2020 as the worst year on record for the industry.
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The secret weapon helping airports weather the crisis: Predicting the future
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.
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Global air cargo half-year growth strongest since 2017
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.
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IATA’s June air travel figures doubtful of recovery
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.
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More airline bailouts and insolvencies predicted due to COVID-19
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.
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London City Airport Community Fund announces £35k grants to local charities
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.
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HKIA records double-digit growth in cargo traffic in June
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.
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Study findings highlight economic and social impact of Queen Alia International Airport
Findings of the Queen Alia Airport study emphasised the significance of the airport in facilitating economic growth, generating employment and boosting government revenue.
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Heathrow and UK aviation industry to support economic pivot post-Brexit
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.
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Confronting the risk of an uneven global recovery
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.
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SEA Milan Airports launches online shopping portal at Malpensa Airport
The Milano Malpensa Boutique offers passengers the opportunity to browse the airport boutiques' catalogues and reserve the available products before arrival.
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Air cargo demand continues strong growth trend in May 2021, outlines IATA data
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.
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Does the idea of the ‘airport city’ still fly?
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…
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JFKIAT launches digital Duty Free marketplace for JFK Airport Terminal 4
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.