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Revenues

 

Airport RevenuesIn 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.

news

January 2023 sees demand for air cargo dip

14 March 2023 | By

Owing to a persisting war in Ukraine, high inflation and a shortage of workers, demand for global air cargo has declined.  The International Air Transport Association (IATA) released its data for January 2023 global air cargo markets and results show that, in a context of economic headwinds, cargo demand has…