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Global passenger demand takes another hit in January 2021
Global passenger demand in January 2021 fell compared to both pre-COVID-19 levels in January 2019 and also December 2020.
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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 air cargo markets reach pre-pandemic levels in January 2021
Following notable increases in air cargo demand towards the end of 2020 after poor performance throughout the year, the industry was able to reach pre-COVID-19 levels in January 2021.
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One year on: ACI Asia-Pacific’s reflection on the COVID-19 pandemic
Almost a year since his participation in International Airport Review’s Coronavirus Roundtable, Stefano Baronci, Director General of ACI Asia-Pacific, looks back on 2020 and what the coronavirus pandemic has meant for aviation, and considers how this will affect the aviation sector’s recovery in the immediate future.
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Aviation’s Post-Crisis Recovery Series: Brisbane Airport
In the latest instalment of our exclusive series, Gert-Jan de Graaff, CEO of Brisbane Airport Corporation (BAC), explains how quick thinking has been central in adapting to the challenges of the pandemic, and that there is a glimmer of hope for recovery on the horizon.
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Gatwick Airport’s CEO remains optimistic for recovery
Following an unprecedented year of impacted revenue streams and collapses in passenger demand, Stewart Wingate, CEO of Gatwick Airport, has said that he is optimistic for the airport's recovery.
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Industry responds to Scottish government’s updated travel restrictions
AOA and AGS Airports have expressed their disappointment in the Scottish government's lack of a recovery plan or framework for Scotland's aviation industry.
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2021: Looking ahead on an important year for aviation
Sergi Alegre, Director General of Airport Regions Council, speaks to International Airport Review about his outlooks on the coming year for the aviation industry.
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European airports lose 1.72 billion passengers over the course of 2020
With the COVID-19 pandemic continuing to drastically impact the aviation industry, final Full Year 2020 results from ACI Europe highlight the extent of the current damage to European airports.
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Gatwick Airport confirms implementation of forecourt charges from March 2021
From 8 March 2021, vehicles using the forecourt of Gatwick's North Terminal to drop off or collect passengers will be required to pay a minimum charge of £5.
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ACI-NA welcomes $8 billion COVID-19 relief proposal for U.S. airports
The U.S. House of Representatives has outlined a proposal for a new round of COVID-19 relief for U.S. airports, with ACI-NA thanking them for the "much-needed funds".
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Airport Recovery Plan published by the Airport Operators Association
AOA has called for urgent additional, aviation-specific financial support from the UK and devolved governments in order to support the recovery of the industry.
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Aviation experiences sharpest decline in passenger traffic in its history during 2020
International passenger demand fell by 75.6 per cent in 2020 compared to 2019 levels, representing the sharpest traffic decline in aviation history.
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New travel restrictions plunge Canadian airports into ‘most severe crisis since March 2020’
The new restrictions, on top of existing rules and requirements, are creating an even bleaker future outlook for Canadian airports.
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ACI Asia-Pacific expects pre-pandemic passenger volumes to return by 2024
Volumes in the Asia-Pacific market are expected to return by approximately 2023, but the Middle East will take longer, and is expected to return to pre-COVID-19 levels by 2024.
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UK government’s Airport and Ground Operations Support Scheme opens for applications
The scheme will allow commercial airports and ground handlers to apply for up to £8 million each from the UK government to support with fixed costs.
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