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Updated economic impact analysis of COVID-19 on global aviation completed by ICAO
ICAO has outlined that international passenger traffic suffered a dramatic 60 per cent drop over 2020 as a result of the COVID-19 pandemic.
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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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Calls made for urgent airport support package following suspension of all travel corridors in UK
With all travel corridors with the UK now temporarily suspended in order to protect the nation from the importation of new strains of COVID-19, the Chief Executive Officer of the AOA has once again stressed the urgency of immediate financial support for the UK airport and aviation industry.
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Case Study: Fraport’s network infrastructure management
Learn how Fraport achieved better documentation and management of their complex and evolving telecommunications and IT infrastructure – at lower cost.
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AAA-commissioned research highlights impact of sudden border closures on air travel demand
Research that was commissioned by the Australian Airports Association found that 52 per cent of respondents were discouraged from booking travel too far in advance due to the risk of sudden border closures.
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NEXTT Vision: From concept to implementation – during and post-COVID-19
17 December 2020 | By NEXTT Vision (IATA & ACI)
As a joint initiative of ACI and IATA, NEXTT (New Experience Travel Technologies) creates a shared vision for the future of travel. While the first webinar confirmed the validity of and the need for the concepts of NEXTT in these difficult times for the air travel industry, this second webinar looked…
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Funding opportunities for Europe’s airport regions
Gabriele Dackaite, ANIMA Project Information Officer at Airport Regions Council (ARC), details the work of the organisation with airport regions, and highlights the funding opportunities that are available for green recovery in EU projects post-COVID-19.
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ACI Asia-Pacific calls for globally consistent and harmonised testing protocols
With passenger declines of well above 70 per cent and 60 per cent for the Middle East and Asia-Pacific, respectively, ACI Asia-Pacific is calling for more consistent recovery support measures.
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Passenger demand remained disappointingly low in October 2020
Total passenger demand was 70.6 per cent down when compared to October 2019, representing only a 1.6 per cent increase from September 2020.
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Updated COVID-19 economic impact analysis published by ACI World
As a result of the COVID-19 pandemic, updated ACI World analysis has found that airport revenues will experience a total reduction of $111.8 billion in 2020.
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Heathrow to consider implementation of Forecourt Access Charges in 2021
The airport is considering the introduction of Forecourt Access Charges in order to prevent a car-led airport recovery from the COVID-19 pandemic.
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Aviation organisations call for airport slot use relief for summer 2021
By temporarily adopting more flexible airport slot rules as quickly as possible, governments can help to preserve essential air transport connectivity.
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New IATA data highlights negative impact of COVID-19 on international connectivity
The pandemic has had a drastic impact on connectivity, with IATA’s Senior Vice President for Member External Relations stressing that "there are no winners, just some players that suffered fewer injuries."
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ACI World and Routes partner to provide guidance for airports post-COVID-19
The partnership will support the world’s airports in planning for summer 2021, ensuring that they continue to provide the economic and social benefits to the communities that they serve.
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Canadian airports renew calls for urgent government relief
The CAC has called on the Canadian government to implement a range of additional supportive relief measures as COVID-19 continues to drastically impact passenger numbers.
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How can airports use security investments to reduce operating costs?
Andreas Conrad, Head of Marketing at Qognify, discusses how Enterprise Incident Management (EIM) and next generation Video Management Systems (VMS+) can help to improve how airport incidents are managed as they unfold.
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