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Global freight data for September 2020 shows strengthening but still low levels
Data published by IATA for September 2020 has shown that global freight volumes fell by eight per cent when compared to 2019.
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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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ACI World traveller survey finds half willing to travel within next three months
ACI World's ASQ Global Traveller Survey found that the recovery of passenger volumes is dependent on a multitude of factors.
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Adopting virtual twin technology to optimise airport operations
30 October 2020 | By Dassault Systèmes
Most airports are facing challenges around planning optimally for variations in passenger demand and allocating the required resources at the right time and location. The current pandemic has only emphasised this need for agility. Today, decisions must be made faster with greater confidence to meet growing challenges. Airports need to…
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Re-inventing airport non-aeronautical revenue generation in the post-COVID-19 era
On 5 November 2020, AOE's webinar will explore how airports can adopt digitalisation to re-invent Non-Aeronautical Revenue (NAR) generation post-COVID-19.
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ACI World and IATA reinforce urgent call for COVID-19 testing for air travel
The two aviation bodies have outlined that implementing an internationally agreed approach to testing will support the recovery of air travel.
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The function of an airport will need to change for the future
To many, airports are seen as a gateway – just part of the process of getting from A to B. However, the amenities they host have the potential to generate income, not just from passengers, but also from those living in the local area. In the wake of COVID-19, do…
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Dramatic passenger declines shown by ACI World airport traffic report
For the first half of 2020, worldwide airport passenger numbers decreased by 58.4 per cent when compared to the same period in 2019, with international passenger traffic hit the hardest, recording a 64.5 per cent drop.
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LCY Airport CEO stresses importance of business air travel recovery
Robert Sinclair has emphasised the importance of business air travel to the economic recovery prospects of the UK after the COVID-19 pandemic.
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ACI World calls for end to discriminatory taxation for aviation
With an imbalance between the current tax burden and the foregone global GDP impacts, ACI World has outlined potential remedies to support aviation.
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Airport Improvement Fees to increase at Halifax Stanfield Airport in 2021
As the result of drastic falls in revenue due to the COVID-19 pandemic, Halifax Stanfield Airport has been forced to increase its Airport Improvement Fees by $7 per originating passenger.
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UK government launches taskforce to support travel industry’s recovery
The UK government's Global Travel Taskforce will work to develop an operationalised approach for testing international arrivals.
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Calls made for UK government to reverse decision to end airport tax free sales
ACI World, DFWC and TFWA have highlighted the importance of airport tax free sales in ensuring the airport industry's economic recovery from COVID-19.
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Aviation bodies intensify calls for testing to replace quarantine in Europe
After urging the European Commission to implement COVID-19 testing in September, three aviation bodies have intensified the calls for replacing quarantine requirements prior to the holiday season in order to support the recovery of the industry.
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Gatwick Airport to begin charging for use of forecourt in 2021
In order to support its recovery from COVID-19 and reduce 'Kiss and Fly' journeys, Gatwick Airport will introduce a £5 charge in 2021 for vehicles using the forecourt to drop off and pick up passengers.
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IATA downgrades 2020 traffic forecast following poor summer season
As the result of a poorer than expected summer season for passenger traffic, IATA has downgraded its traffic forecast for 2020 by an additional three per cent.
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