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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.

webinar

RFID and modern baggage messaging: Where we are and what’s next

31 July 2019 | By International Air Transport Association (IATA)

To conclude IATA’s 2019 webinar series dedicated to baggage tracking, RFID and modern baggage messaging, this last session focused on where the industry is at and what can be expected as we move towards 2020. Participants were given an overview of the important milestones achieved in 2019, which notably included…