Hong Kong International Airport reports steady passenger growth
Despite passenger growth of 2.5 per cent, cargo at Hong Kong International Airport recorded a 6.7 per cent decrease for the first half of 2019.
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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.
Despite passenger growth of 2.5 per cent, cargo at Hong Kong International Airport recorded a 6.7 per cent decrease for the first half of 2019.
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According to ACI, air freight has continued to decline whilst passenger traffic has remained resilient with modest growth recorded.