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Dallas Fort Worth Airport welcomes Trinity Metro’s TEXRail service
The commuter rail line which connects downtown Fort Worth to Dallas Fort Worth, which provides direct access to the airport, will be free to users until the end of January 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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VINCI Airports adds investment to increase airport capacity in Lisbon
VINCI Airports announces €1.15 billion of investments by 2028 for the extension of the Lisbon airport and for the opening of a new civil airport in Montijo, entirely financed by private funds.
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Drone sightings ground more flights, this time at Heathrow
There seems to be no relief from drone disruption as now Heathrow, the UK's busiest airport, has fallen victim to drones as flights are left grounded for nearly an hour.
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Passenger numbers at London City Airport up by 6.4 per cent in 2018
Passengers at London City airport reached a total of 4.87 million in 2018, a 6.4 per cent increase on the previous year.
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London Stansted appoints contractor for £150 million redevelopment
London Stansted has appointed Mace as the main contractor for the construction of its new £150 million arrivals terminal.
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Pharmaceutical corridor between Hong Kong and Brussels opens
The pharma corridor between Hong Kong and Brussels Airport assures handling quality for temperature-sensitive pharmaceuticals.
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New payment method for air tickets possible with open banking
IATA has launched a new payment system through which an instant direct payment can be made to airlines for flights, making the process safer and faster.
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Is passenger behaviour responsible for the decline in airport parking?
With increasingly good public transport options and ride-hailing services available, airport parking is becoming less popular with passengers travelling to the airport. Kelly Edwards from UK travel insurance provider, Staysure, examines the data from a recent UK research study and considers what effect this downturn has on airports themselves.
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VINCI Airports has acquired the majority shareholding in Gatwick Airport
The deal, which is thought to have cost in excess of £2 billion, sees VINCI Airports partner with Global Infrastructure Partners to own the majority shareholding.
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Israel’s second international airport set to open at the end of January
With operations due to begin in March 2019, the new airport is set to boost the Israeli economy with an increase in tourism expected.
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Gatwick comes to the end of its consultation period for master plan
There is only one week left for local residents and businesses to make their views known on Gatwick’s growth plans.
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Solid passenger traffic growth and moderate air cargo demand in 2018
Preliminary figures released by ICAO, show that a total of 4.3 billion passengers were carried by air transport in 2018, this indicates growth of 6.1 per cent over 2017.
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Seven things to look out for in airline retailing in 2019
As 2019 kicks off we provide a glimpse of what airline retailing might look like this year, with the seven key things to look out for.
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2018 – the year aviation and financial sectors flew into IT trouble
The airport industry is no stranger to the threat of cyber attacks, but 2018 saw some key aviation and financial services companies in the spotlight after IT glitches. Lev Lesokhin from software consultancy CAST reveals how companies can learn from the past and avoid making the headlines for the wrong…
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Manchester Airport’s transformation: Gateway to the North
In less than six months, Manchester Airport – the third largest airport in the UK – will open the first stage of its £1 billion transformation programme. Rob Stewart, Programme Delivery Director, reveals the plans.
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