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World first as ‘all-you-can-fly’ airline starts accepting payment in bitcoin
Bitcoin and Ethereum can now be used to buy membership to an exclusive airline or charter flights with Surf Air, an exclusive 'all-you-can-fly' airline.
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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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Budapest Airport smashes passenger record even before December rush
Traffic at Budapest Airport has broken another record, as the number of arriving and departing passengers exceeded 12 million by the end of November. As a result of the dynamic growth, more than one million passengers used the terminals of Budapest in November, for the first time ever.
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US airports press Congress to modernise nation’s infrastructure
A letter has been sent to Capitol Hill urging senators to improve aviation infrastructure across the USA.
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Concessionaire Analyzer+ wins International Airport Review’s Revenue Generation Award
Pioneering software from Concessionaire Analyzer+ which allows airports to control, manage, analyse and ultimately boost their non-aeronautical revenues through a modular solution, has been recognised by winning the inaugural International Airport Review Revenue Generation Award.
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Airport Awards 2017 winners announced!
In celebration of International Airport Review’s 20th anniversary year, we launched our inaugural Awards back in March 2017 to showcase the wealth of excellence, innovation and responsible development in today’s airport industry.
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20th Anniversary Supplement
As we celebrate our 20th anniversary, this special section takes a look at some key industry milestones, the evolution of both the airport and passenger journey and how International Airport Review has developed as a brand. We will also announce the winners of our inaugural International Airport Review Awards.
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International Airport Review – Issue #6 2017 – 20th Anniversary Edition
In this 20th anniversary edition of International Airport Review we celebrate the milestones that have shaped the industry and announce the winners of our successful inaugural Awards.
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UK Chancellor puts freeze on passenger duty – but has it gone far enough?
In his autumn budget, Chancellor Philip Hammond put a freeze on short-haul Air Passenger Duty (APD) for two years. But many don't think he's gone far enough.
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Addressing the Challenges of Total Airport Management
Airport ecosystems are amongst the most complex in the world and dealing with these complexities in the context of the whole airport process is a significant and multi-faceted data challenge.
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Lower fee on lighter hold baggage to tempt short-break flyers
One of Europe's biggest budget airlines has introduced a new hold baggage band to satisfy its customers' demands.
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International Airport Review Awards 2017: Our Revenue Generation shortlist
The slow drip of shortlists for our inaugural awards drips on. This time, it's the turn of the money spinners...
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Food delivery service launches at Dubai Airport
Flyers at Dubai International Airport can now order food from their phones right to the departure gate.
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Global delivery service boosts investment in Central Asia hub
DHL has announced a £300 million expansion of its strategic Central Asia Hub in Hong Kong to bolster regional trade.
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British airport group secures investment on bond market
Manchester Airport Group, the owners of two of Britain's five biggest airports, has secured a £300m bond to fund huge capital investment programmes.
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New routes announced as London Luton celebrates 43rd consecutive month of growth
London Luton Airport (LLA) recorded another record month in October, welcoming over 1.4 million passengers – an increase of 3 per cent from last year and the airport’s 43rd consecutive month of growth.
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