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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.

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Opening Riyadh to the world

6 December 2021 | By

At the recent World Routes conference in Milan, International Airport Review Editor, Holly Miles, caught up with Jacopo Tonucci, Aeronautical Business Development Director of Riyadh Airports Company. They discussed the effect of the pandemic on King Khalid International Airport and his views for the future of air connectivity in his…