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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.

news

Tulip shaped air traffic control tower to become landmark of Istanbul New Airport

12 January 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

Operating consortium IGA has selected AECOM and Pininfarina’s design for an air traffic control tower in the shape of a giant tulip for Istanbul New Airport. A spectacular tower in the shape of a giant tulip will become an iconic symbol of the new airport in Istanbul. As part of…

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An end-of-year report on UK Government policy on aviation and tourism

27 November 2015 | By Darren Caplan, Chief Executive of the Airport Operators Association (AOA)

As Britain enters the Christmas holiday period, Darren Caplan, Chief Executive of the Airport Operators Association (AOA) and Editorial Board Member of International Airport Review, gives a verdict on the Government’s approach to two of the UK’s most successful and interlinked sectors – aviation and tourism – underlining that there…

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Passenger growth at London Luton Airport continues to set records

9 November 2015 | By Kate Douetil

Passenger growth at London Luton Airport continues to set records, with 12 million passengers travelling through the airport in 12 months. In October, over 1 million people flew through London Luton Airport (LLA), taking it past 12 million passengers in 12 months for the first time in its 77 year…

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First transatlantic route to begin from Cork Airport

29 September 2015 | By Katie Sadler, Digital Content Producer, International Airport Review

For the first time in its history Cork Airport will witness the start of scheduled transatlantic services operated by Norwegian’s Irish subsidiary Norwegian Air International (NAI).

news

Record breaking month for Gatwick Airport passenger traffic

10 September 2015 | By Katie Sadler, Digital Content Producer, International Airport Review

London Gatwick Airport recorded 4.53 million passengers during August 2015, a 3.7 percent increase on the same period last year and the busiest month in the Airport’s history.