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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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Fixing the aviation value system

16 March 2005 | By Alexander ter Kuile Secretary General, CANSO (Civil Air Navigation Service Organisation)

Liberalisation of sections of the aviation industry has encouraged development, but with the effectiveness of the ATM sector continuing to be hampered by government control, CANSO argues that a clear separation between the service providers and the regulators would benefit all.