AIRPORT WORLD 2015, ISSUE 01
In the spotlight: Economics & Finance
Airport report: Denver International
IT innovation: Improving the bottom line
Plus: People matters & Project watch
In it for the long-haul
Editor, Joe Bates, reflects on Airport World’s 20th anniversary, healthy investor interest in airports across the globe and looks forward to the Airport Economics & Finance Conference in London
When I first walked into the Airport World office in the autumn of 2000, I would have laughed out loud if you’d told me I’d still be here more than 15 years later and celebrating the 20th anniversary of the magazine with everyone this year!
It wasn’t that I didn’t plan sticking around – publisher, Jonathan Lee, is my only other colleague to remain from that day – I just didn’t think that the airport industry was exciting enough to keep me in the job that long. I was clearly wrong as aviation remains one of the most dynamic, ever evolving and talked about industries in the world today, and I am truly glad to be part of it.
I’m also happy to say that the content of Airport World continues to deliver the same winning mix of analysis and discussion.
Indeed, this ‘economics & finance’ themed issue contains outstanding articles on airport business models, privatisation projects and the A to Z of global airport operators.
Other quality features include an in-depth focus on developments at Denver International Airport, delivering value through IT, airport leadership and Mexico City’s planned new gateway.
Looking to the future, I hope you will help us continue to raise the bar in 2015 by becoming more involved with your favourite airport magazine. After all, we want to deliver the content you want most, so don’t be shy in coming forward with feedback and suggestions for future articles.
I’d also like to hear from you if you have any particular favourite Airport World story from the past that we could possibly re-visit in our special 20th anniversary issue later this year. I know I have mine!
And don’t forget that Airport World is a great way to deliver your message to the market as we are the only ACI magazine with a truly global readership – 5,000 copies are mailed to nearly 600 members operating 1,860 airports across the planet every other month – while our bi-weekly newsletter is mailed to more than 10,000 subscribers.
We value your interest in Airport World as much as we do your input and support.
As you will discover in this issue, interest in investing in airports either through buying an equity stake in the existing airport operator, completing a PPP transaction or winning a new operating concession or management contract appears to be on the rise again.
Indeed, a consortium spearheaded by France’s Aéroports de Paris (ADP) and VINCI Airports was awarded the concession to operate Santiago’s Arturo Merino Benítez International Airport as Airport World went to press!
All in perfect timing for ACI’s Airport Economics & Finance Conference in London (25-27 February), which promises to be bigger and better than ever before.
I look forward to seeing you there.
View from the top
ACI World’s director general, Angela Gittens, discusses the trend toward public-private partnerships and the resultant need for key performance indicators and benchmarks.
Hitting new heights
Denver International Airport has been winning friends and influencing people for 20 years now and its ambition to do better shows no sign of slowing down, writes Graham Newton.
The 2014 ACI Airport Economics Report shows that airport revenues remained stable despite the fragile state of the global economy, writes economics director, Rafael Echevarne.
The buying game
Mark Weighell and Simon Morris provide their thoughts on some of the key airport transactions of 2014 and speculate what the year ahead might hold for sales and acquisitions.
The A-Z of global airport operators
Who owns and operates the world’s airports? Joe Bates investigates and talks to some of the key players involved.
Airports need to develop business models that plan for uncertainty and prepare for change to succeed in today’s operating environment, writes LeighFisher’s Andy Carlisle.
Delivering value through IT
Constantly evolving technology presents new opportunities for airports to improve the bottom-line, writes Amadeus’ Julien Dersy.
New Mexico City International Airport.
ACI’s World Business Partners
Dr Richard Plenty and Terri Morrissey provide their thoughts on: The psychology of risk management.