Global airport operator, Fraport, today announced record highs for revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) for fiscal year 2023. The key driver, it states, was a continued recovery in passenger numbers – particularly at the Fraport Group’s airports outside of Germany. Buoyed by this trend, the Group result (or net profit) […]
Passenger growth at Miami International Airport (MIA) is off to its fastest start ever this year and is expected to continue to the end of the month. Up until March 16 this year, MIA had served 12.3 million passengers, which is one million travellers or 9.6% more than at the same time last year. Since […]
Airline services and route networks ultimately decide the fate of any airport. As global environmental concerns grow, navigating air service development towards sustainable aviation will be a key challenge going forward, writes George Karamanos. Air travel is vital in facilitating global mobility, trade, and tourism. However, the rapid growth of the aviation industry is gradually […]
Airport World takes a closer look at some of the sustainability stories making headlines across globe in the first quarter of the year. Ambitious daa unveils environmental sustainability initiatives Irish airport operator, daa, has unveiled a 20-point plan to “accelerate its environmental sustainability ambitions” at Dublin (DUB) and Cork (ORK) airports and ensure that it […]
Tulsa International Airport has opened a state-of-the-art exhibit area within the airport terminal, specifically designed to entertain, engage, and educate young travellers. Designed to enhance the airport experience for families, the Oklahoma gateway notes that the new initiative is in partnership with the local favourite children’s museum, Discovery Lab. Its addition is just in time […]
Swedish airport operator, Swedavia, today announced that its investment in sustainable aviation will continue through its SAF (sustainable aviation fuel) incentive programme. The initiative offers discounts and reimburses airlines up to 50% of the premium cost for refuelling with environmentally friendly renewable aviation fuel. This year is the fifth in a row that Swedavia has […]
New global research from Amadeus, Travel Technology Investment Trends, has revealed a strong appetite for investment across the travel sector in 2024. According to its findings, nearly all (91%) travel companies surveyed said that they expect ‘moderate to aggressive’ increases in investment in their organisations in 2024. Launching today, the research – which examines eight […]
Some 3.9 million passengers passed through Frankfurt Airport (FRA) in February 2024, almost 13% up on the corresponding month a year ago, despite strikes on several days. The strikes resulted in the cancellation of about 1,770 flights, preventing roughly 225,000 passengers from traveling via Frankfurt as planned. This shortfall was only partially offset by the […]
Global connectivity is undergoing subtle changes as the airlines adjust their schedules to the post pandemic market, writes OAG’s chief analyst, John Grant. The great pandemic recovery is complete, well unless you are still waiting for the elusive Chinese international traveller to reappear, then most markets in the world are back to 2019 capacity levels […]
Ireland’s airports are expecting a busy St Patrick’s Day, with over 50,000 passengers expected at Cork Airport over the Bank Holiday weekend and more than 33,400 anticipated at Shannon Airport, while some 650,000 are scheduled to pass through Dublin Airport over the next eight days. Horse racing fans attending the Cheltenham Festival and rugby supporters […]
Hong Kong International Airport’s two biggest cargo operators have become the first cargo handling companies in Asia to achieve IATA Environmental Assessment (IEnvA) certification. Cathay Cargo Terminal and Hong Kong Air Cargo Terminals Limited (Hactl) between them handle over two million tonnes of cargo per annum at the airport. IEnvA is a comprehensive certification programme developed […]
The UK’s Sustainable Aviation (SA) coalition has launched a new manifesto outlining the aviation industry’s commitment to achieving net zero and minimising the impact of noise, while maximising the economic benefits that aviation delivers across the nations and regions of the UK. SA is a coalition of UK airlines, airports, aerospace manufacturers and fuel producers […]