FEATURES
The latest news from communications manager, Samantha Solomon, includes an update on ACI Asia-Pacific’s advocacy efforts, new dates for postponed events and a growing list of World Business Partners. ACI EVENTS RESCHEDULED FOLLOWING CORONAVIRUS OUTBREAK The organisers are pleased to announce that the ACI 12th Annual Airport Economics & Finance Conference and Exhibition and pre-conference […]
AviaDev Europe’s managing director, Juraj Toth, discusses the economics of route development and the global value of aviation. In the past few months, the aviation industry has become an easy target in the global fight against climate change. People all around the world, but especially in Europe, have been pointing fingers at air transport as […]
Seven regional airports have announced their “shock” that Airways NZ, the national air traffic management organisation, wants to discuss the removal of air traffic control at their facilities in the wake of COVID-19. Napier, Gisborne, New Plymouth, Rotorua and Invercargill Airports, and the flight information service at Kapiti Coast and Milford Sound Airports, are reeling […]
Fred Lam, the CEO of Airport Authority Hong Kong (AAHK) has agreed to take a voluntary 20% pay cut for six months as part of the latest measures to help Hong Kong International Airport get through the coronavirus crisis. “The entire aviation industry is facing unprecedented difficulties because of the COVID-19 pandemic,” explained Lam. “The […]
How are the world’s airport city/aerotropolis developments faring? Some hugely ambitious projects in the Asia-Pacific region come under the microscope in the first of a two-part global review by Dr John Kasarda. Today’s airports are powerful business magnets and metropolitan region economic accelerators. Functioning much like central train stations of our urban past, they increasingly […]
Global airport operator, Corporación América Airports (CAAP) has announced that it experienced a 14.6% drop in EBITDA in 2019 and outlined a number of business measures designed to guide it through the coronavirus crisis. Fiscal highlights in 2019 are said to include a year-on-year rise of 9.3% in consolidated revenues to $1.5 billion, while passenger […]
Singapore Changi has become the latest airport to announce plans to downsize its operations during the coronavirus crisis, closing Terminal 2 from May 1. Operator, Changi Airport Group (CAG), says that move is in response to “the steep decline in passenger traffic and the likelihood that air travel demand will not return to pre-Covid-19 levels […]
Simon Morris, vice president at ICF International, reviews some of the major airport transactions of last year and speculates what deals could be in store for 2020. Last year confounded the airport transaction pessimists with a high volume of good quality assets sold at healthy prices. And, although secondary sales predominated, there were nonetheless some […]
The Asia Pacific Travel Retail Association (APTRA) is urging governments across the region to prioritise support packages for the travel retail industry to help many operators survive the coronavirus crisis. APTRA is writing to government policymakers responsible for determining Covid-19 fiscal relief and funding across ministerial offices including aviation, maritime, retail, F&B and tourism industries. […]
ACI Asia-Pacific is urging governments across the Asia-Pacific and Middle East region to swiftly implement relief measures to safeguard airport employment and connectivity. Revised ACI revenue forecasts show the 2020 impact of the pandemic now stands at $23.9 billion for Asia-Pacific and $5.7 billion for the Middle East, impacting airports of all sizes. A prolonged […]
Dubai’s new food court of the future, Australia’s first working brewery inside an airport and Irish food and drink taking centre stage at Dublin Airport are on the menu in our global retail/F&B round-up. HMSHost International claims to have opened the food court of the future with the unveiling of its 170sqm Food Village at […]
Heinemann Australia has celebrated five years at Sydney Airport by extending its Duty Free concession at the gateway until 2029. The news is a major coup for the company, which has operated Heinemann Tax & Duty Free store at the airport since 2015. “I’m delighted that we have attained this agreement extension, as it not only […]
