NEWS
Today marks three years since the start of the first COVID lockdown in the UK, and reflecting on the occasion, OAG’s chief analyst, John Grant, states that although traffic still lags behind 2019 levels, the national recovery is going in the right direction. He says: “Our data shows that, three years on from the pandemic, […]
A year on from the launch of its refreshed sustainability strategy, Heathrow 2.0: Connecting People and Planet, Heathrow’s 2022 Sustainability report updates on the airport’s progress. Over half of the commitments towards net zero aviation and making Heathrow a great place to live and work have been marked as “on track” or “progressing”. In 2022, […]
ACI World has today published its 2023 edition of the Airport Economics Report and Key Performance Indicators (KPIs), presenting a comprehensive view of the airport industry’s financial performance for the 2021 year. The annual Airport Economics Report presents an in-depth global analysis of airport industry revenues by source, costs, and related trends across the globe […]
Finnish airport operator, Finavia, today confirmed that its revenues grew substantially in 2022 and the operating margin turned positive. Nevertheless, the result for the financial year was negative due to the low passenger volumes at the regional airports and the low level of transfer travel at Helsinki Airport. The traffic decline at Helsinki Airport meant […]
Real estate development could act as the catalyst for the successful future development of many African airports, writes NACO’s aviation director for Africa, Marcel Langeslag. As airports continue to recover from the impact of the COVID-19 pandemic, many are looking for ways to build a more resilient business that is less dependent on revenue generated […]
Hong Kong International Airport has selected SITA to provide a carbon management platform to monitor data on carbon emissions across the airport environment. The move will help the airport track key performance indicators as the airport progresses towards its net zero carbon goal. SITA’s carbon management platform, to be fully deployed by summer 2023, will […]
Auckland Airport has commenced its biggest redevelopment since the airport opened in 1966 with a brand-new domestic terminal to be fully integrated into the international terminal. “This is a major investment for Auckland Airport, one which we have been working towards for many years,” noted the New Zealand gateway’s chairman, Patrick Strange. “The domestic terminal […]
ACI World’s vice president and chief economist, Patrick Lucas, and vice president for airport customer experience, Dimitri Coll, remind us of the economic challenges facing small airports and how enhancing customer service can boost revenues. Airports are asset-intensive businesses that require large investments just to accommodate a single aircraft landing. They must achieve a critical mass […]
VPorts has announced the signing of a Memorandum of Understanding (MOU) with Ras Al Khaimah (RAK) Airport to build and operate a first vertiport in RAK designed to establish the UAE as a world-class global AAM hub. ‘‘With the support of the Department of Civil Aviation of Ras Al Khaimah, we are excited to build […]
London Gatwick Airport has today published its financial results for 2022, and recognising the urgent need to make net zero a reality has accelerated its commitment to be net zero for its own Scope 1 and 2 carbon emissions by 2030, 10 years ahead of its previous commitment. This commitment, it says, is aligned with […]
Airport World talks to Olivier Baric, Egis’ aviation director for Africa, about the infrastructure specialist’s interests in Africa, potential challenges ahead, and why he believes that long-term partnerships are key to delivering on airport promises. What is Egis’ involvement with African airports? We are investors and long-term partner operators in three airports in the Congo […]
SITA has been selected as the preferred digital and IT systems partner for vertoports for Volocopter, a pioneer of urban air mobility (UAM). Under the agreement, SITA has become the latest investor to join Volocopter’s Series E funding round, cementing the strategic vision espoused by this partnership. According to its backers, UAM will offer “a […]
