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The topic of rising airfare trends was one of the focal points of discussions among airport leaders during the Board Meeting of the Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), hosted by Cambodia Airports, in Phnom Penh.
Airports Council International Asia-Pacific & Middle East (ACI APAC & MID) has reiterated its call for economic sustainability and financial resilience as critical components for infrastructure development to support the expected growth in the region’s air transport sector.
Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), an association representing 624 airports, delivered two important presentations at the ICAO Conference of Directors General of Civil Aviation (DGCA) for Middle East region in Riyadh, highlighting the critical need for enhancing air connectivity and seamlessly integrating Advanced Air Mobility (AAM) into the current air transportation framework.
ACI Asia-Pacific & Middle East today released the Air Connectivity Ranking 2023 that presents a diverse recovery pattern, with notable improvements amidst geopolitical challenges.
The Airport Industry Outlook, developed in partnership with Mott MacDonald, reveals the overall seat capacity in H2 2023 is just 3% below the levels recorded in 2019 H2. While the domestic seat capacity in H2 2023 grew by +3% over the same period in 2019 but international is lagging at -14%.
ACI Asia-Pacific & Middle East, the trade group for airports, announced the findings of the market research on airport concession business models and non-aeronautical revenues on the occasion of the 20th anniversary celebration of The Trinity Forum, the world's leading conference on airport commercial revenues. ACI Asia-Pacific & Middle East is one of the co-organisers of the event, along with The Moodie Davitt Report and ACI World.
The Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade association for airports, has reaffirmed its commitment to the sustainable growth and development of the airport industry at the ICAO 58th Conference of Director Generals of Civil Aviation for Asia and Pacific Region in Dhaka, Bangladesh.
Airports Council International (ACI) Asia-Pacific and Middle East (ACI APAC & MID) announced the Airport Connectivity Report at the launch of its Middle East office in Riyadh. Developed in partnership with PwC, the Airport Connectivity Report measures passengers’ ability to access the global air transport network, capturing both direct and indirect routes, and also factoring in the quality of service of each connection, such as destination choice, service frequency, onward connectivity and price, contributing to the passenger experience. The report covers a sample of 100 airports that accounts for almost 60% of the combined passenger traffic in Asia-Pacific and the Middle East in 2019.
Airport charges have remained steady since the pandemic, while airfares have soared above pre-pandemic levels as major airlines reap record profits hampering the aviation industry recovery, reveals ACI Asia-Pacific’s study on airfare trends in the region.
Airfares in Asia-Pacific and Middle East surged as nations emerged from pandemic-related restrictions, according to the Airports Council International (ACI) Asia-Pacific’s latest Airport Industry Outlook.
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