From advocating to liberalised aviation policies to driving regional alignment at the Asia-Pacific and the Middle East DGCA Conferences, our strategic initiatives have positioned ACI as a leading voice in addressing the evolving needs of the airport sector. Additionally, we made significant strides in advancing environmental initiatives, unveiling impactful connectivity rankings, and advocating for infrastructure development to secure the long-term success of airports across the region.
Airports are the new age malls! Over the years, airports have transitioned from merely being travel points to social and commercial hubs. As passenger choices and needs continue to evolve, the airports, too, are rediscovering themselves to offer more than just travel. Another factor contributing to the constant innovation is the increased competition between airports. As the megapolis expands, the need to plan multiple airports fuels this competition within the city airports too. They have realized that to achieve commercial success and remain a preferred airport for passengers, they must offer a broad spectrum of supporting services to elevate the passenger experience and increase revenue.
Airports Council International has published a comprehensive study on the business model of Airport Groups, also known as multi-airport operators. The study examined the value created by Airport Groups and how the business model benefits the aviation ecosystem.
When it comes to responsive tactics to navigate shifts in passenger supply and demand at airports, understanding and maximizing gate utilization plays an essential role for both the operational efficiency and profitability of airports and their ability to deliver a first-class traveler experience.
The last few years have reinforced the importance of airport ancillary revenue in the industry. For many years, the primary focus has been on direct revenue from aircraft and passenger operations. However, the spotlight is now broadening to other ancillary services such as revenue from leases, parking fees, concessionaires, and more.
Aviation industry workforce will be one of the hot topics of discussion when our brand new event-- Airports Innovate -- gets under way in Muscat, Oman on December 7 & 8.
Global air travel is expected to grow over the next few months. According to ICAO, the United Nations body to support diplomacy and cooperation in air transport, there has been a steady rise in RPK (Revenue Passenger Kilometers), over the last few months. With the pandemic tapering off, supposedly, and travel restrictions being eased globally, these numbers are only going to rise.
The Moodie Davitt Report, the leading provider of business intelligence for the travel retail and airport commercial revenue sectors
National Parking Company (Mawgif)’s Group Business Development Director, Mr. Andrew Perrier, talks about challenges and the need for their business to be agile.
Managing Partner of Paccaya Resources, Andrew Ford, recently sat down with our head of communications and events Jeannie Wong for a chat. He shared some key insights necessary for the resuscitation of commercial revenues at airports.
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