ECONOMICS & FINANCE

ACI Asia-Pacific & Middle East today announced the findings of its market research on airport concession business models and non-aeronautical revenues on the opening day of the The Trinity Forum 2023 in Hong Kong. Based on survey feedback from airport operators across the region, the research reveals that airports are giving “noteworthy consideration” to new […]

David Whitely from FTI Consulting explains why environmental, social and governance (ESG) issues should be a top priority for the region’s airports and aviation leaders. As we see a greater focus on the role of business in confronting broader societal issues, there is now a stronger imperative for airports to develop and adopt a more […]

New ACI data reveals ‘green shoots of recovery’ for airports in Asia-Pacific and the Middle East. The aviation industry in Asia-Pacific and the Middle East is experiencing green shoots of recovery, according to the first edition of Airport Industry Outlook, a new quarterly report by ACI Asia-Pacific. The report, developed in partnership with Mott MacDonald, […]

Sydney Airport is set to be sold for a colossal A$23.6 billion ($17.5 billion) after the board unanimously voted to accept an offer from an infrastructure investment group. The offer from Sydney Aviation Alliance (SAA) has been on the table for over a month and the deal, should it go through, will make it one […]

Bahrain International Airport today announced that its long awaited new $1.1 billion terminal will open for business on January 28. According to Bahrain Airport Company (BAC), moving operations to the new state-of-the-art facility is a major step towards achieving the Kingdom’s ambitious Economic Vision 2030. The vision is based on diversification and sustainability goals and […]

Brisbane Airport (BNE) is set to welcome more than 30,000 daily passengers tomorrow for the first time since March 16, declaring the milestone a clear sign that domestic travel is recovering. Specifically, on Friday, the airport’s Domestic Terminal will see more than 16,000 arrivals and 14,000 departing passengers from a total of 309 flights. Off the back of interstate borders re-opening, […]

Airport Authority Hong Kong (AAHK) today announced that its relief package for the airport community will extend for another two months to end of October 2020 in view of the ongoing impact of the COVID-19 pandemic. The coronavirus pandemic and continuing political unrest in Hong Kong has had a huge impact on traffic at Hong […]

The NZ Airports Association (NZ Airports) has welcomed the government’s announcement that the Chatham Islands will receive NZ$40m in COVID-19 recovery funding, the great majority of which will go to upgrading the runway at Tuuta Airport, allowing larger aircraft to land. The association’s chief executive, Kevin Ward, said the investment will be a real and […]

The Association of Asia Pacific Airlines (AAPA) is urging governments to ease what it claims are “unduly onerous restrictions on international air travel” to re-establish global connectivity with evidence-based measures to safeguard public health. More than six months into the COVID-19 pandemic, the Asia Pacific air transport industry notes that it is taking initial steps […]

New Chitose Airport operator, Hokkaido Airports Co Ltd (HAP) has launched a social media marketing campaign in a bid to re-boot tourism to the Japanese island. Launched in conjunction with the Hokkaido government and the Hokkaido Tourism Organization, its HOKKAIDO LOVE! initiative is designed to encourage tourists to return to Japan’s northern most island, which […]

ACI Asia-Pacific believes that passenger numbers across the region have hit “rock bottom” based on new traffic figures that show a 95% decrease in throughput at 18 of the region’s busiest airports. The year-on-year traffic figures are for airports in the major aviation markets of Asia-Pacific and the Middle East. According to ACI Asia-Pacific, initial […]

Asia-Pacific Airports turns the spotlight on the GMR Group and its airport assets in India and across the planet. These are exciting times for India’s GMR group, which continues to develop and expand its airport network both at home and abroad and will shortly welcome a key new investment partner. On home turf in India, GMR […]

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 World Central (DWC) registered its best year to date in 2019, handling a record 1.6 million passengers, although the figures are slightly misleading as the huge 81.5% upturn in traffic owes a lot to the transfer of flights to the airport from Dubai International (DXB) while its southern runway was being revamped. Indeed, DXB’s southern […]

Concentrating on the basics and keeping things simple can prove the catalyst for improved duty free revenues at airports, writes Paccaya Resource’s Andrew Ford. Like so many of us, I often read articles promoting the virtues of improved retail ideas and increased non-aeronautical revenues, but where are the articles highlighting the real grass roots benefits […]

The challenges of growth, innovative technology and the customer experience were just a few of the topics on the agenda at this year’s ACI Asia-Pacific/World Annual General Assembly Conference & Exhibition in Hong Kong, writes Joe Bates. Hopes were high that this year’s joint ACI Asia-Pacific/World Annual General Assembly Conference & Exhibition (WAGA) in dynamic […]

Asia-Pacific Airports turns the spotlight on the region’s ‘green’ leaders, environmental award winners and sustainability trendsetters. Airports continue to do their bit to reduce aviation’s impact on the environment, with ACI recently revealing that a total of 246 gateways across the planet now use its Airport Carbon Accreditation programme to manage and reduce their carbon […]

Ivo Favotto reviews a new study that clearly shows that car parking, so important to the bottom line of most airports, is becoming increasingly innovative and dynamic. Let’s be honest, airport car parking has never been considered on the cool side of airport management and probably never will be despite its obvious importance as a […]

New technology continues to provide airports with new sources of data about passenger behaviours than can be used to improve operational efficiency and boost revenues, writes Tony Chapman. You’re rushing to the airport to catch a flight when the service you’ve subscribed to sends a text message. It’s letting you know there’s an accident ahead […]

John Kasarda tells us more about the exciting plans to create a dynamic economic zone around Zhengzhou Xinzheng International Airport in China’s Henan Province. China’s mushrooming air traffic has led to an airport construction boom that in the last five years alone has led to more than $43 billion being invested in modernising and expanding […]

Asia-Pacific Airport’s editor, Joe Bates, reviews some of the exciting capital investment projects planned for airports in Myanmar and Vietnam. With traffic across Asia-Pacific rising by 8% to 2.67 billion passengers in 2015, there is little doubt that the region remains one of the global hotspots for traffic growth and is likely to remain so for the […]

Graham Newton talks to Oman Air CEO, Paul Gregorowitsch, about the airline’s strategy and its role in the wider economy.  Tell us about your strategy for the airline, including the expansion and the efficiency programme? Oman Air is guided by a development plan that was endorsed by the board of directors in 2013. This sees […]