The Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), the trade group representing over 600 airports across 44 countries and territories, today released its Travel Retail Study in the Post-Pandemic Era, revealing a fundamental shift in airport retail dynamics. The study points out that younger travelers are now driving spend, while passenger behaviour, rather than sheer traffic volumes, has become the defining factor of airport travel retail performance.
ACI Asia-Pacific has announced the programme for the twelfth Annual Airport Economics & Finance Conference & Exhibition.
ACI Asia-Pacific is calling on the Ministry of Commerce and Industry of the Government of India to maintain the status quo of the existing per passenger duty-free liquor allowance of two litres and one carton of cigarettes.
Passenger traffic in Asia-Pacific and the Middle East recorded growth in October at +1.1% and +5.2% respectively. China’s passenger traffic grew modestly in October, reflecting signs of easing especially in the domestic sector.
To reinforce Hong Kong International Airport (HKIA)’s competitiveness and its global status as the leading air cargo hub, Airport Authority Hong Kong (AA) will support airlines to introduce the Terminal Charge Concession Scheme (the Scheme) with effect from 1 April 2020.
Passenger traffic in Asia-Pacific and the Middle East recorded growth in September at +2.0% and +2.2% respectively. In China, both the international and domestic sectors showed signs of improvements, likely benefiting from an increase in vacation travels during public holidays.
Newcastle Airport and the region it services celebrated the return of international flights today, with the official start of a new partnership with Virgin Australia to offer seasonal direct flights between Newcastle and Auckland.
Passenger traffic in Asia-Pacific and the Middle East recorded growth in August at +1.6% and +1.7% respectively. The overall passenger traffic growth in China this month was negatively impacted by adverse weather conditions in eastern China and mass flight cancellations at many airports.
ACI Asia-Pacific considers it a matter of urgency to finalize the reform of the aeronautical charges regulatory framework in Malaysia to provide a stable perspective to the airport operator, who will incur significant infrastructure investments over the next years.
ACI Asia-Pacific commends Australia’s Productivity Commission for reaching the conclusion in its inquiry on the economic regulation of airports that the existing light-handed economic regulation approach continues to be fit for purpose.
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