The updated version of ACI APAC & MID’s Short Term Forecast 2025-2028, developed with OAG, projects Asia-Pacific air cargo volumes to grow 4.3% CAGR through 2028, while the Middle East is expected to expand at a 3.3% CAGR.
ACI Asia-Pacific warns the prolonged duration of the COVID-19 outbreak will significantly set back the region’s airports from previously forecasted growth prospects.
Asia-Pacific and Middle East airport revenues are under tremendous pressure two months into 2020 amidst the impact of the COVID-19 outbreak, despite moderate growth in 2019.
Passenger traffic was steady in Asia-Pacific and the Middle East during November 2019, compared to the same month of the previous year, at +2.4% and +6.6% respectively.
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.
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.
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.
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