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2023 heralds a new dawn for the aviation and tourism industry. After having remained shut for nearly three years, China-- the world’s biggest aviation market – has reopened its borders to the world. This is a significant milestone for the aviation industry in the region that has started to lose its dominating market position it enjoyed since 2012.
Airports Council International (ACI) estimated that China would contribute about 21% of global passenger traffic growth in the next two decades and overtake USA as the largest aviation market in the world before 2035. ACI Asia-Pacific’s upcoming mission to China will strengthen its engagements and collaborations with airports, regulators, industry associations and financial institutions in several areas, including capacity building, data exchange and environmental stewardship.
ACI Asia-Pacific Director General, Stefano Baronci, reflects on a busy and successful end to 2022.
David Whitely from FTI Consulting explains why environmental, social and governance (ESG) should be a top priority for the region’s airports and aviation leaders.
Airports Council International published the Global Outlook of Airport Capital Expenditure that anticipates the capital investments will be needed to address the long-term trend in passenger demand, and to achieve the long-term carbon emissions target of net zero by 2050. The publication was done in collaboration with Oxford Economics, with the financial support of Hamad International Airport, Qatar.
ACI Asia-Pacific Director General Stefano Baronci reflects on some of the operational, financial and manpower challenges facing the region’s airports and provides an overview on ACI Asia-Pacific’s latest advocacy efforts.
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.
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.
Anthony Cicuttini, World Business Partner Redwater’s Managing Director sat down with ACI Asia-Pacific to share thoughts on forecasting challenges.
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