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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.
Sunny Yoon, executive director of Incheon International Airport Corporation’s Terminal Operation Group, talks to ACI Asia-Pacific’s Sunil Subbaiah about the South Korean hub’s commitment to delivering a world-class passenger experience.
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.
As the country’s third busiest airport that connects Bengaluru to 78 domestic and 25 international destinations, BLR Airport is committed to create a sustainable future.
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 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 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.
The rate of global sea level rise in the past 2 decades is approximately double of the last century. The warmest years, as recorded by NASA, are 2016 and 2020. Much of this is due to increased carbon dioxide emissions.
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.
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