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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.
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.
ACI Asia-Pacific President Emmanuel Menanteau outlines his plans and priorities for the association; tells us more about the ongoing efforts to stimulate the recovery of air traffic that has nosedived since the beginning of the pandemic; and provides his views on the industry’s focus towards sustainability.
When it comes to responsive tactics to navigate shifts in passenger supply and demand at airports, understanding and maximizing gate utilization plays an essential role for both the operational efficiency and profitability of airports and their ability to deliver a first-class traveler experience.
The last few years have reinforced the importance of airport ancillary revenue in the industry. For many years, the primary focus has been on direct revenue from aircraft and passenger operations. However, the spotlight is now broadening to other ancillary services such as revenue from leases, parking fees, concessionaires, and more.
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