Revenue Generation Through Aeronautical And Non Aeronautical Activities

In 2017 the top 10 busiest airports saw a total of 793 million passengers passing through over the course of a year.

Revenue generation through aeronautical and non aeronautical activities. Airport non aeronautical revenues professional certificate course delivery. The course will aim to emphasize the opportunities available to airport. In this blog we show you 5 ways you can generate automated non aeronautical revenue from the passengers moving through your airport. Crucially it noted that combined revenues from commercial and non operating activities accounted for 45 of revenue at the world s airports and grew by 7 2 year on year.

3 days aim as non aeronautical revenues are a key contributor to the financial success of airports the course will increase participant knowledge in regards to global best practices to optimize revenue development. Aci world s data analysis of airport related non aeronautical revenue generation is examined. The middle east also accounts for the highest collection in retail concessions per passenger. Ability to directly control and optimize revenues from these sources is primary reason for airports to.

Non aeronautical income of airports has traditionally come from the lease or operation of duty free and specialty retail outlets restaurants and other airport services such as currency exchange or luggage wrapping. The middle east is the strongest area for such revenue generation. Indeed an increase of 1 in the global passenger satisfaction mean as defined by the airport service quality asq survey generates on average a 1 5 growth in non aeronautical revenue. With an average of 44 of global airports revenues deriving from the non aeronautical sector and its increasing profitability airports regardless of size have attempted to increase their revenue generation through non aeronautical activities.

The weight of the revenue from non aeronautical activities has only grown in airports around the world in recent decades the international civil aviation organisation icao a specialised agency of the united nations states in their latest handbook on the economic aspects of airports only available in spanish that as the volume of passengers increases not only does the business in the. Significance of non aeronautical revenues airports around the world are focusing significantly to grow their contribution from non aeronautical revenue streams. Non aeronautical revenue an under valued potential with several years of stellar growth under its belt commercial revenue has always been the bright star for airport income. Patrick bohl chair of the aci europe commercial forum and head of retail and advertising at budapest airport explains that this source of revenue has become as important as.

Overall non aeronautical revenues contributed 40 4 of industry incomes compared to aeronautical 55 5 and other non operating revenues 4 1. Customer experience execution is crucial since the best way of increasing non aeronautical revenues is to increase the customer satisfaction. While growth has tapered recently opportunities are still plentiful and many airports are bucking the trend by investing in innovative facilities and services in.