ACI predicts global airport business could lose half its value and passengers in 2020 as impact of COVID-19 on airport industry escalates

Airports Council International (ACI) World has released updated modeling showing the worsening economic impact that the COVID-19 pandemic is having on the global airport industry. The forecasts now predict prolonged – and more widespread – traffic and revenue losses for airports across all regions. ACI World estimates a loss of more than two billion passengers […]

Moodie & Gittens discuss Survival and Revival at North American Airport Concessions Forum

More than 950 North American airport personnel and concessionaires tuned in on Wednesday to hear two global industry leaders offer insights into the latest developments in the COVID-19 crisis and what the re-emerging airport business models may look like. Speaking at the seventh Call-in Forum for the Airport Concessions Industry, hosted by the Airport Restaurant […]

ACI and IATA jointly call for urgent financial assistance to protect aviation jobs and ops

Airports Council International (ACI) World and the International Air Transport Association (IATA) have come together to call for governments to urgently grant financial relief to assist airport operators and airlines during the COVID-19 crisis. The joint statement says that the industry is united with governments around the world in efforts to stop the spread of […]

ACI: Global passenger traffic continues to moderate in 2019; North America best-performing major market

Airports Council International (ACI) World reports that global passenger traffic grew by +2.3% in October, slightly less than the +2.6% rate recorded in September. The figure remained in line with the moderation pattern observed since June, when growth rates for the industry began hovering between +2% and +3%. Year-to-date growth was recorded at +3% with […]

ACI World data: global passenger growth moderated in first half of 2019

Airports Council International (ACI) World reports that global passenger traffic moderated in the first half of 2019 while the air freight industry continued to experience downturn. The global passenger market grew by +3.9%, year-over-year, up from +3.1% in May. Year-to-date growth reached +3.6%, almost one percentage point below its 12-month rolling average. Total freight volumes […]

Global airport industry climate action passes 200 airports milestone

The global airport industry issued an update on the progress it has been making in addressing its CO2 emissions, through the independent and voluntary global certification program, Airport Carbon Accreditation. There are now 201 airports across the world certified at one of the 4 levels of Airport Carbon Accreditation, and 35 airports are carbon neutral. The airports in […]

US Aviation industry applauds Trump administration’s actions and urges reforms

While the first month of the Trump administration has been characterized as chaotic and contentious at best, the U.S. aviation industry has generally welcomed the new government with open arms.   Elaine Chao approved head of DOT First, the new Secretary of Transportation, Elaine Chao , sailed through the confirmation process, winning full Senate approval by […]

ACI: Strong first quarter passenger traffic even as March numbers moderate

ACI reports that global passenger traffic delivered strong year-over-year growth in January and February, up +6.9% and +9.2% respectively, although traffic growth moderated in March, but still grew by +5.7%. As a result, total passenger growth for the first quarter of 2016 was +7.3%, led by international traffic, up +8.2%, with domestic passenger growth up […]

ACI: airport industry shows greater reliance on pax-related revenues

Airport revenues experienced strong growth in financial year 2014, reports Airports Council International (ACI) in the 20th edition of the Airport Economics Report and Key Performance Indicators released this past week. Although financial performance varied by region, industry revenues as a whole grew by 8.2% from 2013, reaching over US$142 billion in 2014. Revenues from commercial and non-operating […]