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Airport Business Analytics
Introduction The proliferation of low-cost carriers has led to revenue stagnation in the aeronautical segment. As a result, most airports are focusing on the non-aeronautical revenue segment to maintain sustainable growth. The rise in disposable income of the higher-income group of people who prefer to travel by air has given a big boost to airport...
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Introduction Proliferation of the low cost carriers has led to revenue stagnation in the aeronautical segment. As a result, most of the airports are focusing on the non-aeronautical revenue segment to maintain a sustainable growth. The rise in the disposable income of the higher income group people who prefer to travel by aero plane has...
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Introduction A recent report by Airports Council International (ACI) unmasks quite an unsettling trend that despite the non-aeronautical revenue growth the overall revenue per passenger is flattening out as airports compete to attract low cost carriers which generate low aeronautical revenue. To stay buoyed airports will have to focus on non-aero revenue which has been...
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Introduction The airport retailing market is estimated to grow from USD 31.79 Billion in 2016 to USD 47.81 Billion by 2021, at a CAGR of 8.5% from 2016 to 2021. Airport retail has become a very popular concept in the last few years. It has become an important part of the strategies of companies to...
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