#Back2Facts on the Airport Business
Airport infrastructure generates positive socio-economic impacts in terms of job creation and contributions to the economy—playing an important role in supporting the attainment of several United Nations (UN) Sustainable Development Goals (SDG). Ensuring that existing infrastructure is used efficiently and that funding for additional capacity to meet future infrastructure needs is attained, fosters the socio-economic gains associated with air transport.
Airports must have the freedom to operate as businesses in their own right so that they can recover from the impact of the pandemic and grow sustainably by investing in infrastructure, facilitating seamless travel, innovating, meeting decarbonization targets, and improving connectivity.
Aeronautical charges are vital revenue streams for airports. Charges are levied on both passengers and aircraft operators for the use of airport facilities, and they are crucial for infrastructure development and more. Governments need to support the airport business. Airport charges policies need to evolve in favour of passengers who are at the centre of the aviation ecosystem.
Regulators and the aviation industry must work together, returning #Bact2Facts on the Airport Business.
Key facts
Access the #Back2Facts on the Airport Business.
Resolutions
Restoring Economic Equilibrium
This ACI World Resolution urges governments to acknowledge the changed risk profile of airports in some jurisdictions due to the pandemic and to provide regulatory support to restore economic equilibrium for unrecovered costs, either as financial compensation or through future airport charges.
Modernizing global policy frameworks on airport charges – pricing for the benefit of the traveling public and the efficient use of infrastructure
This ACI World Resolution calls upon governments to re-evaluate their models of economic oversight on airport charges in consideration of the changed competitive landscape of both airports and airlines; and encourages airport operators and airlines to work collaboratively to boost connectivity and extend the socioeconomic benefits of aviation.
Working Papers
In support of ICAO's Airport Economics Panel
In support of ICAO's Airport Economics Panel (AEP-ANSEP/9), ACI submitted the following working papers: on commercial agreements between airport operators and aircraft operators, on value creation by airport groups, on addressing the impact of Black Swan Events, and on methodological integrity and consistency in the global data on airport charges and costs.
Related news
- 22 March 2023: Latest airport data reveals the industry’s financial recovery trends
- 11 January 2023: Restoring economic equilibrium: ACI call on regulators to support the economic sustainability of airports for the benefit of travellers and communities
- 7 December 2022: Response to IATA comments on airport charges
- 25 October 2022: WAGA 2022 agrees key resolutions to strengthen and promote the sustainability and resilience of airports
- 12 October 2022: Positive outcomes for airports as ICAO’s 41st Assembly concludes
- 26 September 2022: Shaping global aviation policy: ACI advocates for airports’ interest at ICAO’s 41st Assembly
- 21 June 2022: Back to facts on airport charges: response to statements at IATA AGM
- 30 March 2022: New research by ACI World and InterVISTAS indicates critical need for modernization of airport charges policy frameworks
Research and policy recommendations
- The State of Play: Competition, Regulation, and Airport Charges Research Report
- The State of Play: Competition, Regulation, and Airport Charges Regional Analysis
- Policy Brief – Modernizing Global Policy Frameworks on Airport Charges
- Global Outlook of Airport Capital Expenditure Report
- Value creation by Airport Groups: A study on the airport group operating model and its benefits to the aviation ecosystem
