Airport Property
Heathrow Airport posts slight growth in Q1 retail income as traffic slips
London Heathrow Airport posted a +1.2% increase in first-quarter retail revenue year-on-year, to £170 million (US$226 million), despite a -1.6% slide in passenger volumes.
The Australian Airports Association Retail & Commercial Forum, scheduled for 21-23 July in Sydney, will include a blockbuster programme of seven extra-curricular activities.
London Heathrow Airport posted a +1.2% increase in first-quarter retail revenue year-on-year, to £170 million (US$226 million), despite a -1.6% slide in passenger volumes.
The organisers of the fourth Australian Airports Association Retail & Commercial Forum have revealed key topics to be addressed at this year’s event in Sydney on 21-23 July, as a compelling programme takes shape.
Net retail revenue per passenger reached €3.35, a slight improvement on €3.30 in the previous year.
Vienna Airport today reported financial results for 2024, with the Retail & Properties division posting a +10% rise in revenue year-on-year to €203 million.
Income per passenger rose +1.9% to NZ10.16 (US$5.81) with the passenger spend rate (PSR) nudging ahead by +0.3% year-on-year. However, international PSR was down -1.5%.
GMR Airports, the world’s second-largest private airport operator, posted strong third-quarter, non-aeronautical performances at its two leading operations, Indira Gandhi International Airport, Delhi and Rajiv Gandhi International Airport in Hyderabad for the period ended 31 December.
Something extraordinary is taking shape at Hong Kong International Airport as a vast Airport City, newly named Skytopia, takes shape. The transformative development integrates commercial activities, culture, art trading, entertainment and leisure.
The Moodie Davitt Report was on location in Kuala Lumpur recently as Malaysia Airports hosted a challenging and forward-thinking conference for its concession partners followed by an exhilarating awards gala and ceremony inspired by the movie Crazy Rich Asians.
Brisbane Airport Executive General Manager Commercial Martin Ryan and Head of Commercial Property Development Toby Innes discuss the changes that lie ahead at the airport and the vision that underpins them.
Passenger traffic at Amsterdam Airport Schiphol edges ever closer to pre-pandemic 2019 levels but airside spending levels, especially on shopping, have been hit by building work designed to transform Lounge 1’s consumer offer.
Retail revenue was the star of the show as Gatwick Airport turned in a strong first-half financial performance, the +25.1% year-on-year rise outpacing solid +7.7% passenger growth.
