PRTODAY / NewswireToday Free press release distribution service network

More news: Transportation
Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Non-aeronautical Income Accounts for Lion’s Share of Revenues in Global Airports Finds Frost & Sullivan - The trend towards constructing airport cities or aerotropolises will serve to exponentially boost airport revenues, Finds Frost & Sullivan - FinancialServices.frost.com
Non-aeronautical Income Accounts for Lion’s Share of Revenues in Global Airports Finds Frost & Sullivan

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2015/04/22 - The trend towards constructing airport cities or aerotropolises will serve to exponentially boost airport revenues, Finds Frost & Sullivan - FinancialServices.frost.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Airports have traditionally been dependent on passenger traffic and airlines for revenues. As customer expectations change and airline operators struggle to sustain profits, airports are diversifying their sources of income to include non-aeronautical avenues, such as duty free shops and lounges.

New analysis from Frost & Sullivan, Analysis of the Global Airport Industry, reveals that in the United States alone, the proportion of non-aeronautical revenues accounted for 44.8 percent of the total airport revenues in 2012. The trend is similar in developing countries too. While aeronautical revenues in China’s Guangzhou airport grew 8.7 percent, non-aeronautical revenue grew 28.2 percent in 2012.

Safety concerns along with government regulations and interference often close viable growth opportunities in the airport industry. Airports need to manage critical resources, such as air space and runways, while complying with government regulations and simultaneously increasing profits.

“To achieve this balance, airports are investing heavily in optimizing revenue per visitor,” said Frost & Sullivan Industry Analyst Renganathan Krishnamurthy. “Providing parking facilities, conference rooms, and boarding and lodging facilities opens up new opportunities for income generation.”

Further, airports are improving cargo traffic. By building specialized cargo facilities, expanding technologies and hiring personnel to reduce overall handling time, air cargo can be made an attractive proposition for time-constrained businesses.

Apart from an increased focus on non-aeronautical revenue, governments and airports are constructing airport cities to boost overall business in the surrounding regions. An aerotropolis or airport city is an urban planning and development concept in which an entire town or city’s business revolves around an airport and its related activities.

“This centerpiece approach is expected to significantly drive revenues for airports,” observed Krishnamurthy. “However, airport cities are long-term strategies. It will require the consensus of a host of stakeholders along with effective planning and execution to make the concept commercially viable on a global scale.”

Analysis of the Global Airport Industry is part of the Business and Financial Services (financialservices.frost.com) subscription. Frost & Sullivan’s related studies include: Global Civil Helicopters Market, Commercial Aircraft Fuel Systems Market, Optionally Piloted Helicopters and Global Airport IT Market. All studies included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan's Business and Financial Services group serves clients around the world in all aspects of financial analysis, market research and monitoring, due diligence, idea generation, opportunity analysis, investment valuation, and other proprietary research.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation

Analysis of the Global Airport Industry / NEB0-F1

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Transportation Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Transportation articles,
CATCH Visitors via Your Competitors Announcements!


Non-aeronautical Income Accounts for Lion’s Share of Revenues in Global Airports Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan | Global Airport Industry
Publisher Contact: Kayla Belcher - Frost.com 
210-247-3870 kayla.belcher[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Transportation via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Transportation Most Recent Related Newswires:

Alstom Supplied the Interlocking System to Newly Opened High-speed Line in South Korea
Alstom Starts Delivery of 30 Regional Trains to Skånetrafiken
San Francisco Municipal Transportation Agency Exercises Options for 167 New Flyer Xcelsior® Buses
Alstom’s Citadis Spirit Begins Train Dynamic Testing in Ottawa
Alstom Obtains EBA Certification for its Concrete Slab Track Solution for Main Lines
Transformational Shifts in Vehicle Automation and Digitalization to Shape the Future of the Rail Market Finds Frost & Sullivan
Transdev Awards New Flyer a Contract for up to 47 Xcelsior® Buses
MERMEC Joins Transpod, Inc. in Hyperloop System Development
Adelaide Airport Chooses SITA Smart Technology for the Future
Thales Enters into Exclusive Negotiations to Sell its Revenue Collection Solutions and Road Tolling and Car Park Management Systems Business
Alstom to Supply Traction and Train Control Monitoring Systems for the Phase 2 of Shanghai Metro Line 10
Philippines Gateway Airport Takes First Steps to 'Fast Travel' with SITA Tech
Alstom to Supply 22 Citadis Trams to The STIF for Line T9 in Ile-de-France
New Flyer’s 60-Foot Electric Bus will be the Industry-First to Test At Altoona
Alstom Supplied Traction System to Newly Opened Xi’an Metro Line 3 in China

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)