External Factors and Their Impact on Non-Aeronautical Revenue

In recent years, non-aeronautical revenue has played an increasing role in airports' total revenue. To predict the impact that external factors may have on airport revenue, it is essential to understand how non-aeronautical revenue is generated. To help the reader understand these mechanics, this paper examines the main factors underlying the generation of non-aeronautical revenue at airports. Two significant external factors—the current credit crisis and worldwide economic recession, and the recent fluctuations in the price of oil—are then analyzed with respect to their potential impact on airlines, passenger volumes, and the generation of non-aeronautical revenue for airports. The paper concludes that these external factors do affect airports' non-aeronautical revenue and that, to a certain extent, airports can take action to mitigate this impact.

Language

  • English

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Filing Info

  • Accession Number: 01140602
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Sep 24 2009 12:07PM