According to ACI World’s latest Airport Economics Report, global airport passenger traffic reached 9.4 billion in 2024, 4% higher than in 2019, while total revenue stood at $194.9 billion, 2.1% below pre-pandemic levels in real terms. Aeronautical and non-aeronautical revenues remained 3% and 9% below 2019 levels respectively, with full recovery expected in 2025 and mid-2026. Although the global ROIC rose to 6.3% in 2024, it still lagged behind the sector’s WACC, showing continued financial pressure. Airport revenues are projected to exceed 2019 levels in 2026, subject to financing, inflation, regulation and geopolitical risks. ACI called for supportive policies to enhance airport financial resilience and infrastructure investment.
The first electric ambulance for airport rescue services has entered service at Torino Airport.Turin is the first airport in Italy, and one of the first in Europe, to be equipped with a CO2-neutral vehicle to provide medical assistance to passengers and airport users.The electric ambulance is part o
The ibis Styles brand, renowned for its exceptional and unique designs at more than 560 hotels around the world, is growing thanks to a new addition at Munich Airport.The project officially got under way with the groundbreaking ceremony on May 30, 2023.The 358-room hotel is due to open in spring 202
Delta Air Lines workers and labor unions will hold a media event outside the carrier’s shareholder meeting in New York City on Thursday, June 15 at 7 a.m. ET.Delta workers and the unions they are seeking to join are supporting the shareholder adoption of a non-interference policy at the carrier. Sha