Large U.S. airports could exhaust the federal aid they received in 2020 unless passenger volumes significantly improve in 2021, a new report from Moody’s found.
The formal agreement between the two organisations will provide platforms and guidance for airports at a world level, recognising the vital role they will play in driving economic recovery in a post-pandemic era.
Routes Reconnected will unite the global route development community at the end of this month to pave the road to recovery and rebuild demand for Summer 2021.
Chief executives from some of the world’s leading airlines will be in attendance at Routes Reconnected to discuss the long-term impacts of the COVID-19 pandemic on their business models and how they intend to rebuild passenger demand.
As lockdowns ease, new market patterns, regulations and business practices are emerging. Those organizations that adapt most effectively will emerge strongest.
Last week, Routes announced its brand-new hybrid event – Routes Reconnected. We spoke to Routes’ Director, Steven Small, to understand how the event will support the industry in rebuilding and reshaping the world’s air services in the post-pandemic era.
A new event is being launched by Routes which will provide an innovative platform for the aviation industry to rebuild air services in the post-pandemic era.
Proposed green taxes on airlines will have no positive impact on the industry’s sustainability, senior figures from some of the top carriers have agreed.
Airports should merge the functions of air service development and commercial development, working in closer partnership with multiple stakeholders, the director general of ACI Europe has said.
Routes Silk Road will bring together key decision makers from the region’s airlines, airports and tourism authorities for face-to-face meetings, networking opportunities and the Routes conference programme.
Latest data from the organisation’s membership shows global passenger traffic grew 7.3 per cent in December 2016 and 5.5 per cent for the year as a whole. All regions except Africa posted growth in passenger volumes for the year, ranging from 2.2 per cent in the recessionary Latin America-Caribbean region to over 9.0 per cent in the buoyant Asia-Pacific and Middle East regions.
The lack of money invested in airport infrastructure in the US and Europe was bemoaned in session three of the World Routes Tourism Summit yesterday afternoon in Chicago, writes Justin Birns for The HUB.
Some of the world’s key airport operator players took part in an engaging debate at the 20th World Routes Development Forum Strategy Summit in Chicago on Sunday, Justin Burns writes for The HUB.
"Connectivity is the value of aviation. Putting together airports and airlines to explore connections with all the choices for the airlines and the stakes for the airport and its community, releases that value."
Just ahead of this year's World Routes, Airports Council International (ACI) released the latest edition of the World Airport Traffic Report. With comprehensive data coverage for almost 2,000 airports in 160 countries worldwide, ACI's flagship publication remains the authoritative source and industry reference for the latest airport traffic data, rankings and trends on air transport demand.