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June 5, 2017

ACI report indicates stable financial growth of airport industry

In its latest edition of the Airport Economics Report, Airports Council International (ACI) has confirmed that economic woes and geopolitical risks across global markets have not impacted the financial health of the airport industry.

In its latest edition of the Airport Economics Report, Airports Council International (ACI) has confirmed that economic woes and geopolitical risks across global markets have not impacted the financial health of the airport industry.

The report stated that revenues, costs and the industry's financial performance have assumed a degree of stability over a number of years.

ACI World director general Angela Gittens said: “Airports are complex businesses that operate in specific physical, cultural, socio-economic and regulatory environments.

“They are an integral part of the dynamic air transport system and their economic sustainability requires evidence-based decision-making. ACI monitors the economic aspects of this dynamic industry that contribute to their sustainability.”

"Airports are an integral part of the dynamic air transport system and their economic sustainability requires evidence-based decision-making."

The financial results of the airports for 2015 corresponded with growth observed in traffic volumes for the same period.

While revenues and costs increased 6% and 4.3% respectively, on a per-workload-unit basis, this growth stood at 0.1% and -1.7%.

These numbers reflect the commitment of the airport industry to pursue efficient operations and sustainable infrastructure development to accommodate traffic growth, according to the report. 

It also claims the airport industry creates value for users and bankable returns for investors, with a 6.4% return on invested capital reported for 2015.

The report provides information about the financial performance of the world’s airports to managers, analysts, investors and other aviation stakeholders.

This year’s report comprises commentary on industry revenues by source, cost and evolution over time, as well as statistical annexes of all key performance indicators.

An airport trade association, ACI has served 623 members operating 1,940 airports worldwide as of January.

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