It’s a brave new world for airport economists and financiers, and the 4th annual ACI Airport Economics & Finance Conference, jointly organised by ACI EUROPE & ACI WORLD, and held in London on 7-9 March, brought together many of its pioneering spirits. Ross Falconer & Donagh Cagney report.
As part of the major review of overall EU transport policy currently underway, the European Investment Bank (EIB) launched a public consultation on the revision of its transport lending policy. This process included a stakeholder hearing in Brussels on 6 June, at which ACI EUROPE was represented by Christoph Köppchen, Manager – Economics. Ross Falconer reports.
At the start of the summer, ACI EUROPE published its Economics Report 2010, bringing together and analysing in aggregate form economic data from over 190 European airports. The report – kindly sponsored by TAV Airports Holding – covers airports which carried 77% (or over 1 billion) of Europe’s air passengers in 2009 and sheds light on how the industry weathered the recessionary storm. Donagh Cagney reports.
The 20th ACI EUROPE Airport Trading Conference and Exhibition, this year hosted by DAA, took place in Dublin from 4 to 6 April. It was an appropriate venue – Ireland is, of course, where duty free began, at Shannon Airport in 1947, and Dublin Airport itself recently opened its spectacular new Terminal 2, which is notable for its impressive retail offer. Ross Falconer reports.
The gradual recovery of the economy, both in European and global terms, has coincided with a rise in passenger numbers, highlighting the strength of airports as a prospect for private investment. Ryan Ghee & Robert O’Meara report.