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The topic of rising airfare trends was one of the focal points of discussions among airport leaders during the Board Meeting of the Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), hosted by Cambodia Airports, in Phnom Penh.
As Australia’s sixth largest airport outside the capital cities, Newcastle Airport contributes more than $1.16 billion to the NSW economy each year, including $300 million direct to the visitor economy which supports over 5,700 full-time employees across tourism and our Airport cluster.
Perth Airport has reported a strong profit result for FY24 as it prepares to embark on an historic $5billion infrastructure investment program.
Wellington Airport has announced its unaudited results for the six months ended 30 September 2024 with revenue growth of 18.6% to $91 million and EBITDAF before subvention payment up by 25% to $63 million from the same period last year.[i]
The Airport City at Hong Kong International Airport (HKIA) is developing into a new, world-leading landmark, the largest in the region, that integrates commercial activities, popular culture, art trading, entertainment and leisure under an expanded development blueprint spearheaded by Airport Authority Hong Kong (AAHK), with the aim of driving further economic development of Hong Kong and the Greater Bay Area.
A new economic impact report estimates Wellington Airport contributes over 14,500 jobs and $2 billion in GDP to the Wellington region’s economy.
Airport Authority Hong Kong (AAHK) is finalising the expansion plan of HKIA Precious Metals Depository at Hong Kong International Airport (HKIA) to support the Government’s initiative to develop world-class gold storage facilities and establish Hong Kong as an international gold trading centre.
Airbus, Kansai Airports, and Kawasaki Heavy Industries (Kawasaki) have signed a Memorandum of Understanding (MoU) to study the feasibility of hydrogen infrastructure at three airports operated in the Kansai region - Kansai International Airport, Osaka International Airport, and Kobe Airport.
Airport Authority Hong Kong (AAHK) welcomes the Chief Executive’s 2024 Policy Address, in which he supports Hong Kong International Airport (HKIA) in stepping up efforts to expand aviation network and develop new destinations and flights, consolidating its position as an international aviation hub, as well as supporting various new projects under the Airport City strategy.
In a significant milestone, ACI Asia-Pacific & Middle East inked a Memorandum of Understanding with Mactan-Cebu International Airport (MCIA) to run a pilot to support the airport establish a comprehensive framework on environmentally sustainable initiatives to achieve its Net Zero emissions goals.
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