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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.
Airports Council International Asia-Pacific & Middle East (ACI APAC & MID), an association representing 624 airports, delivered two important presentations at the ICAO Conference of Directors General of Civil Aviation (DGCA) for Middle East region in Riyadh, highlighting the critical need for enhancing air connectivity and seamlessly integrating Advanced Air Mobility (AAM) into the current air transportation framework.
ACI Asia-Pacific & Middle East today released the Air Connectivity Ranking 2023 that presents a diverse recovery pattern, with notable improvements amidst geopolitical challenges.
Airports Council International (ACI) Asia-Pacific and Middle East (ACI APAC & MID) announced the Airport Connectivity Report at the launch of its Middle East office in Riyadh. Developed in partnership with PwC, the Airport Connectivity Report measures passengers’ ability to access the global air transport network, capturing both direct and indirect routes, and also factoring in the quality of service of each connection, such as destination choice, service frequency, onward connectivity and price, contributing to the passenger experience. The report covers a sample of 100 airports that accounts for almost 60% of the combined passenger traffic in Asia-Pacific and the Middle East in 2019.
Airport charges have remained steady since the pandemic, while airfares have soared above pre-pandemic levels as major airlines reap record profits hampering the aviation industry recovery, reveals ACI Asia-Pacific’s study on airfare trends in the region.
At its 18th Regional Assembly in Kobe, Japan, Airports Council International (ACI) Asia-Pacific, a trade association representing 622 airports from 47 countries/territories, has made a resolution to promote, restore and develop air connectivity in Asia-Pacific and the Middle East to ensure social and economic development as well as support the United Nations Sustainable Development Goals.
Welcoming the Government of China’s decision to reopen border with quarantine-free travel, Airports Council International (ACI) Asia-Pacific reiterated its calls for consistent and harmonised approach from the Governments in response measures towards managing inbound travel.
In spite of the global macroeconomic headwinds and geopolitical instability, the aviation industry has maintained its consistent recovery providing a positive outlook for the year ahead, according to the ACI Asia-Pacific's Airport Industry Outlook, a quarterly assessment of the airports' performances.
Airports Council International (ACI) Asia-Pacific, representing 617 airports, welcomes the decisions by Governments of Japan, Hong Kong and Chinese Taipei to relax COVID-related restrictions on international travel.
China's tougher border measures and Japan's cautious approach towards relaxation of inbound travel restrictions could displace Asia-Pacific as the world's largest air passenger market for the year 2022. Asia-Pacific which has dominated the civil aviation market for several years prior to the pandemic, is estimated to finish second, behind Europe in terms of passenger share, and at a comparable level with North America.
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