A record number of participants led to 12 airports receiving Platinum, Gold, and Silver awards in New Delhi for outstanding Sustainable Energy Initiatives.
Kansai Airports today announced its consolidated financial results for the fiscal year ended March 31, 2022, posting operating revenues of 66.4 billion yen, operating loss of 33.2 billion yen, ordinary loss of 42.6 billion yen and net loss of 30.2 billion yen.
Despite considering the Government of Japan’s decision to remove border measures imposed in the Country in response to the COVID-19 pandemic as a positive step, ACI Asia-Pacific recommends the Government for a complete removal of international air travel restrictions, indicating that the industry cannot fully recover amid curbs.
Malaysia Airports Holdings Berhad (Malaysia Airports or the Group) successfully concluded its 23rd Annual General Meeting (AGM) today, with all 5 Ordinary Resolutions and one Special Resolution tabled duly approved by its shareholders. The global airport operator continues to show strong resiliency during the pandemic in FY2021 by achieving positive earnings before tax, interest, depreciation, and amortisation (EBITDA) of RM220.3 million, an increase of over 100% from FY2020. It also recorded improved FY2021 net operating cash generation of RM271.1 million.
More than 700,000 people flew through Queensland Airports Limited’s (QAL) four ports in April – the highest number since January 2020. The 707,862 people who flew through Gold Coast, Townsville, Mount Isa and Longreach airports is just 1.4 per cent less than the amount who travelled through in April 2019 – suggesting the airports have almost returned to pre-COVID-19 passenger volumes.
The Malaysia Airports Group has reported EBITDA of RM186.9 million for its financial period ended 31 March 2022 (1Q22), a significant improvement compared to the negative RM16.2 million recorded over the same period last year (1Q21). The significant improvement in Group EBITDA was largely in line with the traffic recovery for both of the Group’s operations for Malaysia and Turkey.
The return of American Airlines, the world’s largest airline, announced today has cemented Auckland Airport’s title as the Australasian airport with the most non-stop connections to the United States and Canada.
Asia-Pacific and the Middle East aviation industry is experiencing green shoots of recovery, according to the first edition of the Airport Industry Outlook, a quarterly report by Airports Council International Asia-Pacific (ACI APAC). The report, developed in partnership with Mott MacDonald — a global engineering, management and development consultancy— provides a snapshot of how airports in the region have performed during the first quarter of 2022 (Jan to March). This analysis also sheds light on two recurring themes which are currently impacting the industry — COVID-19 pandemic and the geo-political conflict.
The 17th ACI Asia-Pacific Regional Board & General Assembly concluded successfully-- our first in-person meeting in more than two years since the pandemic broke out.
For international flights, although the number of passengers entering Japan has been on an increasing trend due to the gradual easing of entry restrictions since March 1, limited passenger traffic continued due to the prolonged impact of COVID-19. For domestic flights, the total number of domestic passengers at the three airports was approximately 65% of the pre-COVID level (April 2019), due to the lifting of quasi-emergency measures in March and an increase in the number of passengers during the consecutive holidays. Although the number of international cargo movements continued to be at a high level of over 2,000 times a month, it was slightly lower than the previous year due to the influence of the recent unstable world situation.
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