by: Dr. Robert Malina and Christoph Wollersheim
In most countries, the majority of airports depend on public funding. Local politicians, airport managers and other advocates of regional aviation habitually justify their intentions by referring to studies that demonstrate the importance of the particular airport for the regional economy. There does not seem to be a clear consensus. In this paper, we therefore analyze the strengths and weaknesses of the three major approaches and their applicability to the quantification of the economic impact of airports.
by Brian Goehring, Anand Janardhan and Maureen Stancik Boyce
Customer loyalty programs in the airline business have suffered as airlines have been hit with multiple challenges over the past few years – bankruptcies, increasing fuel prices, an increasing number of competitors and deteriorating customer satisfaction. As a result, the industry risks further commoditization, while other industries continue to innovate. Many travel customers feel trapped, remaining loyal primarily to avoid losing status and accumulated rewards.
by Nicholas Stevens and Arron Walker
In recent years, the air transport industry has experienced unprecedented growth, driven by strong local and global economies. Airport owners and operators will continue to be faced with challenging business environment. In response, many airports, in this case Australia, recognize the value in diversifying their revenue streams through a variety of landside property developments within the airport boundary. The aim of this preliminary research is to identify and categorize on-airport developments to assist airport and municipal planners in Australia understanding the current extent and category of on-airport land use. This article is part of the collaboration between Aerlines Magazine and the Dutch Ministry for Housing, Spatial Planning and Environment (VROM).
By Franziska Kupfer and Frédéric Lagneaux
In the past few years, the logistics business has come to play a significant role in. Air transport and airports in particular are driving forces in creating added value in the Benelux. Not only in terms of business generated within the air transport cluster, but also in terms of airports’ attractiveness. A close look at the top 20 cargo airports in Europe in 2006, shows us that three of the six Belgian airports are included in that list. Brussels Airport and Liège Airport occupy places 6 and 8 respectively. In this paper we assess in-depth the economic importance of airports and the air transport cluster in Belgium.
A book review by Ruwantissa Abeyratne
This book, authored by two distinguished experts on the subject of air traffic management and finance and economics respectively, reflects a balanced blend of professional experience and academic research. This fusion serves the reader well in obtaining a thorough understanding of air traffic management in the introduction to the book, which acts as an enabler towards understanding a wide spectrum of air traffic systems and their complex technical aspects, which are explained in clear, unpretentious and eminently comprehensible language.
A book review by Lomme Devriendt
As the characteristics and needs of leisure travelers differ so much from those of business travelers, a separate consideration of the relationships between the aviation and tourism market is required if a detailed understanding of the leisure-driven air travel market is to be gained. No less than 26 distinguished experts in the domain of aviation and tourism were invited by Anne Graham, Andreas Papatheodorou, and Peter Forsyth to contribute to this intriguing theme in the book ‘Aviation and Tourism’.