Exclusive: ACI's Gittens shares non-aero data Airports Council International (ACI) has shared some exclusive statistics with TRBusiness on the performance of the nonaeronautical sector at global airports, split by region, as the organisation goes public with the 20th edition of the ACI World Airport Economics Report ES S In an exclusive interview with TRBusiness, ACI World’s Director General, Angela Gittens said that while some regions are seeing a plateau in terms of retail dominance (over other non-aero segments in terms of percentage share) others are still experiencing an upward trajectory [See table below] Read the full interview with ACI World’s Director General, Angela Gittens in the next issue of TRBusiness “There is kind of a plateau in the more sophisticated airports in Europe, for example I think because of growth in middle class air travellers, revenue in some other regions could see an increase B U SI N Click to enlarge all tables and charts Exclusive regional non-aero statistics shared with TRBusiness TR “So I think, along with traffic, retail revenue’s percentage could increase in parts of Asia-Pacific, Africa, Latin America and in the Caribbean I think in North America it will probably increase some as they’re getting into more sophisticated and diverse offerings at more airports.” RETAIL IS KING IN THE MIDDLE EAST However, Gittens points out that revenue from retail concessions represents a significantly different share of total non-aero revenue in different regions: “So in terms of percentage, yeah, it may go up a couple of percentage points; it may even reach as much as a third of the total global non-aeronautical income globally “But as I said, there’s major markets like Europe that have been in this for quite some time and I don’t know how much more percentage growth is going to be there I mean there’ll be percentage growth, but I don’t know how much more market share of the total there’ll be.” According to the first table (above) in this article retail concessions are most dominant in the Middle East region, where their revenue represents 53% of total airport non-aero revenue income Exclusive: ACI's Gittens shares non-aero data Asia Pacific comes in second with 44%; Latin American-Caribbean (34.2%); Europe in fourth (32.1%); Africa in fifth (31.3%) and finally North America with 9.2% RETAIL 28% OF NON-AERONAUTICAL REVENUE U SI N ES S Gittens also revealed to TRBusiness last week that in 2014 retail concessions made up 28% of total nonaeronautical revenue and food & beverage just 6% [See graph below] B “With a sample of over 800 commercial airports, in-depth analyses of air transport demand, airport revenues and costs continue to be the bedrock of the report,” says ACI of its World Economics Report TR “The main drivers of aeronautical and commercial revenues, and sources of airport costs, are analyzed over time and across various dimensions The link between airport size and financial performance is also examined within this context.” ES S Exclusive: ACI's Gittens shares non-aero data Food & beverage proved to be the fastest-growing non-aero sector in 2014, SI N followed by retail concessions The chief Key Performance Indicators (KPIs) publicly disclosed in an online preview of the 20th edition of the report, include the following: *Global industry revenue year-over-year growth (2014/2013) reached 8.2% U *Global industry revenue reached US$142.5bn B *Revenue per passenger year-over-year growth (2014/2013) of 2% registered TR *Distribution of global revenues: aeronautical (55.5%), non-aeronautical (40.4%) and non-operating (4.1%) *Global airport revenue per passenger: US$21.22 *Global aeronautical revenue per passenger: US$11.78 *Global non-aeronautical revenue per passenger: US$8.58 *Total cost per passenger: US$16.82 *Distribution of non-aeronautical revenue by key source: retail concessions (28%), car parking (22%) and property and real estate income or rent (15%) TR B U SI N ES S Exclusive: ACI's Gittens shares non-aero data Read the full interview with ACI World’s Director General, Angela Gittens in the next issue of TRBusiness ... aeronautical (55.5%), non- aeronautical (40.4%) and non- operating (4.1%) *Global airport revenue per passenger: US$21.22 *Global aeronautical revenue per passenger: US$11.78 *Global non- aeronautical... examined within this context.” ES S Exclusive: ACI's Gittens shares non- aero data Food & beverage proved to be the fastest-growing non- aero sector in 2014, SI N followed by retail concessions The... shares non- aero data Asia Pacific comes in second with 44%; Latin American-Caribbean (34.2%); Europe in fourth (32.1%); Africa in fifth (31.3%) and finally North America with 9.2% RETAIL 28% OF NON- AERONAUTICAL