What are the major sources of revenue for airports?
The major sources of revenue for airports can vary depending on the type of airport, its location, and its size. However, some common sources of revenue include aeronautical revenue, non-aeronautical revenue, concession fees, landing fees, and passenger facility charges. Aeronautical revenue primarily comes from landing fees charged to airlines for using airport facilities, as well as aircraft parking fees and terminal space rentals. Non-aeronautical revenue refers to income generated from sources other than airlines, such as retail and dining concessions, car rentals, parking fees, advertising, and property rentals. Concession fees are also an important source of revenue, where companies pay a fee to operate businesses within the airport, such as retail shops or restaurants. Passenger facility charges, collected from passengers, can be used to fund airport improvements and expansions. Overall, airports employ a combination of aeronautical and non-aeronautical revenue streams to sustain their operations and invest in infrastructure development.
This mind map was published on 19 August 2023 and has been viewed 95 times.