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Europe's AirportsPublished by: Mintel International Group Ltd. Published: Feb. 1, 2006 - 63 Pages Table of Contents
AbstractSmall European airports (serving less than 5 million passengers per annum) are experiencing the fastest growth rates, due to free capacity, easy accessibility and lower fees. In spite of a projected 60% increase in European airport capacity over the next 20 years, the capacity problems at the large hubs are set to worsen as European air traffic is projected to increase by a factor of 2.5 times from current levels by 2025. However, the introduction of larger aircraft, such as the Airbus 380, the shift of short-haul air travel to rail and the growth of low-cost carriers, which favour secondary airports, will relieve some of the pressure on major hubs.Most European airports are owned and managed by limited companies, with revenues currently split - about 60:40 on average - between aeronautical and non-aeronautical (retailing, property etc) revenues. Airport fees are becoming a contentious issue in Europe, due to the disappearance of public subsidies, and the rise of low-cost airlines, for whom airport fees represent a higher percentage of total costs than for traditional carriers. Get Full Details About This Report >> |
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