Airport Operations in New Zealand - Industry Market Research Report
Description
Airport Operations in New Zealand
In recent years, the Airport Operations industry's performance has varied significantly due to the pandemic-induced downturn and subsequent rebound. Before the pandemic, climbing air travel volumes boosted industry demand. In particular, continued growth in international travel to and from New Zealand increased passenger volumes. Cheaper airfares and ongoing efforts by Tourism New Zealand to market the country as a tourist destination supported aircraft movements and passenger numbers at New Zealand's major airports. The industry's three largest airports, Auckland Airport, Christchurch International Airport and Wellington International Airport, all benefited from this trend through higher per-passenger revenue and retail rents. Due to increased aircraft movements, Airways, the government-owned entity that controls air traffic in New Zealand's Flight Information Region, expanded to meet growing demand for monitoring and surveillance. However, due to the pandemic-induced downturn, industry-wide revenue has been falling at an annualised 2.4% over the past five years and is expected to total $1.9 billion in 2023-24, when revenue will jump by an estimated 15.5%.
Industry players operate domestic, international and civil airports. Firms operate and maintain airport terminals and runways, and provide air traffic management and baggage handling services. Industry players also rent out surrounding airport facilities to retail businesses.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
In recent years, the Airport Operations industry's performance has varied significantly due to the pandemic-induced downturn and subsequent rebound. Before the pandemic, climbing air travel volumes boosted industry demand. In particular, continued growth in international travel to and from New Zealand increased passenger volumes. Cheaper airfares and ongoing efforts by Tourism New Zealand to market the country as a tourist destination supported aircraft movements and passenger numbers at New Zealand's major airports. The industry's three largest airports, Auckland Airport, Christchurch International Airport and Wellington International Airport, all benefited from this trend through higher per-passenger revenue and retail rents. Due to increased aircraft movements, Airways, the government-owned entity that controls air traffic in New Zealand's Flight Information Region, expanded to meet growing demand for monitoring and surveillance. However, due to the pandemic-induced downturn, industry-wide revenue has been falling at an annualised 2.4% over the past five years and is expected to total $1.9 billion in 2023-24, when revenue will jump by an estimated 15.5%.
Industry players operate domestic, international and civil airports. Firms operate and maintain airport terminals and runways, and provide air traffic management and baggage handling services. Industry players also rent out surrounding airport facilities to retail businesses.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
42 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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