Many major airports not delaying capex despite COVID-19

Premium Analysis

Capital expenditure is usually the first casualty of any downtown. In the current climate it might be expected that infrastructure plans might be revised or even cancelled altogether.

In some cases that is happening, but so far in the world’s top 50 airports by passenger numbers most of them are non-committal about such action, or at least they are not talking about it.

Just as there has been for security and environmental expenditure in the past, there will undoubtedly be a requirement for ‘health-related’ expenditure within terminals, and large-scale long term projects may have to be delayed, or even axed altogether, to pay for it. As yet no one knows what the typical cost of such expenditure might be, but if active passenger/employee space is to be halved in an airport it could amount to a lot.

Meanwhile, some operators are, conversely, pro-actively planning for the future. What is known for sure is that the actual degree of known capital expenditure at these top airports is considerable.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 2,920 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.