8-Mar-2016 8:39 AM
ACI: Airport industry remains resilient in 2015, with greater reliance on passenger-related revenues
ACI reported (07-Mar-2016) the following financial highlights for the global airport industry in 2015:
- Revenue: USD142.5 billion, +8.2% year-on-year;
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- Aeronautical: Accounted for 55.5%;
- Non-aeronautical: 40.4%;
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- Retail concession: Account for 28%;
- Car parking: 22%;
- Property and real estate: 15%;
- Non-operating: 4.1%;
- Revenue per passenger: USD21.22;
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- Aeronautical: USD11.78;
- Non-aeronautical: USD8.58;
- Total cost per passenger: USD16.82;
- Labour cost share of operating costs: 36%;
- Debt-to-EBITDA ratio: 5.03;
- Net profit margin: 16%;
- Return on invested capital: 6.3%. [more - original PR]
ACI: "The challenge remains that most airports in the world are small, with high traffic volumes concentrated in only a handful of airports. Therefore, the airport industry faces a conundrum; although the airport industry as a whole appears to be profitable on the aggregate level, with returns on invested capital in the realm of 6.3%, the majority of airports are actually in the red on their financial statements," Angela Gittens, Director General. Source: Company statement, 07-Mar-2016.