ACI North America reported (12-Nov-2013) average passenger spend on news, gift and specialty retail at North American airports increased 6.8% year-on-year to USD3.31 in 2012, according to the findings of the 2013 Airport Concessions Benchmarking Survey. The survey also revealed passengers spent an average USD5.15, up 3.0% on food and beverage per enplanement. Duty free sales at North American airports reached around USD740 million while total revenue from terminal concessions (food, beverage, retail and services) reached USD1.5 billion in 2012. The survey incorporates data on concession revenue from 94 airports, reflecting 79% of passenger traffic in the US and 48% of traffic in Canada. [more - original PR]
ACI North America: Airport duty free sales reach USD740m in 2012
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The global commercial aircraft fleet grew by 4% in 2016 and the year ended with an order backlog of more than nine years of production. Among the regions, North America still has the biggest and oldest fleet, but the lowest ratio of orders to aircraft in service. By contrast, Middle East has the fewest in service, but the highest ratio of orders to current fleet numbers.
This report gives an overview of the number of commercial aircraft deliveries in 2016 and the outlook into 2017 and beyond. It also looks at numbers in service and on order by region. It is based on preliminary numbers from the CAPA Fleet Database and guidance on 2016 deliveries from Airbus and Boeing, who have yet to announce final numbers.
The data indicate that total worldwide deliveries fell in 2016, the first such decline for six years, as a result of delays to new aircraft programmes. Boeing delivered more aircraft than Airbus for the fifth straight year, but its deliveries fell short of its 2015 level, while Airbus increased its numbers year-on-year. Total deliveries will likely rise again in 2017, but this may prove to be a peak year.
Optimism, uncertainty and cost pressures offer an unpredictable mix for 2017
A sense of optimism prevailed among North American airlines as 2016 draws to a close. It is driven by the beginning of stabilised pricing in the US domestic market and an improved outlook for Western Canada after a marked drop in oil prices triggered a collapse in demand.
After two years of recession triggered plummeting demand to Latin America, the largest North American airlines serving the market started reporting positive revenue trends at the end of 2016; but the outlook for trans-Atlantic and trans-Pacific markets remains far more subdued.
Uncertainty over the UK Brexit vote, heightened competition and overcapacity were weakening airline performance in the trans-Atlantic and excess supply was also creating pressure in trans-Pacific markets.
And, as profitability and labour pressures provoke significant wage growth, the groundwork is being laid for another cycle of cost increases.