ACI World: Small airports still making losses

ACI World DG Angela Gittens reported (07-Mar-2016) that "certain realities" related to the economics of airports and economies of scale persisted in 2014. 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. Thus, developing the necessary strategy to enhance traffic growth is "fundamental in generating a positive economic return" according to Ms Gittens. [more - original PR]