32
6 th Airport Chief Executives’ Symposium Growing sustainably: A new strategy for airports and destinations Athens, Greece Angela Gittens, Director General, ACI World

6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

  • Upload
    others

  • View
    1

  • Download
    0

Embed Size (px)

Citation preview

Page 1: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

6th Airport Chief Executives’ Symposium

Growing sustainably: A new strategy for airports and destinations

Athens, Greece

Angela Gittens, Director General, ACI World

Page 2: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Greek airports

2

Page 3: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Upholding the UN Sustainable Development Goals

3

Page 4: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Benefits of Aviation in Europe

4Source: Aviation benefits beyond the border Report, 2018

Page 5: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Global benefits of Aviation: Supporting

wider economic development

Source: Aviation benefits beyond the border Report, 20185

Page 6: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

2017 - Resilience in the face

of ongoing tensions

6

Page 7: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Total worldwide movements, passengers and

air cargo evolution (2000–2017)

7Source: 2018 World Annual Traffic Report

Page 8: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Global passenger traffic (2007–2017)

8Source: 2018 World Annual Traffic Report

Page 9: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Growth in passenger traffic by region (2017/2016)

9Source: 2018 World Annual Traffic Report

Page 10: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Global air cargo volumes (2007-2017)

10Source: 2018 World Annual Traffic Report

Page 11: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Air cargo traffic growth rates by region

11Source: 2018 World Annual Traffic Report

Page 12: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

12

Distribution of global airport revenues

Source: 2018 ACI Airports Economics Report

Page 13: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

13

Evolution of Return On Invested Capital (ROIC) (2011–2016)

5,9%6,1%

6,3% 6,3% 6,4%

7.3%

2011 2012 2013 2014 2015 2016

Source: 2018 ACI Airports Economics Report

Page 14: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

14

ROIC by airport size category (2016)

-2,1%

5,0%

8,9%

7,2%

7,8%

8,6%

<1m 1–5m 5–15m 15–25m 25–40m >40m

<1m 1–5m 5–15m 15–25m 25–40m >40m

Source: 2018 ACI Airports Economics Report

Page 15: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

15Source: 2018 ACI Airports Economics Report

• 66% of the airports in

the world operate at a

net loss

• 92% of the loss-making

airports handle fewer

than one million

passengers per year

Airport losses

5-15m

0.9%1-5m

6.3%

15-25m

0.2% 25-40m

0.2%

<1m

92%

>40m

0.2%

Distribution of airports with a net loss by airport size (millions of passengers, 2016)

Page 16: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

16

Airport networks

Page 17: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

17

Airport infrastructure investment by region, 2016

Page 18: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

A glimpse into the future

18

Page 19: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Total passenger traffic forecast (2006-2040)

8,3

17,0

20,9

0

5

10

15

20

25

Passen

gers

(b

illio

ns)

Total passengers

Passenger traffic will

double within 17 years

Page 20: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

20

Aviation market shares 2017-2040

Page 21: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

21

International Vs. domestic passenger traffic

(2017-2040)

Page 22: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

22

Growth rate 2017-2040

Page 23: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Meeting demand?

0

20

40

60

80

100

120

140

160

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

2036

2037

2038

2039

2040

Pa

ss

en

ge

rs (

mil

lio

ns

)

Domestic passengers International passengers

137.6

80.6

58.1

37.0

Passenger traffic in Greece will double

within 17 years

Page 24: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Infrastructure financing

and development

24

Page 25: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

25

Creating fertile grounds for investment in airports

Key FindingsPolicy

RecommendationsTrends in airport

privatization

Privatization process

Government options

Incentivizing the private sector to invest in airports

Case studies

Page 26: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Environmental Stewardship

Tools and Support

Page 27: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

27

Working at global level for environmental stewardship

Page 28: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

28

Adaptation to climate change

Page 29: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

29

Government and Industry collaboration

Page 30: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

30

The way forward

Page 31: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

31

Conclusion

Page 32: 6th Airport Chief Executives’ Symposium Growing …...Source: 2018 ACI Airports Economics Report 15 • 66% of the airports in the world operate at a net loss • 92% of the loss-making

Conclusion