Frost & Sullivan Analyzes Airport Commercial Operations across the World

For further information on this analysis, Employing Airport Commercial Situational Awareness to Create Growth, please visit: http://frost.ly/5gl For further information on this analysis, Employing Airport Commercial Situational Awareness to Create Growth, please visit:http://frost.ly/5gl " Asia-Pacifichas the highest percentage of airports in the top 500 airports by passenger traffic share, accounting for 36.9%.Europeis second, closely followed byNorth America," said Jonathan...

SANTA CLARA, Calif., 07/04/2021 (informazione.news - comunicati stampa - trasporti)

" Asia-Pacific has the highest percentage of airports in the top 500 airports by passenger traffic share, accounting for 36.9%. Europe is second, closely followed by North America ," said Aerospace & Defense Research Analyst at Frost & Sullivan. "Tier-1 airports (over 20 million passengers annually) account for 68.4% of the top 500 airports worldwide in terms of passenger traffic share. In Latin America , the seven airports in this segment are dispersed across the geography and serve a relatively low number of airlines compared to other regional Tier-1 airports. Thus, they have altered their strategies to serve only high-yield routes, which are mostly international, and have severe problems implementing reliable COVID-19 protocols."

Norman added: "Among the 27 tier-2 airports (10 million-20 million passengers annually) in Asia-Pacific , China is heavily represented in the top ten, with seven Tier-2 airports located in the country. Several airports in the region are focusing on new business models such as cargo operations and enhanced low-cost airlines options. The 17 tier-3 airports (5 million-10 million passengers annually)in North America are regionally diverse, from Edmonton to Palm Beach , serving smaller but still significant centers of business and popular vacation spots. They have focused on vacation destinations in a bid to survive the pandemic."

Airports can focus on the following growth strategies to leverage their market position:

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