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...

For further information on this analysis, Employing Airport Commercial Situational Awareness to Create Growth, please visit: http://frost.ly/5gl

"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 Jonathan Norman, 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:

Employing Airport Commercial Situational Awareness to Create Growth is part of Frost & Sullivan's Global Aerospace & Defense Growth Partnership Service program.

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Employing Airport Commercial Situational Awareness to Create Growth

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