International Airport Review
With continued economic headwinds and global passenger traffic expecting a loss of 27% in 2022 as compared to 2019, a balance must be struck in order to restore the economic equilibrium of airports.
Airports Council International (ACI) World has called on regulators to support the economic sustainability of airports as social and economic engines of communities worldwide and for the benefit of the travelling public.
The call to action supports the recent ACI World Resolution Restoring Economic Equilibrium that urges governments to acknowledge the changed risk profile of airports in some jurisdictions due to the pandemic and to provide regulatory support to restore economic equilibrium for unrecovered costs, either as financial compensation or through future airport charges.
It also follows the recent outcomes of the Economic Commission of the International Civil Aviation Organization (ICAO) that recognised the need for the ongoing review of ICAO’s Policies on Charges for Airports and Air Navigation Services (Doc 9082).