The Points Guy - Benét J. Wilson

The COVID-19 pandemic has cost North American airports $23.3 billion, significantly setting back previously forecasted stable growth prospects, according to Airports Council International – North America.

While aeronautical revenues are under pressure, the cost of operations remain unchanged since airports can’t close or relocate terminals during the outbreak. Plus, 90% of nonaeronautical revenue is passenger-dependent, based on ACI-NA research. As passenger activity level decreases, nonaeronautical revenue, including parking, also  decreased proportionally.

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