Viability of small and emerging airports remains crucial to social and economic development.
MONTREAL – Airports Council International (ACI) World announced the streamlining of its resources for small and emerging airports to foster their continued growth and sustainable development.
The streamlining of resources, which includes certain programs and services at a lower rate, follows the ACI World Resolution “Support and assistance for small, emerging and regional airports,” approved at the 32nd World Annual General Assembly. The resolution recognizes the positive externalities and financial challenges of small and emerging airports. Furthermore, it calls on governments and industry to support their capital and human resource development plans and facilitate their transition to renewable energy.
The importance of small and emerging airports
According to the 2021 ACI Airport Economics Report, it is estimated that as much as 90% of the world’s airports are categorized as small (serving 5 million passengers or less per annum). Additionally, it is estimated that 68% of airports globally operate at a net loss and that 97% of those loss-making airports handle fewer than one million passengers per annum.
Despite these challenges, the viability of small and emerging airports remains crucial to the development of local and global connectivity, cohesion and territorial equality, social and economic development, as well as the potential for growth of their individual regions—in turn, supporting many of the United Nations Sustainable Development Goals. In addition, they are intrinsically linked to the growth of the tourism sector. According to the World Travel & Tourism Council, travel and tourism contributed 10.3% to global GDP in 2019.
ACI World Director General Luis Felipe de Oliveira said: “In many communities, small and emerging airports play a crucial role in the lives of millions of people—as employers, facilitators of tourism and trade, and even as key lifelines that support critical services. They also play an important role in feeding traffic into larger hub airports for onward journeys to other major national and international destinations. And as the largest segment of the ACI membership, ACI World is fully committed to ensuring that their needs and expectations are met, both on the global stage and in the development of tools that promote their excellence and sustainable growth.”
The resources also include the long-standing ACI Fund that continues to provide financial support for airports in developing nations for career development and capacity building. In addition to seminars and scholarships, the ACI Fund offers targeted assistance for ACI World safety and security reviews as well as accreditation programs.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.