Continued Airport Recovery – a look ahead to 2024 and beyond

There are plenty of reasons to be optimistic as the aviation industry moves towards the end of 2023, not least that it is expected to finally reach a profit this year for the first time since the pandemic.

ACI World Airport Traffic Forecasts 2022-2041:

  • Due to the COVID-19 pandemic, global passenger traffic dropped from 9.2 billion in 2019 to 3.6 billion in 2020, and then recovered to 4.6 billion in 2021, and 6.5 billion in 2022. Over the next five years, traffic is expected to recover from 4.6 billion to 11.0 billion. (See chart below) This equates to a Compound Annual Growth Rate (CAGR) of 19.0% over the 2021–2026 period.
  • It is predicted that in 2024 global airport passenger traffic will return to the volume observed in 2019. Passenger traffic worldwide is expected to reach 19.3 billion in 2041 and 23.9 billion in 2050.

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Aviation Industry Recovery White Paper

Now that the aviation industry is thankfully well on the road to recovery following the massive disruption of the pandemic we are glad to be in the position of taking a look forward at future challenges rather than back, and anticipating what lies ahead this summer.

So what does this long awaited recovery mean for your operation and what are the challenges you may face this summer?

Download the latest AiQ Aviation Industry Recovery White Paper now.

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Aviation Industry Recovery – Part 3 of 3

In part 1 in this series the focus was on the forecasts that various industry bodies have made of a complete and sustainable recovery from the disruption of the pandemic and a growth in air passenger demand in 2023.

In part 2 and in this part 3, the final part of our series, we cover some of the industry challenges your operation may face this summer and what this long awaited recovery means for your operation.

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Aviation Industry Recovery – part 2 of 3

In part 1 in this series on the aviation industry’s recovery from the disruption of the pandemic we focused on the forecasts that various industry bodies have made of a complete and sustainable recovery and a growth in air passenger demand in 2023.

Thankfully it’s looking like there’s plenty of reasons to be optimistic as the aviation industry moves through the year, not least that it’s expected to finally reach a profit in 2023 for the first time since the pandemic.

In part 2 of our series we cover what this long awaited recovery means for your operation and some of the challenges you may face this summer.

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Aviation Industry Recovery – part 1 of 3

Now that the aviation industry is thankfully well on the road to recovery following the massive disruption of the pandemic we are glad to be in the position of taking a look forward at future challenges rather than back, and anticipating what lies ahead this summer.

It has been encouraging to see various industry bodies making forecasts of a complete and sustainable recovery and a growth in air passenger demand in 2023.

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What impact have the B787 and A350 aircraft had on regional airports?

The impact of the B787 and A350 aircraft on regional airports

As regional airports continue to face challenges related to their growth and success, what impact have new aircraft had on their operating model?

There is a massive increasing demand for regional airports from passengers. The convenience of having an airport closer to home, as well as the attractive pricing of low budget airlines and the expansion of routes, have allowed regional airports to increase their market share worldwide. But what’s next for regional airports, and how has the new aircraft being introduced affected them?

New, efficient, long range Aircraft Read More »

Soaring through 2017 –AiQ’s Year in Review

AiQ Team

It’s been another successful year for AiQ as we focused on issues critical to airports and airlines, cementing our reputation as a trusted partner in airport consultancy to worldwide operators, suppliers and stakeholders.

As we review the year we’ll look at our own team highlights, as well as our case studies, news and projects.

The Holistic Airport

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The Fast-Growing Indian Aviation Industry – What Next for India?

There have been many positive developments in the India’s fast-moving civil aviation sector. The National Civil Aviation Policy (NCAP) has finally been put into place and India has emerged as the fastest growing aviation market in the world. Currently ranked ninth, India is predicted to rise to third largest within two to three years.

Passenger traffic has increased by 17.6 percent in 2015-16 and growth is being maintained in 2016-17, with traffic growing at 19.1 percent during the period April to November. According to AAI (Airports Authority of India), over the next two years, traffic is projected to grow at 14 percent per annum to reach 290 million by 2017-18.

This staggering growth has had a number impact on the numbers connected with the aviation industry in India:

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Introducing New Ways of Thinking for Hold Baggage Screening

hbs-image-blog

Airports are under increasing pressure to provide more efficient Hold Baggage Screening (HBS). Whilst the space and capacity available to airports remains fixed, the needs of passengers and airlines are growing as the number of passengers travelling through airports rises year on year.

AiQ Consulting have been able to work with several leading airport operators and contractors in order to improve Hold Baggage Screening at some of the world’s busiest airports. Our experienced team, along with our bespoke modeling tools and stakeholder management skills, has seen us recognised as an worldwide authority in baggage systems.

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