• Title/Summary/Keyword: Non-aeronautical Revenue

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A study on the Effect of Airport Privatization and Airport Revenue (공항민영화의 효과와 공항수익에 관한 연구;세계 주요공항의 운영 유형 변화를 중심으로)

  • Lee, Kang-Seok
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.6 no.1
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    • pp.125-145
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    • 1998
  • The term "Privatization" has a different meaning in different contexts and cultures. In this paper, the term "Privatization" in the context of airports is defined as the movement of an entity from the government sector to the private sector. This is the definition that is commonly employed in the U.S. Airport revenue can he divided into two sub-categories of aeronautical revenue and non-aeronautical revenue. At many of the major international airports, however, non-aeronautical revenue has been growing faster than the aeronautical revenue, contributing an increasingly larger share of the total revenue. And the best way to enhance simultaneously the airport operations. With the remarkable growth in the air traffic volume of pssengers and cargo. more and more mega-international airports have been built or are under construction. As the air transport demand is expected to increase at an even greater rate in the 21st century, new types of airports which will be free of current major problems. such as airport congestion and flight delays are badly needed.

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Effects of Non-aeronautical Revenue on Airport Charges: Moderation of Private Ownership (비항공수익이 공항사용료에 미치는 영향: 민간지분의 조절효과를 중심으로)

  • Shin, Taejin;Roh, Taewoo
    • Journal of Digital Convergence
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    • v.17 no.9
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    • pp.39-46
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    • 2019
  • This study started with the question of whether the percentage of non-aeronautical revenues at Incheon airport was extremely high when compared with other international airports. Although aeronautical revenues for the airport based on the traditional business model have the limits to grow due to various regulations, stakeholders concerned about improving the competitiveness recently have been interested in increasing non-aeronautical revenues. This study deals with the effect of non-aeronautical revenues at international airports on airport charges as the extent of airport privatization get stronger. To examine hypotheses, we collected international data from trustful sources. Finally, we conducted an empirical analysis of 178 airports worldwide. As a result, the higher the percentage of non-aeronautical revenues at international airports, the lower the airport charges were. Besides, the private equity ratio positively moderated the relationship between the percentage of non-aeronautical revenues and airport charges. Privatization of airports may offset the effects of reduced airport charges through increased commercial activity. Graphical display for moderation effect is offered to facilitate comprehension.

Analysis of Departing Passengers' Dwell Time using Clustering Techniques (클러스터링 기법을 활용한 출발 여객 체류 시간 분석)

  • An, Deok-bae;Kim, Hui-yang;Baik, Ho-jong
    • Journal of Advanced Navigation Technology
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    • v.23 no.5
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    • pp.380-385
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    • 2019
  • This paper is concerned with departure passengers' dwell time analysis using real system data. Previous researches emphasize the importance of dwell time analysis from perspective of airport terminal planning and non-aeronautical revenue. However, short-term airport operation using passengers' dwell time is considered impossible due to absence of passengers' behavior data. Recently, in accordance with the wave of smart airport, world leading airports are systematically collecting passenger data. So there is high possibility of analyzing passengers' dwell time with the data stacked in the airport database. We conducted dwell time analysis using data from Incheon Int'l airport. In order to handle passenger data, we adapted clustering algorithm which is one of data mining techniques. As a clustering result, passengers are divided into 3 clusters. One is the cluster for passengers whose dwell time is relatively short and who tend to spend longer time in the airside. Another is the cluster for passengers who have near 3 hours dwell time. The other is the cluster for passengers whose total dwell time is extremely long.