Atlanta runs world's most fiscally efficient airport
Vancouver, August 11(ANI): A new research has shown that Atlanta's Hartsfield -Jackson International Airport (ATL) is the most fiscally- efficient among airports serving over 15 million passengers annually.
According to the University of British Columbia's Sauder School of Business aviation think-tank, ATL generated 60 per cent of its total revenue from non-aviation activities, as compared to the lowest-ranked North American airport Chicago's O'Hare International Airport (ORD), which derived only 34 per cent of its income from alternative sources.
An aviation think-tank, Air Transport Research Society (ATRS), has released the 2011 ATRS Global Airport Benchmarking Report, which compares the fiscal efficiency of 156 airports and 19 airport groups in North America, Europe, Latin America and the Asia-Pacific regions.
The report revealed that airports in Atlanta, Copenhagen, Oslo, Hong Kong and Sydney are the most efficient airports in their respective continents.
"Our report shows that the world's most efficient airports are supplementing core income with money generated through non-aeronautical revenue streams, such as parking, office rentals, retail activity and real estate development," ATRS President Professor Oum said.
"Our benchmarking report also shows that more efficient airports tend to offer lower aircraft landing fees and passenger terminal charges, ultimately leaving more money in the pockets of travellers," he added.
ATRS Global Airport Benchmarking Report ranks efficiency by using a ratio that divides the total number of aircraft movements, passenger and cargo volumes and non-aeronautical revenue generation by full-time equivalent labour costs and other operational expenses, including outsourced services.
The 2011 report findings are based on analysis of the 2009 data collected by the ATRS research team and guided by 14 leading academicians from Asia, Europe, North America and Australia. (ANI)
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