Source: ACI World Airports Council International (ACI) World and the World Economic Forum today launch the Airports of Tomorrow initiative aimed at accelerating the decarbonization of the aviation industry. The announcement was made to over 800 aviation delegates at the ACI EUROPE / ACI WORLD Annual General Assembly, Conference, and Exhibition – the most important global gathering of airports – in Barcelona, Spain. Airports of Tomorrow will bring public and private stakeholders together to drive unprecedented collaboration and change in the sector, maximizing the potential for airports to be vehicles for economic growth and environmental stewardship. The initiative is built on four pillars – Infrastructure, Sustainable Aviation Fuel (SAF), Finance, and Innovation – that will each see the exchange of [...]

Source: ACI Europe SAF production in Europe MUST ramp up – requiring more direct regulatory and financial support to bridge the price gap with conventional fuels Fit for 55 needed but regional connectivity and cohesion vulnerable – corrective measures required or risk climate action backlash Airport access to green energy a prerequisite for aviation decarbonisation – with no airport left behind Regulatory focus should shift from squeezing airport revenue - and look at airfares rising sixfold over consumer inflation rate ACI EUROPE President Javier Marín today delivered an unflinching analysis of the current policy and regulatory challenges faced by European airports as they build a resilient and sustainable industry for the future. Interviewed at the association's 33rd Annual Congress and General [...]

Source: ACI Europe After more than €50 billion in foregone revenues and over €20 billion in accumulated losses since 2019, Europe’s airports were back in the black last year – posting a net profit of €6.4 billion. This opening salvo from ACI EUROPE’s Director General, Olivier Jankovec, in his annual State of the Industry address today opened the 33rd Annual Congress and General Assembly in Barcelona with a much-needed message of positivity. This performance was achieved in a context where passenger volumes still remained 21% below pre-pandemic (2019) levels. It was primarily driven by airports delivering cost efficiencies despite unprecedented inflationary pressures and significantly slashing investments - with capital expenditure decreasing by -€5.5 billion. Another key contributing factor was airports [...]

Source: ACI Europe and ACI World Leaders of the global airport industry are gathering in Barcelona today as Airports Council International's ACI World and ACI EUROPE join forces to combine their Annual Congress and General Assemblies – and create the most significant event of the industry calendar. The ACI EUROPE / ACI WORLD "WAGA" event, which runs from 26–28 June, is hosted by Spanish airport operator Aena, one of the world's leading operators managing 46 airports and 2 heliports in Spain as well as other airports in the UK, Brazil and Mexico. As C-suite executives, policymakers, regulators, business partners, analysts, and innovators touch down in the Catalonian city tonight, the stage is set for the freshest data and analysis as [...]

Source: IATA The International Air Transport Association (IATA) will launch the IATA World Sustainability Symposium (WSS) in Madrid, Spain on 3-4 October. With governments now aligned with the industry's commitment to decarbonize aviation by 2050, this symposium will facilitate critical discussions, in seven key areas: The overall strategy to achieve net zero emissions by 2050, including Sustainable Aviation Fuels (SAF) The crucial role of government and policy support Effective implementation of sustainability measures Financing the energy transition Measuring, tracking and reporting emissions Addressing non-CO2 emissions The significance of value chains "In 2021 airlines committed to net zero emissions by 2050. Last year governments made the same commitment through the International Civil Aviation Organization. Now the WSS will bring together the [...]