AAPA noted that carriers in Asia Pacific in aggregate serviced 27 million international passengers last month, up by +56.7% from the 17.3 million registered in February 2023.
Data Room
A strong performance from duty free and food & beverage contributed to robust growth in commercial turnover at Gatwick Airport last year, supported by a bounceback in passenger traffic.
Sales at shops and restaurants leapt by +41% year-on-year to €405 million, outperforming the +22% rise in passenger traffic at Malpensa and Linate airports.
Retail revenue posted an increase of +21.4% to €187 million in the year, with retail revenue per passenger reaching €3.30.
Airside spend per departing passenger slipped -2.2% compared to February 2023, reaching CHF22.50 (US$25.61).
The airline posted its full-year results for 2023, recording profits of US$394 million driven by a +40% increase year-on-year in passenger numbers.
The monthly figures were buoyed by the busiest half-term period ever plus the extra leap year day on 29 February.
Overnight visitor numbers rising steadily but their spending levels plummeting. That’s the distinctly mixed message for retailers arising from two new Hong Kong Tourism Board (HKTB) reports related to tourism arrivals and spending habits.
We present highlights, as the Avolta leader shares fascinating insights into his company’s recent performance, growth forecasts and future strategy in a fascinating live webcast.
“2023 was a very successful year for Avolta. The company completed a transformational business combination redefining the global travel retail and food & beverage industry,” says an upbeat CEO Xavier Rossinyol.
European airport traffic in January increased year-on-year by +7%, reaching 97% of the figures recorded in pre-pandemic 2019.
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