Skift Take
The pandemic has taken a toll on airports. If airports are to thrive, they need to get creative — and fast — to increase revenue streams.
Despite receiving relief from Congress, commercial airports across the country are hurting 13 months after Covid-19 impacted airlines and the travel industry. Terminals that were once buzzing with travelers are now echo chambers, and while it's a breeze for passengers to get through, it's a tremendous loss in revenue for airports.
Airports Council International-North America (ACI-NA), the trade group representing commercial airports in the United States and Canada, is projecting airports across North America will lose $40 billion for the two-year period between March 2020 and March 2022.
"These mounting losses, coupled with increased operational costs, will impede airports from investing in much-needed infrastructure projects, at a time when they continue to foot the bill for extensive facility upgrades and enhanced health and safety practices to limit the spread of Covid," ACI-NA President Kevin M. Burke said.
So how are airports managing? Skift reached out to airports across the U.S. to see what each is doing to generate revenue. Here's a look at how four airports are creatively increasing their earnings during the pandemic.
Leasing Rules
Cincinnati/Northern Kentucky airport has been leaning into new technologies and innovative approaches to improve the experience for travelers, create efficiencies for
