TAV announces in the USA new business models for airports
TAV Airports President & CEO Sani Şener spoke at the Routes conference, which was held in Chicago and attended by the world aviation authorities. The visitors were informed about TAV Group at the exhibition organized simultaneously with the conference.
TAV Airports Holding, the leading global brand of Turkey in airport operations, participated in the 20th World Route Development Forum with Aéroports de Paris (ADP) with which it has established the largest airport operation platform throughout the world. 38 airports in total, including the airports operated by ADP and 14 airports operated by TAV Airports in seven countries, are also represented at the exhibition in Chicago, the USA. TAV Airports President & CEO Sani Şener also attended the forum as a speaker at the first day of the panel titled "Airports under Pressure".
TAV Airports President & CEO Sani Şener expressed that the airports must find a way to finance themselves in the future as traditional business models due to the increasing pressure on the airport operations. Stating that "public-private sector collaboration" model is advantageous for the governments and investors who have financial problems when large airports are considered, Şener, highlighted that government support and guarantee is needed for small airports.
Şener also said, "Commercial income and air traffic are significant elements of airport financing. The airlines aim to reflect the operation costs to the airports as the competition amongst them increase. In addition to that, the infrastructure of the airports must be expanded because of the increasing air traffic. All these competitive demands can be balanced only if the non-aviation revenues, which reach to 70 percent of the total revenue, are increased. Non-aviation revenues as food & beverage and retail sector must be taken into consideration when the airports are planned.”
Stating that aviation revenues of airports will continue to reduce, Şener underlined only the airports having air traffic that can support their operations and successful trade operations will survive.
Besides Şener, who was a speaker at the panel, the forum was also attended by Aeroports de Paris CEO Augustin de Romanet, ACI World General Director Angela Gittens, Allegiant Travel Company Senior Vice President Responsible from Planning Jude Bricker and Sao Paulo - Guarulhos Airport CEO Antonio Miguel Marques and was moderated by Chicago Aviation Department Director Rosemarie Andolino.
World Route Development Forum, which was opened its doors to the visitors in Las Vegas last year, hosts approximately 3000 delegates representing 300 airlines, 800 airports, and 200 international tourism authorities in Chicago, the USA, this year.