Industry Analysis & Industry Trends
The UK Airports industry consists of operators that administrate international, national, civil or military airports or public flying fields, as well as businesses that support airports by offering services such as air traffic control and ground service activities. The industry is largely dependent on the performance of UK airline industries as operators provide support activities to both passenger and freight operators. Airports have increasingly diversified their sources of revenue, expanding into other commercial markets, such as retail concessions, other property and car parking facilities... purchase to read more
Industry Report - Industry Investment Chapter
The Airports industry is considered to be highly capital intensive. In 2016-17, the average business in the industry is expected to operate with a capital-to-labour ratio of 1:1.26. This indicates that for every £1.00 the industry spends on wages, it will spend 79p on capital. In many industries, wage expenditure far exceeds capital expenditure. However, the Airport industry's investment in infrastructure, vehicles and property development reverses this trend, despite its large workforce.
With demand for travel growing at a rapid rate globally, the current capacity of airports is being stretched to the maximum. For that reason, capital expenditure is likely to continue to grow as airports look to expand runway and terminal capacity. How.. purchase to read more