November 2023- Egypt has lately unveiled plans for engaging in the private sector in airport management. This new announcement signifies a remarkable shift in the approach of the Egyptian government that signalled an open invitation for the private participation to reshape the transportation infrastructure of the country. Egypt with its considered geographic position, vigorous aviation network, & progressive initiatives are poised for a moving transformation in their transport sector through this pioneering move towards the private sector engagement.
July 2023- Noida International Airport, India has chosen the airport management system of SITA to aid in automating and streamlining the airport’s operations. The agreement comprises the operation and provision of systems for allocating counters and gates, managing traffic flows on airfield and display information to the passengers, and boarding bridges. SITA will assist the Noida International Airport with planning capabilities and reliable flight information. This system will help in empowering the airport in reviewing performances, strategize the operational efficiency improvement, and capture the resource utilization statistics.
April 2023- Airport Authority of India, a state-owned airport operator is all set to provide airport management solutions to ring fence their future profits. As the government intends in leasing the leading 25 AAI-owned airports for private businesses, diversification indeed has become crucial. The management of airport operations that comprise terminal, airside, and other services such as food & beverage outlets, parking, is added in the management services offered by the airport. The AAI will provide air traffic management and airport navigation services too. Top government officials had claimed that now it is crucial for revenue diversification & keeping a constant labour force with expertise in airport management.
Key Companies Airport Management Industry
Airport Management Market Highlights:
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