Airport update

Airport Update – August 2020

Capital investments and airport infrastructure improvements provide vital context for the development of the Travel Retail industry. Airports have come to depend on non-aeronautical revenues and in many cases, terminal expansions include square footage attributed to retail and F&B concessions.

Some construction projects in the US are accelerated during the COVID-19 travel and tourism slow down to advance timelines and to save costs. The downturn in air travel is providing a window of low traffic scenarios that substantially benefit complex projects. The benefits are many, including savings attributed to running projects simultaneously as opposed to sequentially, lowering of risk and lowering of operating cost. In addition, the availability of labour from private sector parties has further contributed to the rationale for advancing construction in several locations.

Here is a sketch of the various updates that we have come across: https://issuu.com/ramon-airportxnews/docs/2007axn/s/10835532

August 2020 Airport Update

For previously published information on these and airports such as Montreal, Los Angeles, Newark, Seattle, and Chicago O’Hare please click here: https://www.sparkgroupinc.com/airport-update-june-2020/

TORONTO, VANCOUVER & MONTREAL AIRPORTS:
We are predicting that the travel retail recovery will be led by Canadian airports, therefore a more in-depth look at PAX trends is included here.

MONTREAL – YUL STATS AND FACTS:
The number of enplaned and deplaned international passengers at Montreal Airport for the period of Jan – May 2020 is at 57.8% compared to 2019 counts for the same period or at – 42.2%. The count for transborder passengers for the same period is at 50.2% against the same period in 2019 or at -49.8%. https://www.admtl.com/sites/default/files/2020/ADM_Statsdet_2020_EN.pdf

TORONTO – YYZ STATS AND FACTS:
The Jan – May traffic summary for Toronto Pearson shows a -49.3% change for international passengers against the same period in 2019 and a -53.2% change for transborder volume. https://tpprodcdnep.azureedge.net/-/media/project/pearson/content/corporate/partnering/pdfs/traffic-summary.pdf?modified=20200723150038&la=en

VANCOUVER – YVR STATS AND FACTS:
The Jan – June total for enplaned and deplaned international passengers at YVR is at 40.5% against the same period in 2019 or -59.5%. For transborder passengers, the y/y trend is at 38% or -62%. YVR stats and facts Aug 26

It is encouraging to note that government support for airports is continuing. While much more supports will be required for airlines, cruise lines and associated businesses, these projects demonstrate a government commitment to see travel and tourism recover. While the recovery planning continues with much uncertainty, the prospect of airport expansions is a credible signal amid the crisis.

It is our commitment to stand with all our peers in this industry and to grab on to every ounce of positivity and apply our skills as best as we can to not only defend our workplace, but also the values that make this world a village. Please update us on anecdotal information on any Canada / US airport so we can include this in future updates. We are in this together.

Adapting The Front Line Team for the Retail Revolution

September 14th, 2020|Featured, From Here to Where, Heidi Van Roon, TRUnblocked|

The roles of all customer-facing staff have become more important than ever. Market shifts that once spanned a decade have happened in six short months. The retail industry, and particularly luxury travel retail is undergoing an unprecedented revolution and we are at the very beginning of it. It is a time for retailers and brands to adapt to every customer-facing function. With retailers restructuring, the onus will be on brands to ensure a people-positive experience for their customers.

Future Airports: From Here to Where?

September 4th, 2020|Event, From Here to Where|

Portland Design, together with the influential travel retail blog trunblocked.com are launching a webinar series – Future Airports: From Here to Where? – to be staged on the 16th September 2020. This event will bring together a remarkable line-up of speakers and panellists

  • Airport update

Airport Update – August 2020

August 26th, 2020|Airport Update|

Airport Update – August 2020 Capital investments and airport infrastructure improvements provide vital context for the development of the Travel Retail industry. Airports have come to depend on non-aeronautical revenues and in many cases, terminal expansions include square footage

Recent Posts

Adapting The Front Line Team for the Retail Revolution

September 14th, 2020|

The roles of all customer-facing staff have become more important than ever. Market shifts that once spanned a decade have happened in six short months. The retail industry, and particularly luxury travel retail is undergoing an unprecedented revolution and we are at the very beginning of it. It is a time for retailers and brands to adapt to every customer-facing function. With retailers restructuring, the onus will be on brands to ensure a people-positive experience for their customers.

Future Airports: From Here to Where?

September 4th, 2020|

Portland Design, together with the influential travel retail blog trunblocked.com are launching a webinar series – Future Airports: From Here to Where? – to be staged on the 16th September 2020. This event will bring together a remarkable

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  • Airport update

Airport Update – August 2020

August 26th, 2020|

Airport Update – August 2020 Capital investments and airport infrastructure improvements provide vital context for the development of the Travel Retail industry. Airports have come to depend on non-aeronautical revenues and in many cases,

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