Air transport sector has been undergoing profound changes over the recent decades. Globalisation, political instability, terrorism and economic turmoil have driven the sector towards a turmoil. On the other hand, the sector continues to show a robust growth.
The major visible trends are: different growth rates across market segments, diversification of ownership, strong downward pressure on fares and cargo tariffs, liberalization together with abandonment of ownership restrictions and privatization of airlines hitherto government-owned, falling yields, cost cutting with a strong emphasis on labour costs, or intensify usage of electronic communications.
Airports have been searching for alternative sources of revenues; and many have evolved towards truly multi-business, multi-activities areas (with retail centres, logistics areas, business centres, etc), embracing the concept of City Airport.
- To Identify the interrelations between the different stakeholders of the airports (landside): shareholders, employees, clients, suppliers and surrounding communities;
- To identify the value generated (tangible and intangible) within those interrelations allocated to the follow asset types: a) inside the airport: business relationships, structure, competence, financial; b) between airport and its hinterland: land use, socioeconomic development, infrastructures and governance;
- To identify opportunities to improve relationships and value generation with clients, suppliers and communities;
(1) new business models for airports - demand management; marketing strategies and financial investment options.
(2) flexibility, capacity expansion - product flexible capacity in investment model; discuss capacity decisions under uncertainty scenarios; focus on multi-objective metaheuristics to support decision making rational.
(3) hinterland effects - Value Network Analysis to understand connections between airports and hinterlands and mostly between airports and surrounding communities.
AIRDEV Project provide a better understanding:
- on the design of business models for airports;
- on the quantification of the hinterland benefits, with particular focus on the benefits generated from the evolution towards the concept of city airport