Airport profits

Member for

14 years 4 months

Posts: 1,101

There are complaints that airlines do not make profits. Some go bankrupt, like Delta, Northwest, Transmeridian...

Do airports make profits?

If not, is it likely to happen that an airport goes bankrupt and is shut down?

Original post
Profile picture for user tenthije

Member for

19 years 11 months

Posts: 4,887

Many airports are public property. Either state or local. But those airports that are privately owned can go bankrupt and close. For instance, Manston was closed for a few weeks because it's owner had been declared bankrupt.

Member for

19 years 11 months

Posts: 455

Airports make a lot of profit (at least in Canada) and increasingly becoming private around the world. YYZ has some of the highest landing fees anywhere.

Also, many airport are placing a lot of emphasis on retail, especially those with long distance travellers. They're at the airport early or often transiting.

Member for

15 years 4 months

Posts: 741

For every passenger going thru a BAA airport (Heathrow,Gatwick,Stansted,Southampton,Edinburgh,glasgow and Aberdeen) the authority makes £5 profit per passenger.

Profile picture for user Manston Airport

Member for

14 years 4 months

Posts: 4,721

Many airports are public property. Either state or local. But those airports that are privately owned can go bankrupt and close. For instance, Manston was closed for a few weeks because it's owner had been declared bankrupt.

It sure did it was closed for a month .Off topic but today an aid flight of Oxfam leaves manston at 5pm.It is an Dc-8 MK Airlines on it's way to Islamabad

read the full report here http://www.reliefweb.int/rw/RWB.NSF/db900SID/EVOD-6H5EE5?OpenDocument