Airport Operations in New Zealand - Industry Market Research Report
Airport Operations in New Zealand
In recent years, the Airport Operations industry's performance has varied significantly due to the pandemic-induced downturn and subsequent rebound. Before the pandemic, climbing air travel volumes boosted industry demand. In particular, continued growth in international travel to and from New Zealand increased passenger volumes. Cheaper airfares and ongoing efforts by Tourism New Zealand to market the country as a tourist destination supported aircraft movements and passenger numbers at New Zealand's major airports. The industry's three largest airports, Auckland Airport, Christchurch International Airport and Wellington International Airport, all benefited from this trend through higher per-passenger revenue and retail rents. Due to increased aircraft movements, Airways, the government-owned entity that controls air traffic in New Zealand's Flight Information Region, expanded to meet growing demand for monitoring and surveillance. However, due to the pandemic-induced downturn, industry-wide revenue has been falling at an annualised 2.4% over the past five years and is expected to total $1.9 billion in 2023-24, when revenue will jump by an estimated 15.5%.
Industry players operate domestic, international and civil airports. Firms operate and maintain airport terminals and runways, and provide air traffic management and baggage handling services. Industry players also rent out surrounding airport facilities to retail businesses.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance