Airports long term finacing problems
This week's Economist has an article highlighting long term problems in airport finances
Passenger numbers are booming (up 6.3% last year) but revenue per pax is falling - Schipol, CdG & Frankfurt are down 4-8%
Uber etc are hitting US income where 40% of non-aeronautical income is from car parking (Yurop 20%) and car hire (20% (Yurop 3%) - US budgets are around 10% down
And airport coconstruction costs continue to rise at twice the rate of inflation..............................