Episode 012 - Airport business models: Adapt or perish
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A future airport business model requires diversification towards many activities beyond the provision of infrastructure. Successful airport managers need to consider the volatile traffic developments including changed requirements and necessities of passenger. In this episode, learn how a wholistic approach in forecasting can facilitate to develop a successful airport business model.
Moderator:
Dominique Bayer – Consultant
Experts:
Arvind Chandrasekhar – Associate Partner and Head of Solution Group Network and Fleet Management
Sascha Vogel – Consultant and Expert in Airport Operations & Management
This episode includes:
00:42 Introduction of our experts
02:00 Lufthansa Consulting’s approach to forecasting
05:08 Linking forecasting to airport business models
06:17 Understanding how passenger activity in the airport might change
07:28 The need for adapting airport business models
09:30 Infrastructure rightsizing for airports
11:31 Transformation and diversification of successful airport business models
14:48 What the ideal business model might look like
16:44 Recommended cycles for revisiting forecasts
18:40 Outlook for airport business transformations