I proudly present: My new Business Model Framework for Regional Airports
Finished! Today I present my framework for the development of sustainable regional airport business models.
I look forward to receiving your comments!
Most regional airports understand themselves as infrastructure operators who try to get as many traffic as possible. A certain offer of retail and F&B outlets shall increase the revenues per passenger. The real estate business is more a rental business with the objective to provide space to entities that are somehow related to the airport business.
The new business model considers both the aviation and the real estate business as equal business units that exploit the potential that is driven by the airport‘s catchment area. It is the main goal to manage the airport‘s resources as efficiently as possible to achieve the maximum profitability or the maximum benefits for the stakeholders (this has to be defined).
Furthermore an airport that follows the new business approach will take every action possible to increase the value of its catchment area by e.g. improve the accessibility of the airport, or by developing the catchment as a destination together with other stakeholders. The airport will try to use every square meter of land in order to generate revenues or to improve its eco-footprint by e.g. installing solar panels.
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