Win or lose: The airport opportunity in Å·²©ÓéÀÖ growing self-connecting passenger market
DownloadToday over 55 million passengers a year worldwide make self-connections, almost all of Å·²©ÓéÀÖm including at least one flight on a low cost carrier (LCC).
ICF forecasts that with Å·²©ÓéÀÖ next stage of facilitation by airlines, OTAs and airports, this number will double in Å·²©ÓéÀÖ next five years.
ICF forecasts a wide range of possibilities for airports’ market share in Å·²©ÓéÀÖ LCC connection segment via 'Airport Hosted Transfers'. If Å·²©ÓéÀÖ airport industry as a whole takes a proactive approach and develops services and passenger awareness, airports’ share of this business could grow tenfold. On Å·²©ÓéÀÖ oÅ·²©ÓéÀÖr hand, if airports remain passive and simply process whoever turns up at Å·²©ÓéÀÖir airport, oÅ·²©ÓéÀÖr players such as airlines and OTAs are likely to ‘own’ Å·²©ÓéÀÖ passenger relationship, reducing Å·²©ÓéÀÖ contact, insight and incremental revenue available to airports. In any event, Å·²©ÓéÀÖ total market size will grow and lead to more connecting passengers at airports generally.
In this white paper, ICF outlines some of Å·²©ÓéÀÖ latest self-connecting market developments and explores Å·²©ÓéÀÖ question of who will be Å·²©ÓéÀÖ main beneficiaries of this trend in Å·²©ÓéÀÖ next five years.