May-June-2022 - 5

PUBLISHED BY
INSIDE THE FENCE
AUTHOR Joe Petrie, Editorial Director
VOL. 36, NO. 5
EDITORIAL DIRECTOR
Joe Petrie
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BILieve in Change
I WAS enjoying my cup of Tim Horton's at Buffalo Niagara
International Airport on my way home from the International
Aviation Snow Symposium a few weeks back when hopefulness
struck me.
It was packed. Incredibly packed. People
adorned in Bills gear in early May were ambling
through the terminal and on their way to travel.
Two years since I last stepped foot in this airport,
I saw a healthy recovery in action as the nation's
air system gets back to normal.
It's honestly beyond normal. We're seeing
record travel despite record cost to fly thanks to
a cacophony of geopolitical issues.
Positive feelings are nice, but feelings aren't
necessarily a truth. And the truth is, the pandemic
has ravaged airport finances.
Airports Council International's latest Airport
Economics Report shows a 65% drop in passenger-related
revenues and 42% drop in landing
charges during the pandemic. Total costs dropped
in absolute terms, but the cost per passenger
surged 92%.
The debt fairy isn't going to wipe out these
incurred costs. Someone had to pick up the tab
and will be paying for this for some time.
Airports are highly asset intensive. It takes a
lot of stuff to make other stuff work safely and
efficiently. But if you seize this moment to think
big on all your purchases, you can prepare yourself
for the future.
AIP and BIL funding need to be spent on
infrastructure and equipment upgrades that
deliver economic, operational and environmental
sustainability. Reducing asset costs is the most
tangible step an airport can take to protect itself
financially.
More energy efficient facilities are simple
investments to comprehend. But automation,
advanced drivetrain technology and embracing
connected equipment builds cost efficiencies your
predecessors only dreamed of.
These aren't future concepts either. Kodiak
had its new hybrid airport snow removal equipment
on display at IASS. Automated AOA equipment
is being tested in European airports as we
speak. Touchless and frictionless technology is
available for your facilities and operations today.
The Airport Business 2021 State of the
Industry survey showed 33% of North
American airports are ready invest in
hybrid/alternative energy AOA equipment.
86% want to electrify their vehicle
fleets and shuttle buses in the next five
years. And 62% are embracing touchless
technology. It's encouraging, but these
numbers need to be higher. -Joe
Have a story to tell?
Coming up in the July/August issue
Cover Story: Best of Airport Business
Infrastructure: Aircraft Charters & Leasing
Technology: Airfield Lighting & Signage
Product Focus: Hangars & Doors
Contact Joe at joe.petrie@aviationpros.com
MAY/JUNE 2022 \ AVIATIONPROS.COM / 5
http://www.AviationPros http://www.AVIATIONPROS.COM
May-June-2022

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