The airport industry

Lucy Budd and Stephen Ison


Airports, those familiar and often much-maligned interfaces between ground and sky, are vital nodes in the modern world economy. Every year, the world’s airports collectively facilitate the safe aerial movement of over 34.8 million flights, 3.57 billion passengers and over 50 million tonnes of valuable air freight (ATAG, 2016) and the prevalence and socio-economic significance of aviation is such that every nation worldwide, bar the European microstates of Andorra, Liechtenstein, Monaco, San Marino and the Vatican City, and some remote oceanic islands, has within its territory at least one airport capable of handling fixed-wing commercial aircraft. These facilities vary in size ...

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