Loading...
Skip to Content

Services

Policy development
and advisory.

Policy positioning:

Draft working papers and other related documentation on economic/financial aspects of the airport/aviation industry on behalf of international, regional and national organizations for submission to regulators and global bodies

Regulatory dialogue and business case development:

Support regulatory submissions on behalf of airports linked to airport charges and other economic topics

Consultations with users:

Assist airport operators in preparing supporting materials and presentations to facilitate effective consultations with airlines.


SERVICES

Economic regulation assessments and airport charges modeling

Financial impact assessment:

Analyzing the impact of dual, single and hybrid till regulatory models on yields per passenger (YPP), business plans and airport profitability

International best practice mapping:

Compliance with international guidelines and standards – ICAO’s policies on airport charges (doc 9082) and ICAO’s Airport Economics Manual (doc 9562) – as well as striking a balance with industry positions such as Airports Council International (ACI World) and International Air Transport Association (IATA)

Scenario and sensitivity analysis:

Assessment of the impact of changes in airport charges and various airport regulatory models on passenger traffic

Competition analysis and market studies:

Deploy industry-standard tools such as the Herfindahl-Hirschman Index (HHI) and the Concentration Ratio (CR4) to analyze market structures, evaluate levels of competition, and identify market dominance or fragmentation—delivering critical insights to support regulatory compliance, investment decisions, and business strategies.


Services

International benchmarking
and diagnostic services

Peer group selection and analysis:

Performance quartile placement against a global or regional peer group (e.g., airports of similar size, traffic mix, or ownership structure).

Performance benchmarking:

Comparative analysis of key performance indicators (KPIs) such as aeronautical revenue, non-aero revenue per passenger, EBITDA margin, net profit margin, ROIC/ROCE, etc.

Operational and financing efficiency:

Detailed benchmarking of operating expenses (OPEX), cost of capital, staffing ratios and infrastructure utilization.

Benchmarking regulatory regimes:

(e.g., single-till vs. dual-till, price-cap vs. trigger regulation) and their outcomes on financial indicators.

Diagnostic reports:

Highlighting operational strengths and underperformance areas with actionable and strategic recommendations.


SERVICES

Traffic and
demographic analysis

Traffic Forecasting & Demand Analysis:

Forecast passenger, cargo, and aircraft movements using trend, econometric, and scenario modeling to support planning, investment, and regulatory needs.

Air Service Development & Route Strategy:

Identify and evaluate new route opportunities, conduct market gap analysis, and support airline engagement and incentive planning.

Passenger & Cargo Profiling with Demographic Insights:

Analyze traveler and cargo flows alongside socio-demographic trends to inform commercial strategies, catchment analysis, and connectivity planning.

Data collection and analysis

We build robust, standards-based surveys and datasets—complete with validation and documentation—to ensure accuracy and international comparability, tailored to your goals.

Survey design and instrument development:

Design questionnaires that are methodologically sound for international comparability through standardized statistical nomenclature, definitions and tailored to specific policy or operational objectives

Quality control and descriptive statistics:

Ensure data is collected from verified systems to avoid manual entry errors or inconsistencies. Develop outlier detection tools and coherence checks to capture anomalies in reported data.

Data capture and samples:

Utilize a combination of digital tools and targeted processes to enhance both the scale and representativeness of data samples

Analytical processing:

Leverage advanced tools and AI for data harmonization, trend analysis, and benchmarking to extract actionable insights aligned with policy and industry needs.

Services

Due diligence and simulation of key financial metrics

Simulation and econometric analysis:

Provide data-driven projections of revenue, cost, staffing and CAPEX needs linked to potential passenger volumes, aircraft movements to inform strategic planning, capacity expansion, or investment decisions.

Elasticity analysis:

Quantify the economic effects of policy changes and external shocks on airport performance using econometric models.

Due diligence support:

Review of historical financial performance, including aeronautical and non-aeronautical revenue streams. Analysis of traffic forecasts, yield assumptions, and commercial concession agreements. Assessment of cost structures, CAPEX plans, debt obligations, and EBITDA margins. Stress-testing financial models under various demand and regulatory scenarios.


Training and capacity building

We help airports, regulators and other aviation stakeholders build capability through bespoke workshops; deliver structured training with clear outcomes; and deploy standardized, globally benchmarked curricula—ensuring lasting knowledge transfer and better, data-driven decisions across the airport business.

Tailored Solutions:

Hands-on, bespoke capacity building: we co-design workshops around your data and priorities, produce usable playbooks/templates, and provide on-the-job coaching to embed practices and ensure lasting knowledge transfer.

Curriculum Deployment Aligned with Global Standards:

Founder Patrick Lucas delivers standardized curricula under the umbrella of leading organizations such as ACI and ICAO through the Airport Management Professional Accreditation Program (AMPAP).

Specialized Training Programs

Structured courses with clear outcomes—online or in person—cover Airport Economics fundamentals, pricing/elasticity, non-aeronautical revenues, cost of capital (WACC), and more, using context-specific cases, datasets, and practical exercises.