Airport Revenue Growth and Onsite Development
The industries that rely on air cargo transport are generally quite dynamic and are driven by supply chains that experience rapid changes. These supply chain verticals are typically global and require attentive coordination between procurement, manufacturing and logistics management. In many cases due to a fast-pace of technological change, intense competition and ever-higher client expectations, these sectors are under constant pressure to reduce costs and increase efficiencies.
Many air cargo industries are adjusting to strong trends to become more flexible in response to client needs for short-term deliveries and customization. Changes in sourcing locations, production centers, distribution and end-markets have caused fundamental adjustments in company transport and logistics requirements. The increasing role of outsourced logistics and contract manufacturer partners in some industries further adds complexity.
These are the underlying factors that shape an airport’s cargo market and its ability to compete. In some cases, these kind of supply chain requirements are creating a need for “portcentric” facilities, facility assets that are proximate to an airport. In these situations the objectives for the shipper are increased reliability, reduction in transit times and the number of handlings and cost management. Airports that understand their underlying market and their competitive positioning are best able to make their business case.