The world’s wealthiest airports
Airports are not just gateways to travel, they are also commercial centers that generate income from various sources. From duty-free shopping to airline fees, airports have become a significant source of revenue for the cities they serve. Some airports have become so prosperous that they have been dubbed the wealthiest airports in the world. In this article, we will explore these airports and see what makes them so financially successful.
What is wealth by airport standards?
Wealth, when it comes to airports, refers to the amount of revenue generated by the airport. This revenue can come from a variety of sources such as rental fees, airline fees, parking fees, duty-free shopping, and other commercial activities. The more revenue an airport generates, the wealthier it is considered. Additionally, the airports’ location, size, and passenger traffic also play a significant role in determining its wealth. Now, let’s take a look at the top 10 wealthiest airports in the world.
Ranking the world’s wealthiest airports
Here is a list of the top 10 wealthiest airports in the world, ranked by their revenue generated in 2020 (pre-pandemic).
Airport 10: A prosperous airport in the Middle East
Dubai International Airport, located in the United Arab Emirates, generated $2.5 billion in 2020. This airport has been a hub for international travel and commerce in the Middle East for decades. It is the primary hub for Emirates Airlines and has been recognized as the busiest airport in the world for international travel.
Airport 9: A hub of luxury and commerce in Asia
Incheon International Airport, located in South Korea, generated $2.7 billion in 2020. This airport is known for its modern architecture and luxury amenities. It is the primary hub for Korean Air and Asiana Airlines and serves as a gateway to Asia.
Airport 8: The West Coast’s most affluent airport
Los Angeles International Airport (LAX), located in California, generated $3.5 billion in 2020. LAX is the largest and busiest airport in the state, serving millions of passengers each year. It is a hub for several major airlines, including American Airlines, Delta Air Lines, and United Airlines.
Airport 7: A paradise for the rich and famous
London Heathrow Airport, located in the United Kingdom, generated $3.7 billion in 2020. This airport is a hub for several major airlines, including British Airways and Virgin Atlantic. It is a popular destination for celebrities and high net worth individuals due to its luxury amenities and services.
Airport 6: A European airport’s financial success
Charles de Gaulle Airport, located in France, generated $4.1 billion in 2020. This airport is the largest in France and serves as a hub for Air France. It is also a major gateway to Europe, connecting passengers to various destinations across the continent.
Airport 5: A prosperous airport in the land down under
Sydney Airport, located in Australia, generated $4.3 billion in 2020. This airport is the busiest in Australia, serving millions of passengers each year. It is a hub for several major airlines, including Qantas and Virgin Australia.
Airport 4: A Middle Eastern airport’s regal reputation
Hamad International Airport, located in Qatar, generated $4.5 billion in 2020. This airport is known for its luxury amenities and services, including a hotel, spa, and multiple lounges. It is also the primary hub for Qatar Airways.
Airport 3: A powerhouse in the heart of Asia
Hong Kong International Airport generated $5.1 billion in 2020. This airport is one of the busiest in Asia, serving as a hub for Cathay Pacific and other major airlines. It is also known for its modern design and advanced technology.
Airport 2: The affluent airport in the land of the free
O’Hare International Airport, located in Illinois, generated $5.4 billion in 2020. This airport is the second busiest in the United States, serving as a hub for both United Airlines and American Airlines. It is a major gateway to North America, connecting passengers to various destinations across the continent.
Where is the wealthiest airport in the world located?
The wealthiest airport in the world is none other than Hartsfield-Jackson Atlanta International Airport, located in Georgia, USA. This airport generated $16.6 billion in 2020, making it by far the wealthiest airport in the world. This airport is a hub for Delta Air Lines and serves as a gateway to North America, connecting passengers to various destinations across the continent.
Conclusion: Wealth and airports – an inseparable pair
Airports have become much more than just gateways to travel. They have become commercial centers that generate significant revenue for the cities they serve. The airports listed above are proof of the vast amounts of wealth generated by airports worldwide. With advancements in technology and an increase in global travel, airports are set to become even more prosperous in the years to come.
