Episode 012 - Airport business models: Adapt or perish
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Description
A future airport business model requires diversification towards many activities beyond the provision of infrastructure. Successful airport managers need to consider the volatile traffic developments including changed requirements and necessities of passenger. In this episode, learn how a wholistic approach in forecasting can facilitate to develop a successful airport business model. Moderator: Dominique Bayer – Consultant Experts: Arvind Chandrasekhar – Associate Partner and Head of Solution Group Network and Fleet Management Sascha Vogel – Consultant and Expert in Airport Operations & Management    This episode includes: 00:42 Introduction of our experts 02:00 Lufthansa Consulting’s approach to forecasting 05:08 Linking forecasting to airport business models 06:17 Understanding how passenger activity in the airport might change 07:28 The need for adapting airport business models 09:30 Infrastructure rightsizing for airports 11:31 Transformation and diversification of successful airport business models 14:48 What the ideal business model might look like  16:44 Recommended cycles for revisiting forecasts 18:40 Outlook for airport business transformations
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