The revenue from car parking & retail at Melbourne Airport – exceeds the revenue generated from Airplane operations…
Airplane operations = $171 million
Car Parking & retail = $183 million
The car parking componant was $70 million two years ago, though the Australian Pacific Airports Corporation has chosen not reveal the revenue split recently. Seems Jerry Seinfeld was right when he said the whole travel saga was a trick to sell the $7 tuna sandwiches!
The question for startups is this: Where is your extraneous revenue hidden in your captive audience?
I paid $6 for flavoured water at Melbourne Airport last week. I should start selling some of that in my businesses!
They are some pretty amazing figures. Great post.
The amount they scalp you for parking does have the benefit of making it cheaper to get a limo with a few friends than to park there 😉