Over the longer term what are the key determinants of Glasgow Prestwick Airports profitability and hence returns to Infratil?
Three things are critical for Glasgow Prestwick Airport’s long term profitability and hence value to Infratil: A. The key determinant of the Airport’s long term value is the number of people using it. Passenger growth in recent times has come mainly from the rapid expansion in the low-cost airline sector, in particular the activities of Ryanair and Wizz. Glasgow Prestwick Airport believes there is considerable potential to further expand the domestic and international low-cost market and is actively working with airlines and local Scottish tourism development groups to promote these opportunities. Glasgow Prestwick Airport is also implementing strategies to expanded the range of both scheduled and charter airlines operating through Glasgow Prestwick Airport. B. Glasgow Prestwick Airport’s commercial income per visitor is also an important ingredient of overall financial success. Commercial income is derived from retail and trading activity including duty free, food and beverage and oth
