Birmingham Airport bosses, staff and customers have reason to celebrate this week when it was announced that the Midland’s transport hub had experienced its busiest year ever up until the end of March 2016, the Express & Star reports. With a pre-tax profit of £25 million announced, this has translated into an increase in Birmingham Airport turnover of £9.5 million. So how has Birmingham Airport achieved this feat, and is more growth forecast for the future?
Birmingham Airport Successes
This growth in figures can be put down a number of different avenues and strategies. When looking at the simplest explanation, the number of people passing through Birmingham Airport has also increased, hitting the 10 million mark for the very first time. This could be a result of a number of new routes departing from here as well as an increase in airlines using Birmingham Airport – 11 new airlines starting flying out of the Midlands departure point this year including American Airlines, Iberia Express, Qatar and Czech Airlines. But there were mixed fortunes too – Chinese operator Caissa Touristic pulled out, leading to the cancellation of their charter flight service from Birmingham.
But even when we don’t take into account aeronautical income generated by Birmingham Airport, its sources of commercial income have been thriving. A growth of this type of income by 10.5% came as a result of money made from Birmingham Airport parking facilities, duty free shopping and catering outlets. This year saw many passengers using Birmingham Airport parking spaces, as well as the opening up of new duty free franchises such as Jo Malone, World of Whisky, Urban Decay and Bobbi Brown.
Future Birmingham Airport Development
In spite of this huge financial success, spending on development at Birmingham Airport actually dropped last year, although this was mostly due to a large development programme and spend the year before. Most of this 2015-16 budget was spent on an upgrade to its baggage system, new security search equipment and better LED lighting in in the Birmingham Airport car parks.
Securing Better Value Birmingham Airport Parking
Although it looks like there is no further parking provision planned in the near future, cheap Birmingham Airport parking can currently be booked using a Birmingham Airport parking promo code. The deals available when travellers organise their Birmingham Airport through the booking tool from Parking at Airports can help them get up to 72% off standard prices as well as an additional 12% off, and that’s not to mention the peace of mind that comes with using a reputable parking provider.
So with things looking rosy for Birmingham Airport as well as those passengers who pass through it, we can only hope for even more Birmingham Airport parking provision in the future.