With the globalization and the Airline Deregulation Act in 1978, there has been a great deal of change and development around the world in airports. Airport revenues and airport commercial activities are among the areas where this development is most felt. Over time, the airport operators went through changes in their commercial activities, with the increase in aeronautical revenues and non-aeronautical revenues, and at the same time proportional change was observed as well.
In this study, based on official data, the structure of aeronautical revenues and non-aeronautical revenues belonging to five of Europe’s busiest airports in terms of number of passengers was evaluated by vertical percentage analysis and trend analysis method. In the scope of the study, the financial data of the selected five airport operators for the period between 2008 and 2015 were examined and it was aimed to determine the financial status of the airports and the change by years. Besides, the financial situation of the airports has been reviewed and some suggestions have been made.
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