GLOBAL CAPEX NEEDS Airport infrastructure investment

requires significant capital planning.

GLOBAL CAPEX NEEDED 2021–2040 US$ 2.4tr

More than
Italy’s GDP
GLOBAL CAPEX NEEDS BY INVESTMENT TYPE

54+6+141718p US$ 444bn
NORTH AMERICA EUROPE AIRCRAFT BROWNFIELD
US$ 400bn US$ 427bn
MOVEMENT CAPEX
INTEGRATED
ROADWAYS,
US$ 42bn US$ 1.7tr

BROWNFIELD CAPEX NEEDS

RAIL & TRANSIT

US$ 749bn
TERMINAL
BUILDINGS

US$ 55bn
CAR
PARKING

US$ 132bn
EQUIPMENT
AND VEHICLES GREENFIELD
LATIN AMERICA CAPEX

US$ 232bn US$ 731bn
AND THE OTHER
CARIBBEAN AFRICA MIDDLE EAST ASIA-PACIFIC FACILITIES

US$ 94bn US$ 32bn US$ 151bn US$ 1.3tr

Back to 2019 traffic levels in 2023—a world of

airport infrastructure capacity constraints IMPLICATIONS OF FALLING SHORT ON CAPEX
In 2040, for every 1 million foregone passengers
GLOBAL PASSENGER TRAFFIC RECOVERY & GROWTH due to airport capacity constraints, the global
air transport industry would support
25
COVID-19

20
Billion passengers

Historical data
15 Pre-COVID-19
forecast
10 Forecast

5
2019 level
10,500 US$ 346mn
FEWER JOBS LESS IN GDP
0
2020

2025

2030

2035

2040
2015

Airport capital attributes and electric grid affect decarbonization pathways and investment costs.
$ Investment cost (CAPEX premium for Net Zero) $$$
CAPEX INVESTMENT PATHWAYS TO NET ZERO

TRAFFIC GROWTH LIFESPAN OF ASSETS High grid decarbonization Low grid decarbonization

Brownfield retrofit Brownfield retrofit and/or

10+90+P
and/or Brownfield NZB terminal construction or
Brownfield NZB terminal construction Expansionary greenfield construction

MANY
YEARS LEFT

90+10+P
HIGH Brownfield NZB terminal replacement and/or Brownfield NZB terminal replacement and/or
GROWTH Brownfield NZB terminal construction or Brownfield NZB terminal construction or
NEAR END OF Expansionary greenfield construction Expansionary greenfield construction
LIFE CYCLE

10+90+P
MANY
YEARS LEFT
LOW Brownfield retrofit Brownfield retrofit
GROWTH
NEAR END

90+10+P
OF LIFE CYCLE

Brownfield NZB terminal replacement or

Brownfield NZB terminal replacement
Greenfield NZB construction

In collaboration with With the financial support of

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