Airports as Multimodal Interchange Nodes

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This ECMT Round Table features four papers: The European Market for Airline Transportation and Multimodalism, The Role of Airports in the Transport Chain, Airport Systems and Connectivity, and Airports as Multimodal Interchange Nodes - The Example of London Heathrow. These papers discuss how the requirements of ensuring efficient land transport connectivity depend on the market structure of the airline industry and its impact on the airport network.

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Summary of Discussions

European Conference of Ministers of Transport

Air transport will in all likelihood continue to grow, both in absolute terms and in relation to other modes. Given the high income elasticity of air passenger transport, the catching-up process in middle- and low-income countries will continue to push transport demand up substantially. The current increase in both airline and airport efficiency, triggered by deregulation in the industry, is also unlikely to cease, leading to fare reductions in at least some market segments. These fare reductions will generate future growth in air travel in terms of passenger-miles.

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