SIC 4581 - Airports, Flying Fields, And Airport Terminal Services
Establishments primarily engaged in operating and maintaining airports and flying fields; in servicing, repairing (except on a factory basis), maintaining, and storing aircraft; and in furnishing coordinated handling services for airfreight or passengers at airports. This industry also includes private establishments primarily engaged in air traffic control operations. Government air traffic control operations are classified in Public Administration, Industry 9621. Aircraft modification centers and establishments primarily engaged in factory type overhaul of aircraft are classified in Manufacturing, Major Group 37, and flying fields maintained by aviation clubs are classified in Services, Industry 7997.
Industry trends:
The Airports, Flying Fields, and Airport Terminal Services industry (NAICS 4581) is experiencing several notable qualitative trends. First, there is an increasing emphasis on sustainability, with airports investing in green technologies and environmentally-friendly infrastructure to reduce their carbon footprint. This includes the implementation of solar panels, electric ground support equipment, and green building certifications.
Second, there is a growing focus on enhancing passenger experience through technology. Airports are increasingly adopting biometric systems for faster check-ins and security procedures, as well as integrating advanced data analytics to improve operational efficiency and passenger flow management. The rise of "smart airports" equipped with IoT devices, AI-driven services, and mobile apps for seamless navigation is reshaping the passenger journey.
Moreover, despite the recovery from the pandemic, there is ongoing consolidation in the industry, with collaborations and partnerships aimed at optimizing resource utilization and expanding service offerings. In terms of forecasts, the near future is expected to see continued investment in automation and digitalization, alongside infrastructure expansions to accommodate the anticipated growth in air travel demand. As remote working and hybrid working models persist, airports are also likely to continue adapting their spaces to offer more business and relaxation lounges.
This industry is comprised of:
Air traffic control, except government
Aircraft cleaning and janitorial service
Aircraft servicing and repairing, except on a factory basis
Aircraft storage at airports
Aircraft upholstery repair
Airfreight handling at airports
Airport hangar rental
Airport leasing, if operating airport
Airport terminal services
Airports
Flying fields, except those maintained by aviation clubs
Hangar operation
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