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Facing the future: Choosing capital investments that win in a world of rapid growth and change

Bernardo Gogna
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Bernardo Gogna: Toronto Pearson International Airport, Canada

Journal of Airport Management, 2025, vol. 19, issue 4, 328-338

Abstract: Transformative changes are coming to aviation during the next decade. Demand for air travel is growing rapidly. Digital tools and artificial intelligence (AI) are reshaping the travel experience. And passengers are demanding more from airports, expecting them not just to be seamless and efficient but also destinations in themselves that can surprise and delight. Meeting these diverse and changing needs is a major challenge for airports everywhere. Drawing from the experience at Toronto Pearson International Airport, where a decade-long capital programme is getting under way, this paper will consider where global hubs should make capital investments to position themselves for the future. This article is also included in The Business & Management Collection which can be accessed at https://hstalks.com/business/.

Keywords: capacity; infrastructure; investment; resilience (search for similar items in EconPapers)
JEL-codes: M1 M10 R4 R40 (search for similar items in EconPapers)
Date: 2025
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