Three Nationally Administered Airports Post a Profit in MLIT "Profit-and-Loss" Estimates

Three Nationally Administered Airports Post a Profit in MLIT

Haneda's D Runway built overwater.

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The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) released estimates on income and expenditures for 26 airports administered by the Japanese government on September 10. Only three of the airports--New Chitose, Komatsu and Kumamoto--are in the black for flight operations support, the primary role of an airport.

The operating profit of each airport's flight operations support is a profit-and-loss calculation comparing landing fees and other income with expenses for maintaining facilities and the like. New Chitose Airport posted a profit of around JPY 1.55 billion, Komatsu Airport JPY 590 million and Kumamoto Airport JPY 70 million.

Airports posting big losses were Naha Airport (around JPY 5.91 billion), Tokyo International Airport (around JPY 5.37 billion; better known as Haneda Airport) and Fukuoka Airport (around JPY 5.3 billion). When income and expenditures for related businesses such as terminal building services and parking facilities are taken into account, Hiroshima Airport and Matsuyama Airport actually turned a profit.

The earnings of the 26 airports saw an increase in landing fees and other income of around JPY 1.3 billion year-on-year, rising to a total of approximately JPY 64.93 billion. Overall expenses such as airport maintenance fell year-on-year by around JPY 65.5 billion to a total of approximately JPY 13.44 billion.

Figures on "income by airport" have been made public since the fiscal year beginning April 1, 2006 in an attempt to adopt a common thinking on corporate accounting and streamline airport administration.