Current accounts of Japanese airports

Kazusei Kato, Toshiyuki Uemura, Yuichi Indo, Akira Okada, Katsumi Tanabe, Shinichi Saito, Hitoshi Oguma, Hirotaka Yamauchi, Eiji Shiomi, Madoka Saegusa, Kazuyoshi Migita

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

The paper examines the current account of 41 major airports. When we exclude depreciation costs, only seven airports are profitable. When depreciation is excluded, only three airports are making profits. Airports managed by local governments are very difficult to sustain financially without subsidies. Airports with more than 5.2 million passengers are profitable when depreciation is taken into account, however most local airports have fewer than 2.5 million passengers. When depreciation costs are excluded, airports need at least 2.7 million passengers to be viable.

Original languageEnglish
Pages (from-to)88-93
Number of pages6
JournalJournal of Air Transport Management
Volume17
Issue number2
DOIs
Publication statusPublished - 2011 Mar

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airport
Airports
Depreciation
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Current account
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local government
Costs
Profitability
profit

Keywords

  • Airport accounts
  • Airport profitability
  • Japanese airports

ASJC Scopus subject areas

  • Strategy and Management
  • Law
  • Transportation
  • Management, Monitoring, Policy and Law

Cite this

Current accounts of Japanese airports. / Kato, Kazusei; Uemura, Toshiyuki; Indo, Yuichi; Okada, Akira; Tanabe, Katsumi; Saito, Shinichi; Oguma, Hitoshi; Yamauchi, Hirotaka; Shiomi, Eiji; Saegusa, Madoka; Migita, Kazuyoshi.

In: Journal of Air Transport Management, Vol. 17, No. 2, 03.2011, p. 88-93.

Research output: Contribution to journalArticle

Kato, K, Uemura, T, Indo, Y, Okada, A, Tanabe, K, Saito, S, Oguma, H, Yamauchi, H, Shiomi, E, Saegusa, M & Migita, K 2011, 'Current accounts of Japanese airports', Journal of Air Transport Management, vol. 17, no. 2, pp. 88-93. https://doi.org/10.1016/j.jairtraman.2010.07.001
Kato, Kazusei ; Uemura, Toshiyuki ; Indo, Yuichi ; Okada, Akira ; Tanabe, Katsumi ; Saito, Shinichi ; Oguma, Hitoshi ; Yamauchi, Hirotaka ; Shiomi, Eiji ; Saegusa, Madoka ; Migita, Kazuyoshi. / Current accounts of Japanese airports. In: Journal of Air Transport Management. 2011 ; Vol. 17, No. 2. pp. 88-93.
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