Changi Airports International Spread its Wings with New Project Wins

Justin Lee

Singapore

August 17, 2023

1024px Fukuoka Airport International Terminal by night April 2016 v2

Changi Airport International’s airport assets have seen a visible recovery from the COVID-19 pandemic.

More importantly, it has secured significant airport consultancy project wins in the various countries such as Egypt, Uzbekistan and Cambodia in the past twelve months, further boosting its profile as a leading airport consultancy.

At Fukuoka Airport in Japan, the total number of passengers in the year ended March 2023 was 20.78 mil, which was a 15.7% increase from the 18.0 mil passengers handled in the same period in the previous year.

International passenger traffic at Fukuoka Airport saw a significant increase in the year ended March 2023 to 4.71 million passengers, a 109% increase compared to the number of international passengers handled at Fukuoka Airport in the year ended March 2022.

 

Fukuoka Airport Traffic Growth

 

Year Ended 3/22

Year Ended 3/23

%

Dom. Pax (0,000s)

1570

1606

2.3%

Intl Pax (0,000s)

225

471

109.3%

Total (0,000s)

1796

2078

15.7%

@Fukuoka International Airport Co., Ltd. Financial Report for Year Ended 31 March 2023

 

Fukuoka Airport’s revenues also saw an improvement in revenues from JPY17.7bn in the year ended March 2022 to JPY31.2bn in the year ended March 2023. However, the airport operator continued to make a net loss.

 

Fukuoka International Airport Co., Ltd. Financial Performance

  Year Ended 3/22 Year Ended 3/23 %
Turnover (JPY Mn) 17,700 31,210 76.3
Net Profit/Loss (JPY Mn) -17,100 9,163 -46.4
Net Margin (%) -96.6% -29.4% -

@Fukuoka International Airport Co., Ltd. Financial Report for Year Ended 31 March 2023

 

At Brazil’s Tom Jobim International Airport, passenger traffic had reached 5.9 million passengers in 2022, which is equivalent to 42% of the 2019 levels, and a 50% increase compared to 2021.

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