Japanese airport wins transport achievement award

The International Transport Forum’s (ITF) global summit of Transport Ministers has recognised Osaka’s New Kansai International Airport Company (NKIAC) for its model of funding key transport infrastructure, with the award of its 2013 Transport Achievement Award. Established by the Japanese government in 2012, NKIAC integrated the operation of Osaka’s two major air hubs, Kansai International Airport (KIX) and Osaka International Airport (ITM). Under this new structure, funding for a dedicated low-cost carrier
May 24, 2013 Read time: 2 mins
The 998 International Transport Forum’s (ITF) global summit of Transport Ministers has recognised Osaka’s New Kansai International Airport Company (NKIAC) for its model of funding key transport infrastructure, with the award of its 2013 Transport Achievement Award.

Established by the Japanese government in 2012, NKIAC integrated the operation of Osaka’s two major air hubs, Kansai International Airport (KIX) and Osaka International Airport (ITM).

Under this new structure, funding for a dedicated low-cost carrier terminal and strategic price incentives for off-peak take-offs and landings have helped the emergence of a new low-cost carrier market in Japan. It has also spurred the development of a new airfreight logistics hub at KIX, boosting use of both airports.

The pooling of resources and cash flow has enabled innovative cross-funding, allowing government subsidies for KIX to be progressively reduced to zero.

With economic viability achieved, NKIAC is preparing the sale of concessions for the operation of both airports. This will be a first for major infrastructure in Japan and is expected to set an example for other projects.

The award will be presented to Mr Keiichi Ando, President of NKIAC, on 23 May during the 2013 Summit of Transport Ministers from the 54 member countries of the International Transport Forum (ITF), in the city of Leipzig, Germany.

For more information on companies in this article

Related Content

  • Improved productivity and advanced technology benefits ITS
    December 13, 2012
    John Horsley will hang up his hat as executive director of AASHTO in February 2013. After 14 years at the helm, he will bow out convinced of the current and future benefits of ITS for US transportation. Alot of exciting career opportunities still await young engineers in US transportation, says John Horsley, outgoing executive director of AASHTO – the American Association of State Highway & Transportation Officials. Horsley will be dedicating more of his time to matters of ITS after he stands down in Februa
    Read More
  • Stop thinking and act on cooperative infrastructures
    February 2, 2012
    OmniAir's Tim McGuckin looks at why metropolitan transportation networks might be the key to securing the long-term funding of cooperative infrastructure
    Read More
  • IRF takes politicians to task on road safety
    January 7, 2013
    The International Road Federation has issued a wake up call to government ministers, in the form of its Vienna Manifesto on ITS. Four years on from coming to a key decision on ITS, the International Road Federation (IRF) now faces a further question – how can it ensure its Vienna Manifesto on ITS achieves maximum impact? This is a challenge the organisation is not taking lightly. Issues the manifesto has been drawn up to address have become more acute in the time taken to publish it and are forecast to wors
    Read More
  • When caring about sharing is good business for US automakers
    October 28, 2015
    Although car-sharing and ride-sharing could drastically reduce car sales, David Crawford finds some US automakers are keen to participate in the sharing economy. Growing consumer interest in car- and ride-sharing, as opposed to outright ownership, and ride-sharer Uber’s recently stated intention to make its brand competitive with ownership on cost, are making the major US automotive manufacturers think seriously about their future sales prospects. Some have already begun exploring ways of entering the field
    Read More

Highlighted Content