Loading

Tokyo Narita Outlook Part 1: once a mega hub, international and transit passengers decline

Analysis

Yes, it does exist: an Asian airport with almost zero growth. Once the epicentre of the Japan Inc. growth spurt, Tokyo Narita managed only a 0.6% increase in passengers in 2014 despite plentiful slots being available. At regional airports where slots are not as readily available, Beijing Capital posted 2.9% growth in 2014, Shanghai Pudong 9.5% and Hong Kong 5.5%. Narita's 0.6% increase was comprised of 5.7% growth in the first five months and a 2.7% decrease in the last seven months. Jan-2015 traffic was down a further 6.7%.

Transit traffic is decreasing from a high of 21% in 2009 to 18% in 2014. Narita joins Seoul Incheon in suffering transit traffic decreases as Chinese hubs finally flex their muscle. Airlines have shifted to Tokyo Haneda while US carriers are favouring non-stops into other Asian cities rather than hubbing at Narita. There is some long-haul growth on the horizon with the arrival of Ethiopian Airlines and more flights from ANA and JAL, but Narita must contend with a decreasing presence from US carriers. Delta's Narita capacity will be down 11% in 2015 while United's will decrease 15%. American could decrease its size if its moves its Los Angeles flight from Narita to Haneda.

Read More

This CAPA Analysis Report is 1,792 words.

You must log in to read the rest of this article.

Got an account? Log In

Create a CAPA Account

Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.

InclusionsContent Lite UserCAPA Member
News
Non-Premium Analysis
Premium Analysis
Data Centre
Selected Research Publications

Want More Analysis Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More