Seoul Incheon airport: terminal was maxed but terminal two open; an LCC terminal is needed
Seoul Incheon is rare in Asia for being a major airport that has built infrastructure ahead of demand. Incheon's terminal space was reaching its maximum, but the Jan-2018 opening of terminal two allows growth for existing runway capacity.
Incheon should perhaps consider a terminal dedicated for low cost airlines. LCCs account for 31% of Incheon's movements - an achievement more by circumstance than by design. Unlike neighbouring Japan, Korea's LCC sector flourished without explicit government policy or encouragement. While LCCs may want a terminal suitable to their needs, Incheon would need to consider diminished duty free revenue - a significant earner for the airports.
CAPA's LCCs in Northeast Asia Summit in Jun-2018 in Seoul, Korea, will explore this and other topics.
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