Investor Presentaiton
4. Medium- to Long-Term Direction
(1) Forecasts for Passenger Demand
1) Forecasts by International Air Transport Association (IATA) (Released on IATA website on May 13, 2020)
IATA forecasts
passenger demand will return to
the 2019 level by:
2022 for domestic flights, and
2024 for international flights.
* However, according to its forecasts
in 2017, it expected that air
transport demand in the Asia Pacific
region would double in the next 20
years.
Indexed to equal 100 in 2019
Global domestic and international RPKs, indexed 2019=100
130
120
228 28 26
110
100
50
40
2016
2017
2018
2019
2020
2021
2022
2023
2024
Source: IATA/Tourism Economics, Air Passenger Forecasts, April 2020
Domestic RPKs
International
RPKS
2) Forecasts for Haneda Airport
•
When it is taken into account that Haneda Airport is the main airport in the Tokyo metropolitan area in
Japan and the schedule of flight departures and arrivals has always been full, it is expected that
passenger demand will recover before 2024.
The schedule of international flight departures and arrivals has been expanded by 50 flights per day,
and as of February 2020, it was planned to transfer 23 flights from Narita Airport, as well as to
launching new flights and adding some flights at Haneda Airport.
As the government has included stimulation of domestic tourism demand and large-scale promotion
overseas in the FY2020 Supplementary Budget as an emergency economic stimulus package initiative
to deal with COVID-19, the development of measures to drive the recovery of air passenger demand
is expected.
Japan Airport Terminal Co., Ltd.
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