Current accounts of Japanese airports

Kazusei Kato, Toshiyuki Uemura, Yuichi Indo, Akira Okada, Katsumi Tanabe, Shinichi Saito, Hitoshi Oguma, Hirotaka Yamauchi, Eiji Shiomi, Madoka Saegusa, Kazuyoshi Migita

Research output: Contribution to journalArticlepeer-review

11 Citations (Scopus)


The paper examines the current account of 41 major airports. When we exclude depreciation costs, only seven airports are profitable. When depreciation is excluded, only three airports are making profits. Airports managed by local governments are very difficult to sustain financially without subsidies. Airports with more than 5.2 million passengers are profitable when depreciation is taken into account, however most local airports have fewer than 2.5 million passengers. When depreciation costs are excluded, airports need at least 2.7 million passengers to be viable.

Original languageEnglish
Pages (from-to)88-93
Number of pages6
JournalJournal of Air Transport Management
Issue number2
Publication statusPublished - 2011 Mar


  • Airport accounts
  • Airport profitability
  • Japanese airports

ASJC Scopus subject areas

  • Transportation
  • Strategy and Management
  • Management, Monitoring, Policy and Law
  • Law


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