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Seoul Incheon airport: 49 million passengers in 15 years. Well on the way to 100 million in 2030

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  • Seoul Incheon airport: 49 million passengers in 15 years. Well on the way to 100 million in 2030
  • Centre for Aviation
  • Centre for Aviation


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Title Seoul Incheon airport: 49 million passengers in 15 years. Well on the way to 100 million in 2030
Similar Titles
Material Type Web-Links
Author(English)

Centre for Aviation

Publisher

[Sydney, Australia] : Centre for Aviation

Date 2016-04
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Construction
Territorial Development < Transport/Logistics
Holding CAPA
License

Abstract

Seoul Incheon airport has turned 15, having first opened in late Mar-2001. The all-new airport has accumulated 49 million passengers since then, making it the fifth largest major hub in Northeast Asia. Incheon is now setting its sights on 2030: it plans to double passenger volumes to 100 million, including 20 million transfer passengers. This is nearly a tripling of 2015's 7.4 million transfer passengers who made up 15% of total throughput. Increasing the share of traffic as transfers to 20% will be difficult: transfer passengers have been on the wane at Incheon. The total transfer volume decreased in 2014, and in 2015 was still below the 2013 peak. The 15% transfer share in 2015 is below 2014's 16% and 2013's 19%. The growth in direct seat capacity from mainland China to North America has pressured Incheon's transfer business; Beijing Capital airport will likely exceed Hong Kong's North America capacity by the end of 2016 while Shanghai Pudong is not far behind.