Macau Airport’s annual revenue rises 6.6% in 2014
Macau Airport recorded 6.6% growth in annual revenue totaled more than MOP4.38 billion CAM achieved 21.1% y-o-y growth in gross revenue 2014.
Macau International Airport recorded 6.6% growth in annual revenue totaled more than MOP4.38 billion while Macau International Airport Co (CAM) achieved 21.1% y-o-y growth in gross revenue last year.
CAM chairman Jingzhao Lu said in a shareholder meeting that passenger throughput in Macau Airport grew 9% y-o-y to 5.48 million trips, and CAM’s gross annual revenue exceeded MOP1.04 billion, with a profit for the third year in a row at MOP230 million for the Macau SAR government and shareholders.
Macau Airport’s takeoff/landing fees remained zero for the third consecutive year and aircraft hangar fees only rose 0.04%, according to its 2014 fiscal report.
CAM started airport expansion last year while focusing on the details and constantly improving service quality for its customers and the working environment for its transportation businesses. It fully leveraged its advantages by developing scheduled and chartered flights and market diversity, exploring the Southeast Asian market, attracting four new carriers to extend operations to Macau
Airport and using the fifth traffic right air transport law to open flights to popular destinations like Phnom Pen, Bangkok and Palau.
Mr. Lu said Macau Airport will maintain steady growth this year. Passenger throughput is expected to rise 3% to 5.65 million trips, flight traffic will grow 4% to 54,500 flights, cargo throughout will rise 2% to 29,343 tons, and corporate flights will increase 6% to 2,958 flights in 2015.
The three Chinese carriers Air China, China Eastern and China Southern will increase transport capacity in the Macau market, adding flights to Jinan and Beijing. Taiwan’s Eva Air and a Korean low-cost carrier will also begin operations in Macau Airport this year.(Translation by David)