South Korea’s Incheon Airport in first foreign equity venture

South Korea's Incheon Airport has acquired a 10% stake in Khabarovsk Novy Airport marking its first equity investment in an overseas gateway. Incheon, which completed the master plan for the Russian airport, has also expressed an interest in acquiring an equity stake in “two or three” airports in the Asia Pacific region as part of a new globalisation business strategy to export its expertise. [921 words]

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This report contains the following subheadings:

• Foreign contract bidding to increase as Incheon’s privatisation nears
• Substantial FDI from Japan and Korea
• LCCs, charter airlines and Star Alliance not yet in evidence

This report contains the following charts and tables:

• Chart 1: Khabarovsk Novy Airport international vs. domestic capacity share (04-Jul-2011 to 10-Jul-2011)
• Chart 2: Khabarovsk Novy Airport capacity (seats per week to/from) by (04-Jul-2011 to 10-Jul-2011)
• Chart 3: Khabarovsk Novy Airport international capacity by region (04-Jul-2011 to 10-Jul-2011)
• Chart 4: Khabarovsk Novy Airport capacity share by carrier type (04-Jul-2011 to 10-Jul-2011)
• Chart 5: Khabarovsk Novy Airport capacity share by alliance (04-Jul-2011 to 10-Jul-2011)