Tokyo Narita Airport to launch terminal for LCCs; KL Singapore, Gold Coast and Avalon expanding

If anyone needed evidence that LCCs have forever changed the face of the global aviation, this is it: Narita International Airport Corp plans to develop a passenger terminal in Spring 2013 that will exclusively serve low-cost carriers. The Nikkei reports the airport – one of the highest cost airports to operate to in the world – will commence construction next Spring on what will become Japan's first terminal dedicated for budget carriers. The move should significantly increase Narita’s attractiveness to foreign LCCs like Jetstar, AirAsia and Tiger Airways in establishing local JVs to tap the massive potential Japanese and North Asian budget airline market. [1025 words]

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This report contains the following subheadings:

• LCCs to reach 10% of slots at Narita
• Osaka, Kuala Lumpur, Singapore, Gold Coast and Avalon expanding LCC capacity

This report contains the following charts and tables:

• Japan, Korea and China domestic and international LCC capacity share (%): 2001 vs 2009