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Circular 115
The Economic Situation of International Airports - 1970
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CIRCULAR THE ECONOMIC SITUATION OF INTERNATIONAL AIRPORTS 1970 Results-of an ad hoc Survey Approved by the Secretary Genera2 md published under his authority INTERNATIONAL CIVIL AVIATION ORGANIZATION MONTREAL CANADA
Published in separate English, French and Spanish editions by the International Civil Aviation Organization. All correspondence, except orders and subscriptions, should be addressed to the Secretary General of ICAO, International Aviation Building, 1080 University street, Montreal 101, Quebec, Cnnada. Orders for this publication should be sent to one of the following addresses, together with the appropriate remittance by bank draft or post office money order in U.S. dollars or the currency of the country in which the order is placed or in a freely convertible currency Canada Information Canada, Ottawa, On- Mexico Representante de la OACI, Oficina t ario . Norteamtrica y Caribe, Apartado postal 5-377, Mtxico 5, D.F. Egypt Arab Republic of ICAO Represen- tative, Middle East and Eastern African Pea Representante de la OACI, Oficina Office, 16 Hassan Sabri, Zamalek, Cairo. Sudamtrica, Apartado 41 27, Lima. France Representant de I'OACI, Bureau Europe, 3bis, Villa Emile-Bergerat, 92 Neuilly- sur-Seine. India Oxford Book and Stationery CO., Scindia House, New Delhi or 17 Park Street, Calcutta. Japm Japan Civil Aviation Promotion Foundation, No. 38 Shiba Kotohira-Cho, Minato-Ku, Tokyo. Senegal Reprksentant de l'OACI, Bureau Afrique, Boite postale 2356, Dakar. Sweden C.E. Fritzes Kungl. Hovbokhandel, Fredsgatan 2, Box 16356, Stockholm 16. Thailand ICAO Representative, Far East and Pacific Office, P.O. Box 614, Bangkok. United Kingdom Her Majesty's Stationery Office, P.O. Box 569, London, S.E. 1. Intmutional Civil Aviation Organhtion Attention Distribution Officer, International Aviation Building, 1080 University Street, Montreal 101, Quebec, Canada. Do you receive the lCAO BULLETIN the ICAOBulletin contains a concise account of the activities of the Organization as well as articles of interest to the aero- nautical world. The Bulletin will also keep you up to date on the latest lCAO publications, their contents, amendments, supplements, corri- genda, and prices. Available in three separate ditions English, French and Spanish. Annual subscription U.S. 9.00 surface mail U.S. 17.00 air rnail.
TABLE OF CONTENTS INTRODUCTION Page v Objective and terms of reference .......................................... Sources and coverage ...................................................... Scope of financial data included ............................ .. ............ Exchange rates ............................................................ SUMMARY OF RESULTS The organizational structure of international airports .................... Revenues and expenses for international airports .......................... Fixed assets of international airports .................................... I - THE ORGAN1 ZATIONAL STRUCTURE OF INTERNATIONAL AIRPORTS I1 - FACTORS AFFECTING THE MAGNITUDE AND COMPARABILITY OF AIRPORT FINANCIAL DATA Traffic and traffic characteristics ....................................... Other factors ............................................................. Validity of the results of this study I11 - REVXNUES AND EXPENSES FOR INTERNATIONAL AIRPORTS Operating revenues ........................................................ Operating expenses ........................................................ Operating results ........ . ............................................... Non-operating revenues and expenses ....................................... Taxes ..................................................................... Net results ............................................................... IV - FIXED ASSETS OF INTERNATIONAL AIRPORTS Reported values of fixed assets ........................................... Depreciation, additions and disposals of fixed asSets ..................... vii vi i vii i x V - BALANCE SHEETS FYR INTERNATIONAL AIRPORTS
ii ICAO Circular 11 5-AT/ 30 APPENDICES 1. State letter EC 2/43.3-711'139 dl23 July 1971 -- Ad hoc collection of airport financial data ................................ 2 5 2. Aimort Oranizn,tional Structure ...................................... 39 3. Revenue and Expense Data reported for International Airports, 1970 41 ...................................................... 4. Data on Fixed Assets reported for International Airports, 1970 ........ 4 7 5. Balance Sheet Data reported for International Airports, 1970 .......... 51 6. Airport Revenue and Expense Data obtained from published reports ............................................................. 55 7. Passengers, Freight and Mail Traffic at selected International Airports, 1970 ...................................................... 8. International and Domestic Traffic at selected International Airports, 1970 ...................................................... 9. Operating Revenues per Traffic Unit - International Airports, 1970 ....................................................... 10. Revenues from Landing, Passenger and Cargo Charges - International Airports, 1970 ...................................................... 11. Non-aeronautical Revenues of Airports related to their total ...................... Operating Revenues and Passenger Traffic, 1970 lZA Tbtal Airport Operating Expenses per Traffic Unit, 1970 .............. and B 13. Airport operiting Expenses less Depreciation per Traffic Unit, 1970 .......................................................... 14. Distribution of Total Operating Expenses - International Airports, 1970 ...................................................... 15. Operating Results - International Airports, 1970 ......................
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