Jeddah’s King Abdulaziz Airport to start operating May 2018
21-08-2017
Argaam
Jeddah’s King Abdulaziz International Airport (KAIA) is scheduled to be up and running May 16, 2018 (Ramadan 1), Alriyadh newspaper reported on Monday, citing Mohammad Al-Shitwi, deputy chief financial officer at Saudi Arabia’s General Authority of Civil Aviation (GACA).
Singapore's Changi Group, which won a contract to operate the airport under a 20-year concession, will deliver revenue from 35 percent to 50 percent to the Kingdom over the last 11 years of operation.
The 20-year concession proceeds are expected to cover all costs paid by the Kingdom for the development of KAIA, which will start with a capacity of 35 million passengers annually, Al-Shitwi added.
Going forward, the airport’s capacity is forecast to reach 100 million passengers annually.
In April, a consortium led by Changi Airports International (CAI) was selected by the aviation sector regulator to be the winning bidder for the KAIA, Argaam earlier reported.
Construction on the airport’s $7.2 billion expansion works is 90 percent complete.
Jeddah Airport’s capacity increased by 13% in 2016; international market growing twice as fast as domestic; new terminal due to open Q1 2018
The new King Abdulaziz International Airport three-stage development started in September 2006, and is currently scheduled for completion in 2018. The project is designed to increase the airport’s yearly capacity from 30 million to 80 million passengers. anna.aero estimates that the airport handled around 34 million passengers in 2016. Since 2007, the airport’s average year-on-year increase in annual one-way seat capacity was 11%.
Jeddah Airport is the third largest in the Middle East when referring to annual seat capacity, with the airport registering nearly 22.7 million annual one-way seats in 2016. This places it behind Dubai and Doha, but ahead of Abu Dhabi. To give context in relation to numbers, Jeddah is currently around 40% the size of Dubai when looking at seat capacity, with the UAE mega-hub registering 56.3 million one-way seats last year. Doha has 14% more annual seats, while Jeddah is currently operating 36% more seats than Abu Dhabi.
Average year-on-year increase in seats this decade of 11%
Since 2007, Jeddah has recorded an average year-on-year increase in seats of 11%. As already stated, Jeddah had 22.7 million one-way seats in 2016, an increase of over 13% when compared to 2015. When analysing the graph below, one thing is very clear, international capacity from Jeddah is increasing at a much faster rate than domestic connections, with OAG schedules indicating that international capacity increased by close to 228% over the past 10 years, while domestic is up by 65%.
New terminal due in Q1 2018
Jeddah is currently going through a major expansion project. The new King Abdulaziz International Airport three-stage development started in September 2006, and is currently scheduled for completion in 2018. The new terminal, to the East of the current airport site, is designed to increase the airport’s yearly capacity from 30 million to 80 million passengers.
According to the terminal’s architects, the design of the building has a strong conceptual form, with sweeping, curving lines and a cross-over structure resembling the crossing swords of the Kingdom of Saudi Arabia’s national emblem.
Full article:
http://www.anna.aero/2017/07/26/jedd...0-million-pax/