TIAT’s JPY104bn international expansion on track for 2020
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While Haneda Airport’s Tokyo International Air Terminal Corporation (TIAT) progresses with the expansion of its international terminal and the renovation of numerous luxury boutiques, it is targeting growth in sales of +8%. David Hayes reports.
JAPAN REPORT: TIAT
Above: TIAT tells TRBusiness that it registered near double-digit sales growth for financial year ending 31 March, 2019 (FY2018). T
confident that its retail sales will continue to rise this year, while it renovates its luxury boutiques and increases international flights by moving them over to Haneda’s domestic Terminal 2. TIAT tells TRBusiness that it
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okyo International Air Terminal Corporation (TIAT) at Tokyo Haneda Airport is
registered near double-digit sales growth for the financial year ending 31 March, 2019 (FY2018), as work continues on a major international terminal expansion that is designed to handle a 50% increase in international flights and passenger numbers over the next decade. Due for completion by March
2020, Haneda Airport’s JPY104bn ($983m) expansion is scheduled to be finished in time for the Tokyo 2020 Summer Olympic Games.
OCTOBER 2019
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TIAT’s expansion plans include building two more flight gates and a separate TIAT Annex, created by expanding and converting the South Wing area of Haneda Airport’s domestic Terminal 2 – which is used by All Nippon Airways (ANA) – to handle ANA international flights as well. TIAT’s new Annex will include
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check-in counters for international travellers, passport control desks and security check points along with airside duty free shops and boutiques. “Our T2 international flight
zone will have a 1,500sq m airside departure duty free retail area that will be operated by TIAT,” reveals Hideki Sugimoto, Vice President for Sales and Marketing at Tokyo International Air Terminal Corporation.
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duty free store,” says Sugimoto. “All departing passengers will go through the store entrance to walk to the departure escalators, which
TIAT tells TRBusiness that it registered near double-digit sales growth for financial year ending 31 March, 2019 (FY2018), as work continues on a major international terminal expansion that is designed to handle a 50% increase in international flights and passenger numbers over the next decade.
“There also will be a 90sq m T2 arrival duty free shop.” International departures facilities
will be spread across two floors, with check-in, passport control, security and duty free shopping all on level 3. “T2 TIAT will have a walkthrough
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