Incheon International Airport has become one of the top five airports in the world in terms of the number of international passengers.
The number of international passengers who used the airport reached 67.68 million in 2018, the largest since the airport’s opening on March 29, 2001, Incheon International Airport Corp. (IIIAC) said on March 31. The figure is 3.3 times as many as that of passengers in 2002 (20.55 million) and the result of an annual 7.7 percent increase on average since the airport’s opening.
Incheon International Airport came after Dubai Airport (88.89 million), Heathrow Airport (75.31 million) in London, Hong Kong Airport (74.41 million) and Schiphol Airport (70.96 million) in Amsterdam.
It surpassed some of the world's leading airports such as Charles de Gaulle Airport in Paris (66.38 million), Changi Airport in Singapore (64.89 million), Frankfurt (61.78 million) and Suvarnabhumi Airport in Bangkok (50.87 million).
Incheon International Airport opened its second terminal last year to ramp up its maximum passenger capacity from 54 million to 72 million. Terminal 2 exceeded 19 million passengers in total in just one year since its opening. Its international cargo volume stood at 2.86 million tons, ranking third in the world after Chek Lap Kok International Airport in Hong Kong (5.6 million tons) and Pudong International Airport in Shanghai (2.91 million tons). As a result, Incheon International Airport posted 2.65 trillion won in sales and 1.11 trillion won in net income last year.
IIAC is also exporting airport operation know-how to the world, winning orders to run Terminal 4 of Kuwait International Airport. IIAC plans to expand its overseas business in emerging markets such as Eastern Europe, Southeast Asia and Central Asia.