N
do
revenues
aircraft from
charges).
(aeronautical
landing
and
parking
fees
In recent years revenues at the
airport have been more than sufficient to cover operating
expenses
and
have regularly exceeded the target of a
15%
rate of return as set by Government.
Government also raises revenue by means of the
Passenger
Departure Tax (APOT) which is now levied
3.
The
Airport
at
a race
$150 of
per passenger.
fiscal
The APDT is
a general
measure which is not related to the cost of providing
services at Kai Tak.
Situation at Chek Lap Kok
4.
The new airport at Chek Lap Kok will be expected
commercial lines such that it will,
to operate оп prudent
like Kai Tak, cover its own operating costs and produce a
reasonable
Government.
return
to
its shareholder:
One
of
the
main reasons
the
future
SAR
for
deciding
to
establish а separate
(AA), to develop and
that full
corporate body, the Airport Authority
manage the new airport was to ensure
is taken of its commercial potential.
advantage
То this end, it is
the
intention to give the AA as much
flexibility as possible to maximize revenues.