TNAG-2413-FCO40-3515-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-fina-1992 — Page 36

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.