TNAG-2413-FCO40-3515-Hong-Kong-Port-and-Airport-Development-Strategy-(PADS)-fina-1992 — Page 39

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

8.

TON

- 5

Wardley were also advised

(a) of

the intention

ownership

terminal while

and

that the PAA would retain

control Of

the passenger

privatizing concessions within

the terminal;

(b) of

the

PAA's

provision

intention

to

privatize

the

of all major support services such

aircraft maintenance, aircraft

as air cargo,

refuelling

Tak,

and catering, as is the case at Kai

with revenues flowing to the AA primarily

in the form of royalty payments (i.e.

an

on-going share of the profits derived from the

operation of these concessions).

9.

Other key inputs to the cashflows modelled during

the study, which are described in detail below, were

(a) capital costs;

(b) operating costs;

(c) traffic forecasts; and

(d) revenue projections.

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