(05 July 2021)
Ulaanbaatar international airport, officially called Chinggis Khaan
International Airport, was officially opened to the public on
Sunday, 4 July 2021.
The new airport will be operated by the
joint venture created by Mitsubishi Corporation (MC), Narita International
Airport Corporation (NAA), Japan Airport Terminal Co., Ltd. (JAT),
and JALUX Inc. (JALUX), alongside the Mongolian government.
Under the terms of its concession agreement with the
government, New Ulaanbaatar International Airport LLC (NUBIA) will
be in charge of airport operations for the next 15 years.
new airport was originally scheduled to commence operations in
2020, but the opening was delayed because of the ongoing COVID19
All assets were transferred from the old airport – Buyant-Ukhaa International Airport,
ahead of the new airport’s opening.
pandemic has significantly reduced air travel in Mongolia, demand
for flights is expected to increase over the medium to long term,
particularly in Ulaanbaatar, the country’s capital and center of
its political and economic activity. The new airport will likely
play an increasingly prominent role over the coming years.
In operating the new airport, NUBIA will be taking advantage of
the combined expertise of its four shareholders. MC boasts a
strong track record in airports and other infrastructure projects
in Japan and around the world, while NAA and JAT operate Narita
International Airport and the passenger terminal buildings at
Haneda Airport respectively. JALUX is engaged in airport retail
businesses and also has experience managing overseas airports.
addition to prioritizing passenger safety, security and comfort,
NUBIA plans to leverage the new airport to increase the number of
routes and flights servicing Ulaanbaatar, develop
in-terminal commercial facilities, and otherwise enhance the new
airport’s services and profitability.
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