Changi Airports International Inks 10-Year Deal to Boost Haikou Meilan International Airport’s Commercial Operations

By:Cody Lee

Oct 25, 2024

Image via Haikou Meilan International Airport


Changi Airports International (CAI) has entered into a landmark 10-year joint venture agreement with Haikou Meilan International Airport (HAK) to manage and transform its non-aeronautical business activities. Starting from January 2025, CAI will oversee the airport’s retail, food and beverage, advertising, leisure, and VIP services, with a focus on enhancing the overall passenger experience and driving commercial revenue growth.


In this joint venture, HAK retains a 51% stake, while CAI holds 49%. The collaboration aims to position Haikou Meilan International as a leading integrated consumer hub, leveraging CAI’s global expertise in airport commercial management. This strategic partnership is set to introduce new digital services, including e-commerce platforms and loyalty programs, while expanding the variety and quality of both international and local retail brands.


Image via Haikou Meilan International Airport


Haikou Meilan International Airport, located in Hainan Province’s capital city, served 24.34 million passengers in 2023, making it the 18th busiest airport in mainland China. The airport connects 116 domestic destinations and 30 international ones, cementing its position as a key gateway for both domestic and international travelers. Offshore duty-free shops at the airport further add to its commercial appeal, offering a key growth area for non-aeronautical revenues.


Eugene Gan, Chief Executive of CAI, expressed his excitement about the partnership, noting, “This agreement marks a major milestone for CAI as we expand our global footprint. We look forward to working with Haikou Meilan International Airport to enhance passenger experiences and position the airport as a premier hub for travelers and retailers.”


This joint venture also aligns with Hainan’s broader ambitions to become a global center for tourism and trade, as the island province continues to develop its economic and travel infrastructure.


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