Other Business Other Business

Other Business

Overseas Business

In 2011, provision of hangers to Airbus Group at Kobe Airport led us to expend overseas. In 2013, we established a local subsidiary to strengthen our business structure in response to strong overseas aviation demand. Today, we provide aviation-related facilities in Singapore and Canada, as well as finance simulator and engine leasing companies, and are steadily expanding our business.

Major Facilities

Airbus Asia Training Centre(Seletar Airport, Singapore)
Airbus Asia Training Centre
(Seletar Airport, Singapore)
Helicopter maintenance hanger(Langley Regional Airport, Canada)
Helicopter maintenance hanger
(Langley Regional Airport, Canada)
フライトシミュレーター(シンガポール・セレター空港)
Flight Simulator
(Seletar Airport, Singapore)

History of overseas business development

2013

AIRPORT FACILITIES ASIA PTE. LTD. (AFA),
a local subsidiary, is established in Singapore

Major businesses: Construction, acquisition and leasing of airport-related facilities abroad

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2014

Financing of a helicopter hangar in Seletar Airport starts (contract expired in 2019)

Provision of an engine maintenance factory in Seletar Airport starts

Location: Seletar Airport, Singapore
Total floor area: 5,399.14m²
Tanant: Vector Aerospace Asia Pte.Ltd

an engine maintenance factory in Seletar Airport starts
AFN PROPERTIES LTD., a local subsidiary, is established in Canada

Major businesses: Construction, acquisition and leasing of airport-related facilities abroad

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2016

Provision of a pilot training facility in Seletar Airport starts

Location: Seletar Airport, Singapore
Total floor area: 9,219m²
Tanant: Airbus Group Singapore

a pilot training facility in Seletar Airport starts

2017

Provision of a helicopter maintenance facility in Langley Regional Airport, Canada, starts

Location: Langley Regional Airport, Canada
Total floor area: 7,700m²
Tanant: StandardAero Ltd.

a helicopter maintenance facility in Langley Regional Airport, Canada

2018

AFS PROPERTIES PTE. LTD. (AFS),
a subsidiary 100% owned by AFA, is established in Singapore

Major businesses: Financing of flight simulators

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2020

Singapore Office is opened

A new office is staffed and opened in Singapore with an aim to enhance local marketing ability and to gather overseas information for the entire AFC Group.

2022

AFS PROPERTIES PTE. LTD.(AFS) conclude the financing contract about aircraft engine procurement

Loanee: Total Engine Asset Management Pte. Ltd.

Signed an investment contract for an aircraft fund as a major investor

Fund operation company : Mercuria Investment Co., Ltd

2023

Installation of a solar power generation facility on the roof of the engine maintenance building at Seleter Airport

Installation Facility: Engine Maintenance Building at Seleter Airport
Purpose : Electricity for in-house consumption
Annual amount of power generation: 488,100kWh

Recent Project

Aircraft Fund

We signed an investment contract for an aircraft fund established and operated by Mercuria Investment Co., Ltd. as a major investor.
It is the first aircraft fund for domestic investors after occurrence of the COVID-19.

Aircraft Fund

Solar Power Generation Business

Utilization of clean energy is a first step towards realizing a sustainable society. We are making efforts in the “Solar Power Generation Business”, utilizing the rooftops of facilities in and outside the airport as well as idle land. Since establishing a solar power plant in Narita City, Chiba Prefecture in 2013, we have been able to supply 5,200,000kwh of electricity annually, equivalent to electricity consumption for about 1,370 households. We will continuously contribute to achieving the SDGs through the utilization of renewable energy.

Installing megawatt-class photovoltaic power generation facility in Haneda Airport

Megawatt-class photovoltaic power generation panels are installed in the domestic cargo terminal of our company.
We are introducing clean energy by generating electricity equivalent to the consumption of 270 households annually, and self-consume the electricity generated within the area.

A photovoltaic power generation facility owned by our company annually generates electricity equivalent to about 3,100t emission of CO2 in total. We will continuously contribute to the reduction of CO2 emission through investment in renewable energy.

Domestic air cargo terminal facility
Domestic air cargo terminal facility

Reference: Photovoltaic power generation facilities of our company

Construction completed in
October
2013
Name of facility
Honsanrizuka Solar Power Plant
Location
Narita City, Chiba Prefecture
Annual power
generation
Approx. 800,000 kWh
Annual reduction of CO2 emissions*1
Approx. 390t
Construction completed in
March
2014
Name of facility
Kagoshima Airport
Hangar No.1, Hangar No.2, and warehouse (rooftop)
Location
Kagoshima Airport
Annual power generation
Approx. 300,000 kWh
Annual reduction of CO2 emissions*1
Approx. 150t
Construction completed in
January
2016
Name of facility
Gifu Mizunami Solar Power Plant
Location
Mizunami City, Gifu Prefecture
Annual power generation
Approx. 1.6 million kWh
Annual reduction of CO2 emissions*1
Approx. 780t
Construction completed in
January
2018
Name of facility
TRC Distribution B Building Rooftop Solar Power Plant
Location
Ota-ku, Tokyo
Annual power generation
Approx. 2.5 million kWh
Annual reduction of CO2 emissions*1
Approx. 1,220t
Construction completed in
December
2020
Name of facility
Domestic Cargo Terminal (rooftop) of Haneda Airport
Location
Haneda Airport
Annual power generation
Approx. 1.2 million kWh
Annual reduction of CO2 emissions*1
Approx. 590t
Construction completed in
May 2023
Name of facility
the engine plant(rooftop) in Seletar airport, Singapore
Location
Seletar airport, Singapore
Annual power generation
Approx. 457,000 kWh
Annual reduction of CO2 emissions*1
Approx. 190t*2

*1: CO2 reduction = 0.489 (CO2/kWh)
(Conversion factor based on the periodic report according to the Tokyo Metropolitan Environmental Security Ordinance)
*2: CO2 reduction = 0.416(CO2/kWh)
(Conversion factor based on Singapore's Operating Margin Grid Emission Factor)

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