The government will reduce its capital in a new special-purpose company that will operate Narita airport in order to use the money for Kansai International Airport Co., it was learned Sunday.
Government funds in the Chiba Prefecture airport will be slashed by some 200 billion yen so that the money can be used to help reduce the debts of the Kansai airport.
According to informed sources, the idea is part of an overall plan to privatize the New Tokyo International Airport Authority.
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