I just watched a fascinating Travel Channel documentary about the planning, engineering, and construction that went into constructing KIX. While I sincerely appreciate the marvel of architecture and engineering that this airport is, it sure seems like a big risk of billions of dollars. Engineers are having difficulty keeping the current island from sinking further, and due to anti-sinking measures, the new islands (for the 2nd and 3rd runways) will cost upwards of $15 billion. All this while the airport pays $500 million+ in debt service costs annually.
Meanwhile, airlines are fleeing KIX due to the high landing fees. The program seemed to indicate that the debt burden may simply be too much to handle.
What are your thoughts on KIX? Can it make it? Was it worth the money? Has anyone flown into KIX that can tell us more about it?