U-tapao achieved revenue of 70 million baht in fiscal 2015 ended Sept 30 and expects the figure will jump to 240 million in the present fiscal year.
Rear Adm Worapol insisted the navy would be largely in control of running the airport and discounted an industry suggestion that an entity experienced in airport management take over operations.
But he did not rule out allowing companies to run certain operations or become joint venture partners in some operations that have yet to be outlined.
Operations such as car park services or cargo facilities could be outsourced to private enterprises in the form of concessions, Rear Adm Worapol said.