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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 23:05

Riga Airport raises turnover by 3% in H1

BC, Riga, 08.09.2017.Print version
Riga International Airport turned over EUR 25.1 million in the first half of this year, which was a 3% increase against the same period in 2016, while the company’s profit made in the first six months of 2017 was EUR 799,000, the airport’s spokeswoman Laura Karnite told LETA.

During the first half of 2017, the airport’s revenue from aviation services came to EUR 14.3 million, up 3% year-on-year. Revenue from non-aviation services also rose 3% against the first half of last year to EUR 10.7 million.

 

“The airport’s financial results for the first half of this year reflect the balanced growth strategy, with aviation and non-aviation services each providing an equal share of the airport’s revenue. I am glad that notwithstanding the millions Riga Airport has been investing and will keep investing in the development of infrastructure, the company has closed the first half of this year in the black,” said Riga Airport CEO Ilona Lice.

 

During the first half of 2017, Riga Airport received 2.747 million passengers, or 8.7% more than a year ago.

 

Riga International Airport is the largest air traffic hub in the Baltic states. More than 20 airlines operating at Riga Airport offer 60 destinations in the winter season and nearly 90 in the summer season.

 

In 2016, Riga Airport handled 5.6 million passengers, or nearly 45% of all air passengers in the Baltic states.






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