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International Internet Magazine. Baltic States news & analytics Wednesday, 20.06.2018, 07:01

Lithuanian Airports raise H1 profits by 71%

BC, Vilnius, 13.09.2017.Print version
Lietuvos Oro Uostai (Lithuanian Airports), the operator of Lithuania's three international airports, posted 11.4 million euros in revenue in the first half of 2017, up by 26.7%, from 8.793 million euros, year-on-year, informs LETA/BNS.

The company's net jumped 70.9% over the period to 3.382 million euros, Lietuvos Oro Uostai said in a report.


Aviation revenue surged by 26.7% year-on-year to 11.1 million euros and non-aviation revenue went up by 6.2% to 5.4 million euros.


In January through June, the three airports served 2.55 million passengers and 27,600 aircraft, up by 15.4% and 10.5%, respectively, from a year ago. The number of passengers served in Vilnius rose by 13.3%, up by 39.4% and 19.2% in Palanga and Kaunas.


At the end of June, the company had 644 employees.

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