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International Internet Magazine. Baltic States news & analytics Tuesday, 23.10.2018, 06:30

Riga Airport turns over EUR 40.5 ml in January-September

BC, Riga, 06.12.2017.Print version
Riga International Airport turned over EUR 40.5 million in the first nine months of 2017, the airport’s unaudited report for 2017 shows, cites LETA.

The airport’s turnover rose by 6.7%, or EUR 2.5 million, against the respective period in 2016.


According to the report, Riga Airport closed the first nine months of 2017 with a EUR 1.9 million profit.


During the accounting period, the airport generated EUR 23.5 million worth of revenues from aviation services. Compared to the same period a year ago, these revenues grew by EUR 1.6 million. The bulk of these revenues were generated from ground handling services, as well as security and storage services.


Revenues from non-aviation services, like land lease, grew by 6% year-on-year to EUR 17 million.


Riga International Airport is the largest air traffic hub in the Baltic states. The airport offers flights to more than 60 destinations in the winter season and to nearly 90 destinations in summer, operated by 20 airlines.

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