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International Internet Magazine. Baltic States news & analytics Monday, 13.07.2020, 01:51

Lithuanian Airports turnover jumps 23%

BC, Vilnius, 16.08.2018.Print version
Lietuvos Oro Uostai (Lithuanian Airports), the state-run operator of the three airports in Lithuania, posted 20 mln euros in first half revenue, up 23% from the same period last year, informed LETA/BNS.

An increase in passengers and flights was behind the rise in revenue, the company said. Its revenue from servicing passengers and flights, making 70% of the general turnover, rose 22% to 13.6 mln euros, and income from other activity grew 25% to 7 mln euros.

Lietuvos Oro Uostai net profits jumped 66 % to 5.6 mln euros, and EBITDA increased 53.8% to 10 mln euros.

The Lithuanian airports of Vilnius, Kaunas and Palanga serviced 2.946 mln passengers, up 16% from the same period last year. And the number of flights grew 9% to 29,700.

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