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International Internet Magazine. Baltic States news & analytics Tuesday, 02.06.2020, 11:26

FY earnings of Estonian air navigation service co up 10.5% at EUR 6.8 mln

BC, Tallinn, 15.05.2019.Print version
The operating revenue of the state-owned Estonian air navigation services provider Lennuliiklusteeninduse AS in 2018 grew 8.6% year over year to 29.3 mln euros and net profit rose 10.5% to 6.8 mln euros, reported LETA/BNS.

The largest customers in 2018 were Finnair with 20% of the total number of overflights, followed by airBaltic, Rossiya Airlines and Deutsche Lufthansa with 6 % each, it appears from the annual report of Lennuliiklusteeninduse AS.

Of flights to and from Estonian airports, LOT-Polskie Linie was the biggest operator accounting for 27% of the total umber of operations, followed by airBaltic with 14% and Finnair with 13%. No significant changes took place in these ratios compared with 2017. 

The number of flights in Estonian airspace grew 7.4% year over year. In the busiest season, lasting from May to July, 759 flights on the average were registered per day, and for the first time ever the number of daily flights crossed the 800 mark. There were 11 such days for Lennuliiklusteeninduse AS in 2018, with 872 flights serviced on the busiest day. 

Free route airspace (FRA) flights made up about 35% of the total number of flights serviced by Lennuliiklusteeninduse AS last year.

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