Riga Airport receives approval for business plan and strategy

Riga International Airport announced (18-Dec-2015) its business strategy for the period until 2036 and the business plan for the period until 2020 were approved at the shareholders meeting on 18-Dec-2015. The strategy emphasises Riga Airport's essential role in the Latvian aviation industry and in facilitating the growth and development of the national economy. The airport aims to increase the number of routes to "destinations of strategic importance", as well as improving the service quality while maintaining cost efficiency and boosting the airport's non-aviation income. Relying on the positive development of the above factors, Riga Airport expects the annual passenger traffic to reach seven million over the coming 20 years. The airport aims to make major investments in terminal expansion over the coming seven-year period, with schedules in place for the construction of new boarding gates, bigger lounges, new commercial areas, as well expansion of the check-in hall, construction of a baggage sorting facility, new car parks and direct connection to a railway station. The development of the aerodrome and the airport's public infrastructure is planned with the view on the achievement of climate policy objectives (construction of the second rapid-exit taxiway, reconstruction of the technical services building and the lighting system as well as reconstruction of the storm water drainage system on the airport landside etc). [more - original PR - English] [more - original PR - Latvian]