Norway's Avinor announced (07-Sep-09) it has requested the Ministry of Transport and Communications to freeze airport charges at their present level throughout 2010, due to the effects of the global financial downturn on the aviation industry. The airport management previously recommended an increase in charges of around 3.5% in 2010. Avinor stated it will seek to compensate for the loss of income through internal measures to improve results. Given unchanged traffic volumes, the changes will result in a loss of income of about EUR16.3 million for Avinor in 2010. [more]
Avinor requests no increase in airport charges in 2010
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After Norwegian entered long haul it met a sudden drop in profitability, suffering losses in 2014. Its results have recovered since then, leading to its highest ever net profit and operating profit in absolute terms in 2016. At first sight this might indicate that Norwegian's long haul has healed its growing pains, and is maturing into more sustainable profitability.
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AENA: Spain's airport operator must cut charges, but airline yields are already falling
After much delay, in late Jan-2017 the Spanish Council of Ministers approved the airport regulation document setting AENA's airport charges for the next five years. The headline numbers include a 2.2% annual decline in charges from 2017 to 2021, equivalent to an overall cut of 11% through the period.
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