Good developments for Avinor in first half of 2018
More passengers and increased commercial income contributed to an increase of 3.4 per cent in Avinor’s operating revenue in the second quarter. Profit after tax for the first six months comprised NOK 183 million.
“For the first half of the year Avinor has delivered secure and good operations, while at the same time continuing to reduce costs and increase operating revenues. This provides a solid base for the well-functioning aviation system in Norway,” says CEO Dag Falk-Petersen.
The Group’s operating income in the second quarter amounted to NOK 3,051 million, compared with NOK 2,950 million for the corresponding period in 2017. The Group’s profit after tax for the first half of the year was NOK 183 million, compared to minus NOK 230 million for the corresponding period in 2017. The change is primarily due to high one-off costs in the second quarter of 2017.
Anne Carine Tanum was elected the new chair of the board of Avinor AS at its annual general meeting on 13 June 2018.
On schedule with cost savings
The forecast savings due to the Group’s modernisation programme exceed the targets. The programme’s cost savings target is NOK 600 million per year from 2018 in relation to the Group’s previous financial long-term plan from 2013 (baseline). Although the programme’s goals are expected to be achieved by a good margin, work continues on cost-reducing measures and efficient operations.
High punctuality, but below targets
As at 30 June 2018, average punctuality and regularity for the past 12 months were 98 per cent and 83 per cent, respectively. These are good figures in an international context, although Avinor has set a higher target for punctuality. Measures to further improve punctuality are being reviewed together with the airlines and other stakeholders at the airports.
Outsourcing operation of Haugesund Airport
In December 2016, the Ministry of Transport and Communications decided to start work on outsourcing the operation of Haugesund Airport on a service concession. Following negotiations, it has been decided that Lufthavnutbygging AS and Widerøe Ground Handling AS will be responsible for the operation of the airport for 20 years from March 2019 via a newly established company.
No operation of Fagernes Airport
Operations at Fagernes Airport ceased on 1 July 2018. No local actors who want to take over operations have been put in place. As requested by the Ministry of Transport and Communications, Avinor will ensure that the airport can be operated commercially by potential actors for the next three years. Sporting aviation and possibly other activities will also be facilitated in the region.
Increased capacity at Oslo Airport
As a result of the increased volume of traffic to and from non-Schengen destinations, a decision has been made to expand terminal capacity at Oslo Airport. The project entails a 28,000 sq. m. extension of the east pier and new aeroplane stands. The target completion date is the first half of 2022.
On 14 August 2018, Avinor and Worldwide Flight Services signed a letter of intent concerning the operation of a new seafood centre for airfreight at Oslo Airport.
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Finnair opens direct route from Trondheim19.3.2019 12:58:40 CET | Pressemelding
In partnership with Widerøe, Finnair will open a new direct route between Avinor Trondheim Airport and Helsinki in June, with five weekly departures. At the same time, the airline will also increase the number of flights between the Finnish capital and Tromsø Airport.
Traffic growth in Bergen13.3.2019 09:49:09 CET | Pressemelding
Overall, Avinor saw moderate growth in the number of air passengers in February, compared to the same month in 2018. At the same time, the number of flights in Norway is decreasing.
Named best airports in Europe6.3.2019 08:00:00 CET | Pressemelding
Avinor Oslo Airport and Bergen Airport Flesland have both been named Europe’s best for customer service in separate categories. Bergen also won the award for the airport with the best progress in customer service in 2018.
CAL Cargo Airlines to double its presence at Avinor Oslo Airport28.2.2019 11:56:21 CET | Pressemelding
Starting Friday March 1st, CAL will add a second weekly rotation from Oslo Airport to Tel Aviv. The new departure will be on Fridays, adding 3.500 tons of seafood capacity from Oslo airport to Israel annually, to an estimated export value of over 200 million NOK.
Gdansk becomes Bodø’s first year-round international destination21.2.2019 09:33:01 CET | Pressemelding
Wizz Air will launch direct flights between Avinor Bodø Airport and Gdansk with two weekly departures as of 22 May 2019. The new route will provide approximately 19,000 seats between Bodø and Gdansk every year.
Loganair takes over Flybmi routes18.2.2019 18:00:00 CET | Pressemelding
Loganair has stepped in to secure key air routes from Aberdeen to Avinor Oslo Airport and Newcastle to Stavanger Airport following news that flybmi has gone into administration.
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