Weak results in first quarter – cost-cutting to continue
Avinor is continuing its efforts to reduce costs after posting a loss of NOK 46 million in the first quarter. Operating income in the first quarter amounted to NOK 2,587 million, compared with NOK 2,509 for the corresponding period in 2018. A loss after tax of NOK 46 million has been recorded, compared to a loss of NOK 36 million for the corresponding period in 2017.
“The first quarter is usually weak in the aviation sector, and this year is no exception. This stresses the importance of continuing our efforts to cut costs and further streamline the business,” says Avinor CEO Dag Falk-Petersen.
In keeping with the owner’s expectations of “more transport for every penny”, Avinor initiated a cost-reduction programme. The programme includes initiatives to reduce both operational and administrative costs. Safe and stable operations are a prerequisite of this.
“The company aims to be a preferred provider in a competitive market and continues its efforts in implementing the adaptations necessary to achieve this goal. Alongside cost reductions, we must maintain our focus on safe and efficient operations and continue our efforts to provide travellers the best possible experience,” continues Falk-Petersen.
Competition results in cost-cutting
In 2017, the Storting adopted a white paper on the operations of Avinor, stating that Avinor had to put air traffic control services out to tender. The goal is less expensive and/or better services. As a result of this, air navigation service contracts for Ålesund and Kristiansand airports were set out for competition last year. In February, Avinor’s board of directors agreed to award a five-year contract to the Spanish firm Saerco, starting on 1 March 2020. This will save Avinor around NOK 15 million annually.
Good customer service
In March, the international industry organisation for airports, ACI, named Oslo Airport and Bergen Airport as the best in Europe for customer service in their respective categories. Bergen also won the award for the airport with the best progress in customer service in 2018.
Download the interim financial report on Avinor.no: https://avinor.no/en/corporate/about-us/reports/reports
Om The Avinor Group
Dronning Eufemias gate 6
+47 67 03 00 00https://avinor.no/en/corporate/about-us/the-avinor-group/about-the-company
Følg saker fra The Avinor Group
Registrer deg med din epostadresse under for å få de nyeste sakene fra The Avinor Group på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra The Avinor Group
Direct flight to Konya from Avinor Oslo Airport13.6.2019 10:00:00 CEST | Pressemelding
Today, SunExpress opened a new direct flight from Avinor Oslo Airport to Konya in Turkey.
New Airport Director at Avinor Oslo Airport13.6.2019 09:46:20 CEST | Pressemelding
Executive Vice President for operations and infrastructure with Avinor, Stine R. Westby, has been appointed Airport Director for Oslo Airport. Airport Director Øyvind Hasaas will take over responsibility for the area of operations and infrastructure.
Decline in air traffic11.6.2019 11:53:51 CEST | Pressemelding
There was a slight decrease in the number of passengers at Avinor's airports in May compared to the same month in 2018.
AirBridgeCargo to add more seafood capacity from Oslo Airport27.5.2019 13:50:26 CEST | Pressemelding
AirBridgeCargo will from Tuesday May 28th, add a third weekly cargo departure from Avinor Oslo Airport.
Opening direct route between Avinor Oslo Airport and Kyiv21.5.2019 10:15:00 CEST | Pressemelding
On Saturday 26 October SAS will commence direct flights between Oslo and the Ukrainian capital Kyiv. The route will be operated three times weekly.
Hainan opens non-stop service between Avinor Oslo Airport and Beijing 15.5.2019 16:15:17 CEST | Pressemelding
Today history was made at Avinor Oslo Airport with the departure of Hainan Airlines. This is the first non-stop service between Norway’s main airport and the Chinese capital Beijing.
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom