Stable Q3 for Avinor
Avinor’s operating income during the third quarter was NOK 3.2 billion. Profit after tax was NOK 770 million, compared with NOK 704 million in the corresponding period in 2018.
“We experienced quality, safe and efficient operation at our airports in Q3. We cut our overheads further and maintained revenues,” says CEO Dag Falk-Petersen.
The Group’s operating income in the third quarter amounted to NOK 3,244 million, compared with NOK 3,249 million for the corresponding period in 2018. Adjusted for Haugesund Airport, which was leased out in May 2019, traffic increased by 0.7 percent measured in number of passengers.
Total operating expenses including the cost of sales amounted to NOK 1,568 million, compared with NOK 1,679 million for the corresponding period in 2018.
Profit after tax was NOK 770 million in the third quarter, compared to NOK 704 million in 2018. The Group made a profit after tax of NOK 364 million, between 01.01 - 30.09.2019, compared to NOK 887 million for the corresponding period in 2018. The change in profit was primarily due to increased provisions for estimated cleanup costs related to environmental contaminants at Avinor’s fire training sites. See the interim report for Q3 2019.
Remote Towers milestone
The Remote Towers project reached an important milestone on 19 October 2019, when Røst airport was the first airport to be approved by the Norwegian Civil Aviation Authority for remote tower operations. Avinor has a new remote tower Centre in Bodø under construction, scheduled for operation in the second half of 2020. Avinor plans remote tower services for up to 15 airports from the new centre by the end of 2022.
Bodø project progresses
After having examined five development options for a new airport at Bodø, the project was given the go-ahead on 22 October 2019. The pilot project should be completed by the end of 2020. Quality assurance of the project is also in progress under the auspices of the Ministry of Transport and Communications, and the Ministry of Finance. The final financing of the project is yet to be decided.
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Decline in air traffic after summer10.9.2020 13:45:55 CEST | Pressemelding
New figures show a 60 percent decrease in traffic at Avinor's airports in August compared with August in 2019.
The pandemic weakens Avinor's earnings26.8.2020 10:45:00 CEST | Pressemelding
The corona crisis has sharply weakened Avinor's results and solvency. Grants from the Norwegian government ensures continued operation.
First in the Nordics with electric buses between plane and gate18.8.2020 19:16:29 CEST | Press release
On August 18, 2020, Avinor Oslo Airport became the very first airport in the Nordic region to use electric buses to carry passengers between gates and planes.
Covid-19 testing centre established in baggage hall at Avinor Oslo Airport17.8.2020 11:18:58 CEST | Press release
Working in partnership with the municipality of Ullensaker, a testing centre was established adjacent to belt 1 in the baggage hall at Oslo Airport on Thursday 14 August. This is available for use by passengers arriving from abroad who wish to take a Covid-19 test.
Increase in air travel during July10.8.2020 23:09:57 CEST | Press release
1.8 million passengers travelled to and from Avinor's airports over the course of July. This is a significant increase of 71 per cent compared with June, but still remains far from the normal situation for aviation.
79.8 per cent decrease in passenger traffic at Avinor’s airports in June9.7.2020 10:35:03 CEST | Pressemelding
The traffic statistics for Avinor in June shows a 79.8 per cent decrease in passenger traffic compared to 2019. The international traffic is reduced by 96 per cent compared to last year.
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