Bucharest-Baneasa International Airport hits 22.2 M lei in H1 profit

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The Bucharest-Baneasa Aurel Vlaicu International Airport (national company) posted up 22,134,925 lei in profit in the first half of 2009, on the background of an increase by 25.92 percent in the number of passengers, up to 935,835, compared with 743,207 in the same interval in 2008.

According to the report released on Thursday, September 3, by the Ministry of Transport and Infrastructure (MTI), the total number of flights to and from the airport stood at 15,249 January through June, that is a growth by 17.82 percent compared with the first half in 2008, when there were recorded 12,943 flights in total.

The main revenues are represented by the airport taxes charged from such airlines using the airport and represent 80 percent of the total revenues of the company, according to the MTI.

Revenues also come from the rents of the various spaces within the airport (12 percent of the total revenues), as well as from other sources – 8 percent.
While the Baneasa Airport, the biggest in Romania, is continuing to watch increases in the number of passengers, the Henri Coanda Airport, also based in Bucharest, reported a 15-percent drop in the traffic January through May.

With regards to the airlines, Blue Air and Wizz Air, the first two low-coast players on the market, recorded two-digit growths in the number of passengers, while Tarom, the largest airline in Romania, reported a drop by 13.9 percent in the number of passengers over January-May, 2009, according to data provided by the Association of European Airlines (AEA).

In Romania, there currently function 17 airports, with a total traffic standing at 9.1 million passengers, in 2008.

Airports in Bucharest (Otopeni and Baneasa) and those in Timisoara (western Romania), Cluj (central-west) and Iasi (eastern), the largest five airports in the country, account for almost 8.6 million passengers on an annual basis, according to AEA.

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