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Rīga Airport's half-year performance data published

The turnover of Rīga airport in the first half of 2021 has been EUR 9.4 million but losses have also been as high, according to the airport's interim report published August 31.

In a statement, the airport said that its net turnover in the first half of 2021 was EUR 9.42 million, which is EUR 2.4 million or 20% less than expected in the 2021 budget. The second wave of Covid-19 spread in the European Union, which resulted in severe air traffic restrictions being imposed in Latvia for several months at the beginning of this year, reduced passenger traffic to a minimum.

The company's losses in six months amount to EUR 9.4 million, which is EUR 2.2 million less than expected. The loss was reduced by the careful use of resources, as well as the compensation for land for the construction of the Rail Baltica railway line and station of EUR 1.9 million, according to the statement.

Although there were positive trends in passenger traffic at the beginning of the summer – the number of travelers served doubled in June compared to May – the impact of the Covid-19 pandemic on airport performance remains high. In the first half of 2021, only 406 thousand passengers were served, which is 63% less than the company planned.

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