COPENHAGEN: Copenhagen Airports has reported a 7.9% climb in non-aeronautical revenue, as group revenue grew by 10.1% to DKK2.1bn ($314.8m) during the first half of 2016.
Non-aeronautical revenue totalled DKK878.4m from DKK814.1m during the same period of last year. Concession revenue also increased 3.9% year-on-year in the first half of 2016 to DKK367.6 m from DKK353.7 m in 2015, driven by a jump in the number of departing passengers and an improved shop and brand mix of speciality shops and restaurants.
Copenhagen Airports has reported a 7.9% climb in non-aeronautical revenue, as group revenue grew by 10.1% to DKK2.1bn ($314.8m) during the first half of 2016.
Non-aeronautical revenue totalled DKK878.4m from DKK814.1m during the same period of last year. Concession revenue also increased 3.9% year-on-year in the first half of 2016 to DKK367.6 m from DKK353.7 m in 2015, driven by a jump in the number of departing passengers and an improved shop and brand mix of speciality shops and restaurants.
The airport saw a boost in passenger numbers, jumping 11% like-for-like in the first half of 2016. A total of 13,704,859 passengers passed through the airport. In particular, international traffic grew strongly in the first half of the year; 11.2% more people travelled on long-haul intercontinental routes, while European traffic rose by 11.3%. Domestic traffic also grew solidly and was 7.0% above the level for the first six months of 2015.
“The significant growth shows the improved connectivity of Denmark not only for Danes but also for foreign tourists and business travellers. This is a key area of focus for Copenhagen, and we’re delighted that our strategy to improve Denmark’s connectivity is bearing fruit,” said Copenhagen Airports CEO Thomas Woldbye.
“We’re still investing at a very high level. Our strategy is to expand and develop the airport in line with the increase in passenger numbers. In the spring, we began a major expansion of our central security checkpoint at a cost of more than DKK250 million, which will double the area and increase the number of security lanes when it is finished next year,” added Woldbye.
