First three months far exceed plans

Compared to the same period last year, the first three months at Aerodrom Ljubljana ended with increased passenger and cargo business. Operating profits were as much as 62 percent higher, with net profits up 41 percent.

In the first three months of 2007, Aerodrom Ljubljana recorded 9,981 aircraft movements, an increase of 27 percent over the same period last year (22 percent of the annual plan). We served 253,693 passengers, which is 7 percent more than in the same period last year (18% of the annual plan). Of these passengers, 29 percent travelled on charter flights and 71 percent on scheduled services. Cargo business increased by 67 percent (4,890 tons) and reached 29 percent of the annual plan. The high growth in cargo carried by aircraft is a consequence of the establishing of the UPS air cargo centre for South Eastern Europe in November 2006.

The first three months of 2007 saw the generation of a total of EUR 6.856 million in operating revenues, which is 18 percent more than in the first three months of last year. Operating costs were 8 percent higher, but operating profits grew by as much as 62 percent. Net profits from the period amount to EUR 1.563 million, an increase of 41 percent over the same period last year.

Earnings grew in the first quarter in all categories, and given the seasonal nature of this business, their lag behind the total annual plan is in proportion. The airports quietest business period is in fact in January, February and March.

As for investments, the main focus of attention was on completion of the first phase of the new passenger terminal. With this building the airport will be in time to meet the requirements for providing a Schengen border point, and the opening ceremony for the first phase of the new passenger terminal will be held on 9 July 2007.                  

Zgornji Brnik, 29 May 2007