Business News

Aerodrom Ljubljana Losses EUR 1.2m During Runway Overhaul

Ljubljana, 30 April (STA) - Aerodrom Ljubljana suffered an estimated EUR 1.2m loss of revenues as a result of the two-week renovation of the runway at Slovenia's main airport in April, CEO of the airport operator Zmago Skobir told daily Delo.

Skobir told Friday's edition of the daily that the loss would probably put Aerodrom Ljubljana's revenues for this year at around EUR 34m, which is on par with 2009 results.

The renovation of the runway at the Joze Pucnik Ljubljana Airport, during which passenger traffic was scaled down and flights redirected to Maribor airport, in part coincided with the air traffic disturbances caused by the volcanic ash cloud from Iceland.

"If the airport had been open, the closed airspace above Slovenia would have cost us EUR 50,000 to EUR 60,000 a day," Skobir explained after the airport reopened last Wednesday.

He noted that the damage caused by the ash cloud will have an affect on the entire air travel industry and that additional pressure on prices can be expected. "However, healthy companies will survive."

On the other hand, Skobir said that airports will no longer be in the position to yield to the demands of carriers for ever lower costs.

If development is to be upheld, Aerodrom Ljubljana will have to follow the example of some airports abroad and increase the prices of certain services, also for instance because of expanding security costs.

The crisis will delay some of the investment plans of the operator. Still, the company hopes to be able to launch a EUR 60m investment into a passenger terminal next year.

Slovenian flag carrier Adria Airways has meanwhile updated its assessment of the damage suffered between 15 and 21 April, when it had to ground its fleet because of the ash cloud.

While initial estimates put the damage at EUR 1.3-1.4m, Adria chairman Tadej Tufek told the STA on Thursday that the damage in fact stood at around EUR 3m.

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