Results for: Avinor

The Avinor Group, Norway’s airport operator, has announced strong financial performance in the first half of 2024, driven by international passenger growth and strategic investments in sustainable aviation. Despite operational challenges, Avinor achieved a net profit of NOK 51 million, significantly improving from the previous year’s loss. The group’s focus on sustainable practices and infrastructure development, coupled with a commitment to cost reduction, underscores its long-term vision for the Norwegian aviation industry.

Avinor, Norway’s state-owned airport operator, is expanding its Remote Towers Program, adding seven new airports to the system by 2027. This expansion will see the Bodø Tower Center remotely manage a total of 18 airports, demonstrating Avinor’s commitment to efficient and sustainable air travel.

Avinor, the Norwegian airport operator, has reported a strong start to 2024 with increased revenue and passenger traffic. Despite challenging winter conditions, Avinor’s airports served over 10.8 million passengers in the first quarter, a rise of 3.5% compared to 2023. International traffic surged by 11.1%, while domestic travel saw a modest decline of 0.7%. The company’s operational efficiency and cost optimization measures have contributed to a rise in the passenger load factor per flight, leading to increased profitability. Avinor’s total operating revenue for Q1 2024 reached NOK 2,507 million, representing a 2.1% increase from the same period in 2023. The company anticipates further revenue growth in the coming quarters, fueled by increased traffic and commercial activities.