newstodate.aero
Aug 20, 2010 (newstodate): Estonian handling company Tallinn Airport GH, owned by the airport, reported a good performance in 2009, despite falling passenger volumes at the airport.
Thus passenger volume dropped by 24 percent, but the handling company's turnover increased by 74 percent, while profits doubled compared to the preceding year.
The positive development was spurred by the decision by Estonian Air in 2008 to lay down its own handling, transferring this business to Tallinn Airport GH instead.
This made the handling agent the airport's sole provider.
But this will change as the Latvian ground handling company will set up at the airport by November 1, 2010, to provide handling for airBaltic that will thus leave Tallinn Airport GH's customer portfolio.
The Latvian carrier generates a significant, and growing, portion of the passenger throughput and aircraft movements at the airport.
Tallinn Airport GH is, however, saved from more competition until the airport's passenger volumes reach and exceed the two-million mark set by EU as the limit for allowing free third-party handling competition.
Thus passenger volume dropped by 24 percent, but the handling company's turnover increased by 74 percent, while profits doubled compared to the preceding year.
The positive development was spurred by the decision by Estonian Air in 2008 to lay down its own handling, transferring this business to Tallinn Airport GH instead.
This made the handling agent the airport's sole provider.
But this will change as the Latvian ground handling company will set up at the airport by November 1, 2010, to provide handling for airBaltic that will thus leave Tallinn Airport GH's customer portfolio.
The Latvian carrier generates a significant, and growing, portion of the passenger throughput and aircraft movements at the airport.
Tallinn Airport GH is, however, saved from more competition until the airport's passenger volumes reach and exceed the two-million mark set by EU as the limit for allowing free third-party handling competition.