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​Avinor in the second quarter: Big events for the first half of the year at Avinor

Press Release   •   Aug 16, 2017 17:39 BST

Avinor's operating income for the first half of 2017 was NOK 5,595 million compared to NOK 5,043 million in the corresponding period in 2016. Profit after tax was minus NOK 230 million for the first half of the year compared with NOK 346 million for the corresponding period in 2016.

The change in the profit after tax can mainly be ascribed to the increase in provision for pension and environmental liabilities, the financial settlement agreement with the Norwegian Armed Forces for the 2010-2016 period and costs resulting from the completion of development projects.

The group's modernisation programme has realised and exceeded its target for Q2 by achieving NOK 500 million in savings.

Major projects completed

The new, extended terminal areas at Oslo Airport were officially opened on 27 April. The extension project was completed and the facilities were opened for use on time, within budget and with excellent operational results.

The new terminal in Bergen Airport opens on 17 August and will also be completed on time and within budget.

On 29 May, Stavanger Airport celebrated its 80th anniversary in operation. The day was celebrated with a number of events, and a topping-out ceremony was held to celebrate the extension of the terminal. The extension project is on schedule and will be completed in 2018.

Increased traffic

Air traffic measured in the number of passengers travelling through Avinor's airports during the first half of the year increased by 4.3% compared with the corresponding period in 2016. International traffic had the biggest increase of 7%. Domestic traffic increased by 2.7%. Oslo Airport grew by 7.3%, while the combined growth of other airports came to 1.2%.

The Owner's Report and the National Transport Plan

Avinor's Owner's Report and the 2018-2029 National Transport Plan were adopted by the Storting (the Norwegian Parliament) in June. Among other things, it has been decided that Avinor will plan a third runway at Oslo Airport, as well as build a new airport in Bodø.

The Remote Towers project is on schedule

The Remote Towers project is a pioneering project in the field of air navigation services. The project is going according to plan, and the areas for the first five towers that will be remotely controlled from the centre in Bodø have been completed. An important milestone was achieved on 8 June, when live images were sent from Røst Airport to the Remote Tower Centre in Bodø.

Very regular and punctual

Over the past 12 months, average regularity for aviation traffic has been recorded at 99% and average punctuality has been recorded at 87%. Norwegian regional airports are among the most punctual in the world, while Oslo Airport is among the most punctual in Europe within their category.

Read the report on Avinor.no

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Avinor is responsible for the 45 state-owned airports and air navigation services for civilian and military aviation in Norway. This network links Norway together - and links Norway to the world.

Avinor is a driving force in environmental work in aviation and a driving force to reduce the combined greenhouse gas emissions from Norwegian aviation. The company has a leading role in the work on developing and delivering biofuel for aircraft. Every year Avinor contributes to safe and efficient travel for around 50 million airline passengers. Around half travel to and from Oslo airport.

More than 3,000 employees are responsible for planning, developing and operating airports and air navigation services. Avinor is funded by aviation fees and commercial sales at the airports.

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