Billund Airport posts “reasonable” profit

Profit at Billund Airport A/S stands at DKK 31.4 million

Billund Airport’s annual report for 2011 shows a profit of DKK 31.4 million (€4.23 million) after a depreciation of DKK 46.1 million, net interest expenses of DKK 26.0 million and income tax expenses of DKK 10.7 million. Revenues in 2011 totalled DKK 558.9 million against DKK 538.6 million in 2010.
Billund Airport Chairman and Partner Bjarne Hansen: “Again this year, Billund Airport has come out with a reasonable result. The result reflects that Billund Airport is in a good and stable development, which builds on the strong performance from 2010.
There has been significant investment in the airport in recent years, with DKK 60 million invested overall in improvements and expansions.
“With these investments, Billund Airport is prepared for future growth in both the passenger and air cargo markets”, CEO Kjeld Zacho Jorgensen said. “We see great loyalty from citizens in Western Denmark to support the routes at the airport. With more than 2.5 million international passengers, Billund Airport’s position is consolidated as West Denmark’s international airport – a position we intend to maintain and develop.”
TTG Nordic
[pictured: Morning check-in; courtesy Billund Airport]

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