CPH, Pier, expansion, Copenhagen airport, charges, fees, airlines, reduction, strategy, finance
The projected extension at CPH (image: Copenhagen Airports)

CPH cuts airport charges for airlines

Copenhagen Airport approves a new five-year deal on fees that comes on top of a reduction already in place.

Copenhagen Airport is planning to implement a new five-year deal on charges with the airlines that make up most of its traffic, Airport Technology reports.

The agreement concerns airport fees on using the airport until the end of 2023, while also laying the foundations for continued expansion and growth at the airport.

The charges, which will be effective from April 1 next year until December 31, 2023, are for use of the runways, terminals and services.

Under the deal, the prices will be almost 5% lower next year compared to this year and will then increase slightly during the rest of the period.

The cut will be on top of a 10% reduction already implemented, which took effect earlier this year on April 1.

New strategy
“The new agreement runs for almost five years and provides a good, stable foundation for our ambitious investment plans,” said airport chief executive Thomas Woldbye.

“Last year, the Danish government presented a new national aviation strategy. Copenhagen Airport fully supports the objectives of the strategy, which focus particularly on increasing Denmark’s international and domestic accessibility.

“It has therefore been decisive for us to create a solid framework for our finances so that we can uphold a high investment and expansion level.”

CPH will now present key elements of the new agreement to airlines that are not already part of it, as well as to the Danish Transport Authority for approval.

The deal looks ahead to a new Pier E to manage large long-haul aircraft, which will feature new aircraft stands and gates, baggage systems and other facilities.

Related stories

SIA – and SAS – to go daily to Singapore with A350

Transfer traffic revives fortunes for CPH

CPH cuts prices for airlines