International traffic drives growth at CPH

Copenhagen sees 12.9% rise in intercontinental traffic

Copenhagen Airport generated 3.1% growth in passenger numbers in the first nine months of 2012, on the back of a 12.9% increase in intercontinental traffic. The result appears to strengthen the airport’s position as the predominant northern European transport hub. A busy summer season helped boost passenger numbers at Copenhagen Airport to 17.8 million during the period.
Transfer traffic was up by 8.5% in the period. But overall numbers were dragged down by domestic traffic, which fell 20.3%, due largely to the bankruptcy of Cimber Sterling.
Overall revenue increased by 5.5%, and profit before tax excluding one-off items was up by 13% to DKK 925.3 million (€124 million), driven by higher passenger numbers, growing revenues from the shopping centre and lower financial costs.
Keeping the focus on CPH’s strengths rather than weaknesses in 2012, Thomas Woldbye, CEO of Copenhagen Airports A/S said in a statement: “Significant investments […] have contributed to the 12.9% increase in intercontinental traffic in the first nine months of the year, primarily driven by the new SAS service to Shanghai and increased capacity on the services to Middle East destinations Dubai, Doha and Bahrain.”
[pictured: View over Øresund; photo courtesy Copenhagen Airport]