Tallinn Airport is about to complete construction of a new cargo and MRO apron

In the third quarter of 2021, 501,782 passengers passed through Tallinn Airport, almost 2.5 times more than in the same period of the previous year. The increase in the number of passengers is also reflected in good commercial results, a remarkable performance among European airports.

While in the first half of the year the number of passengers was around 19% of the pre-crisis level, then with the introduction of the EU’s COVID digital certificate on July 1, the number of passengers reached 52% of 2019 volume in the third quarter. “The average seat occupancy rate exceeded 70% in July and August, but fell to 64% in September due to the end of the holiday season,” said Riivo Tuvike, chairman of the board of directors of Tallinn Airport and stressed that a good summer has also given airlines courage, and this year’s winter program will have more destinations than in summer.

“Unlike usual, airlines plan to add frequencies on a number of existing routes in the fourth quarter and a number of new connections to continue to meet strong domestic demand.”

The increase in the number of passengers was also reflected in the growth of non-aeronautical revenues, mainly from passenger and aircraft services. “In nine months, the group achieved 18.2 million euros in turnover, or 11% more than in the same period of the previous year. Sales for the third quarter alone increased by 3.5 million euros compared to the third quarter of the previous year. Revenues related to passenger and aircraft services increased the most, while revenues related to parking, for example, also increased by the same amount. ”

Despite the good results, Tuvike considers it important to continue to manage the business prudently and to increase costs under control given the increasing number of passengers. “Today we can say that we are emerging from the crisis, but that does not mean that we should forget the lessons learned over the past year and a half. We always consider wise and critical financial decisions and investments in strategically important areas. During the nine months of this year we have invested a total of 25.7 million euros and I am delighted to announce that in November we will be opening a new apron specially designed for freight and MRO operations.

In the third quarter, a new 1 MW solar park was completed at Tallinn Airport, and in the coming years, new solar parks will be built at all of our airports. “Today, we produce almost 10% of all our energy needs on site and from the sun. We are moving towards our goal of producing 30% of our energy needs ourselves by 2024, which is a big step forward in achieving carbon neutrality by 2030. ”

In nine months, Tallinn Airport served 785,054 passengers and 18,107 flight operations were carried out. Today, Tallinn Airport is approaching its goal of serving 1.2 million passengers by the end of the year.

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