Newcastle Airport reaches New Heights in 2017
The North East’s largest airport, Newcastle International Airport, has today (4th October) announced the extent of its successful 2017, with figures showing the award-winning airport flying high as a result of continued passenger growth.
Passenger numbers rose 10% to 5.35m last year – the highest in a decade – and were driven by additional capacity with low-cost airlines, with more sunshine destinations and an enhanced winter flying programme.
The airport, which this year played the role of international gateway for the Great Exhibition of the North, also reported a revenue increase of 4% to £67.0m, supported by the increase in passenger numbers and a strong commercial performance. EBITDA* increased 16% to £38.7m and operating profit increased 24% to £27.8m. Profit before tax increased by £9.2m to £6.9m.
Across the year, more than £11.5m of investment was made, including an upgrade to the hold baggage handling and screening systems which was completed in early 2018. The new x-ray technology ensures the continued secure and efficient processing of hold baggage, whilst providing additional capacity to meet growth.
This year, Newcastle International Airport has further strengthened its range of mid-haul destinations with the launch of Thomas Cook’s service to Enfidha in Tunisia, as well as flights to Bodrum with Jet2.com and Thomas Cook, Antalya with TUI, Halkidiki with Jet2.com and TUI, and Dubrovnik with TUI.
Nick Jones Chief Executive Officer, at Newcastle International Airport, said: “2017 was another fantastic year for Newcastle International. Passenger numbers were the highest in a decade, making it the seventh year of continuous growth, and I’m pleased to see numbers continuing to increase through 2018.
“I’m also delighted that our continued commitment to customer service was recognised on a number of occasions in 2017, with titles such as ‘Airport of the Year’ at the North of England Transport Awards and best in category for customer service in Europe at the Airport Council International’s (ACI) Airport Service Quality Awards picked up in the last 12 months.”
Councillor Iain Malcolm, Leader of South Tyneside Council and Chair of the LA7 Airport Holding Company, said: “Newcastle International Airport is of enormous importance to our region. It not only enhances regional connectivity and provides a gateway to the rest of the world but it is a key economic generator for the North East by attracting inbound tourism.
“It is fantastic to see passenger numbers and performance continuing to grow, the airport offering journeys to more destinations than ever before and going on to win these prestigious awards. It is clear our investment strategy is paying dividends and that our airport remains strong in the international arena.”