- Moderator
- #1,421
Cardiff Airport has posted it's first profits in 8 year's.
Based on Ebitda it posted in March 2018 a profit of £7000 compared to a loss of £800,000 the year before.
On the pre-tax measure though it's still £6.6 million in the red.
Revenue for the year was up £16.6 million to £17.9 million.
Revenue at the airport consists of £9.6 million in traffic income, £7.1 million in commercial income and £1.1 million in tenant income.
Of the £38 million loan £30 million had been drawn down on with a repayment period of 20 year's.
The number of inbound passengers grew from 24% to 30%.
https://www.walesonline.co.uk/business/business-news/cardiff-airport-profit-first-time-15228561
Based on Ebitda it posted in March 2018 a profit of £7000 compared to a loss of £800,000 the year before.
On the pre-tax measure though it's still £6.6 million in the red.
Revenue for the year was up £16.6 million to £17.9 million.
Revenue at the airport consists of £9.6 million in traffic income, £7.1 million in commercial income and £1.1 million in tenant income.
Of the £38 million loan £30 million had been drawn down on with a repayment period of 20 year's.
The number of inbound passengers grew from 24% to 30%.
https://www.walesonline.co.uk/business/business-news/cardiff-airport-profit-first-time-15228561