Passengers down 30%
26.02.10
The Chief Executive at Norwich Airport has predicted a return to growth this year after a 30% slump in passengers saw its revenues fall by £2.4m, EDP reports. Elliott Summers said passengers will fall from 575,000 in 2008/09 to 404,000 for the year ending next month, while turnover is expected to drop from £12.4m to £10m. Losses are expected to climb from £1.36m despite big cost cuts.
But despite tough trading conditions, Mr Summers told the newspaper that an extra eight charter flight destinations would spearhead growth in passengers in coming years, with 475,000 forecast in the 2010/11 financial year. He also revealed that he is in talks with airlines over new services from Norwich to Newcastle, Belfast, Dublin, Glasgow, Brussels and Dusseldorf.
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