ADVERTISEMENT

Hungary’s commercial air traffic increases by 11.5% y.o.y.

City

Hungary’s air traffic increased to 700,818 aircraft flying in Hungarian airspace in 2014, up 11.55% from 2013, online business portal napi.hu reported yesterday. 

The highest figure ever recorded was due to geopolitical factors, namely the Ukrainian crisis and the opening of the Kosovo high altitude airspace, while the traffic at Budapest airport has shown moderate growth after several years of decline.

Air traffic control company HungaroControl Zrt.’s profit reached HUF 1.52 bln and its sales revenue is expected to grow this year, along with increasing air traffic, which was 16% more in the first five months of 2015 as compared to the same period a year ago.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Erik Slooten Triumphs at BBJ Expat CEO Gala Social

Erik Slooten Triumphs at BBJ Expat CEO Gala

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.