HungaroControl manages navigation of over 1 mln aircraft

Telco

HungaroControl assisted with the navigation of more than 1 million aircraft last year, including a 23% increase in air traffic in the high-altitude air corridors over Kosovo, HungaroControl told state news wire MTI on Monday.

Hungarian air controllers helped with the navigation of about 758,000 overflights over Hungary while landings and takeoffs at Ferenc Liszt International Airport increased 6.5% to almost 122,000 in 2019.

Air traffic in the high air space over Kosovo, which HungaroControl has been in charge of controlling since last spring for an indefinite period under a decision of the North Atlantic Council (NAC), increased 23% to more than 142,000 last year.

HungaroControl projects revenue of HUF 37 billion in 2019 according to preliminary figures, with pre-tax profit expected to exceed HUF 2.5 bln.

Hungary Account Deficit at EUR 561 mln in Q4 Debt

Hungary Account Deficit at EUR 561 mln in Q4

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.