- By country
- By industry
- By topic
- Top 100
SOFIA (Bulgaria), November 3 (SeeNews) - The combined passenger traffic at the Bulgarian coastal airports of Varna and Burgas is expected to increase by 5% year-on-year in 2017, Germany’s Fraport Group, which operates the airports, said on Friday.
"The Executive Board expects the Varna Airport to see a rise of over 10%, which is primarily due to the increased activity on the part of the low-cost carriers. The Burgas site is expected to report only slight growth," Fraport said in a statement.
The combined number of passengers at the airports of Varna and Burgas rose 6.4% year-on-year in the first nine months of 2017, reaching 4.68 million, Fraport said earlier. Traffic at the Varna airport increased 12.3% year-on-year to 1.7 million in the first nine months of 2017, while passenger traffic at the Burgas airport rose 3.2% to 2.9 million, Fraport said at the time.
In 2006, Fraport Twin Star Airport Management, a 60/40 joint venture of Fraport and Bulgarian company BM Star, won a 35-year concession to manage the two airports.