Photo: Budapest Airport / Robert Baranyi

Budapest Airport closes worst year ever in 2020

Budapest Airport, the operator of Budapest's Liszt Ferenc International Airport, closed its worst year on record in 2020, the operator said on Friday.

The company was 110 million euros in the red at the end of the year, with 118 million euros net revenue, down 65 percent from 2019, the statement said.

The owners of Budapest Airport have ploughed the 2019 profits into crisis management, it said adding that the company financed its operation from its own resources and, to a lesser degree, from market-based resources. Budapest Airport also implemented developments to the tune of 81 million euros, it said.

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