Photo: bud.hu

Government official: Budapest airport expected to yield up to HUF 60-80 billion per year

The Liszt Ferenc International Airport is estimated to yield up to 60-80 billion forints (EUR 151.8m-202.5m) a year, Csaba Domotor, a state secretary of the cabinet office, said on Thursday.

Domotor said on Facebook that multiple “left-wing media outlets” had recently published reports about the state’s reacquisition of the airport suggesting that the transaction was not worthwhile.

He said these reports ignored the fact that passenger traffic at the airport was constantly rising and would soon set a new record. This, he said, could bring the state an even bigger annual profit than the 30 billion forints seen in 2022.

The state secretary said interest on inter-company loans given by the airport was also generating income for the state.

“All in all, even a conservative estimate indicates that the two sources of revenue can generate an annual 60-80 billion forints, which could be increased significantly in the future through a successful management of the airport,” Domotor said.

Leave a Reply