Photo: bud.hu

Government official: Budapest airport’s repurchase ‘strategically important’

The repurchase of Budapest's Liszt Ferenc International airport by the Hungarian state has been of strategic significance, Csaba Domotor, state secretary at the prime minister's office, said on Monday.

The airport is “a gateway to the country, to 15 million passengers, which number could even double in future,” he said on Facebook.

It reflects well its strategic importance that its turnover has tripled over the past 20 years and nearing records of pre-pandemic levels, Domotor said.

“The airport generates profit for the country with a potential to pay a dividend of up to 35 billion forints (EUR 90m), “so it doesn’t take money, it brings money to the state.”

The government announced in June the acquisition of an 80 percent stake in Liszt Ferenc operator Budapest Airport, partnering with French airport company VINCI which acquired a 20 percent stake.

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