Eng. Kamal bin Ahmed Mohammed, Bahrain’s Minister of Transportation and Telecommunications and chairman of Gulf Air Group Holding (GFG) said the airport reported a profit of $51 million (BD19.3) on last year, up 49%.The airport increased its revenue by 21%, to $135m (BD51m) thanks to a surge in cargo traffic.
Bahrain also attracted a number of new airlines to operate out of Bahrain International, which saw greater revenue from landing fees, passenger service charges and heavier footfall through retail areas.The airport’s non-aero revenues, increased by 28%, largely due to property and real estate income (33%) and retail concession income (31%).
“The launch of the new passenger terminal building later this year, which will increase BIA’s capacity to 14 million passengers a year, is expected to generate even further growth across both aero and non-aero revenue streams," said Eng Kamal bin Ahmed Mohammed.
Source: Arabian Business