ABERDEEN Airport saw a significant increase in both passengers and profits last year, with nearly 300,000 more people flying in and out, leading to a 12% jump in revenue and a remarkable rise in earnings.
The latest financial reports from Companies House reveal that Aberdeen International Airport Ltd’s total sales climbed to £51.9 million in 2023, marking a 12% increase from the previous year’s £46.3 million.
The company’s profits also saw a substantial rise, soaring to £6.8 million from £266,000 in the same period.
Passenger traffic at Aberdeen Airport skyrocketed to 2.3 million last year, with international flights increasing by 24% and domestic flights seeing a 9.3% rise.
To accommodate this growth, the airport invested £2.6 million in major projects for 2023, building on the £2.3 million spent on upgrades in 2022.
In his strategic report, Director Andy Cliffe highlighted the improvements made in enhancing the “passenger experience” and “operational readiness” at Aberdeen Airport. He commented:
““Major projects included the ongoing programme of airfield pavement re-lifing works, surface access barrier equipment replacement and essential re-lifing works to major assets within various operational buildings including roofs and electrical infrastructure.”
Looking forward, the company anticipates that passenger numbers will continue to grow. It points to a “positive” outlook for the oil and gas sector, with the government announcing new licenses to bolster the UK’s energy security in preparation for a transition to net zero by 2050. This, according to Cliffe, is supported by local businesses diversifying into the renewable energy sector.
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Aberdeen Airport’s parent company, AGS Airports Limited, which also operates airports in Glasgow and Southampton, also saw a rise in turnover last year.
