Edition 1513
16 February 2019
Edition: 1513

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Airport taxes up in Faro and Porto

in News · 17-01-2019 12:08:00 · 0 Comments

Airport taxes in Porto and Faro have increase by 1.4 percent and 1.49 percent, respectively, according to a decision made by the Executive Committee of ANA - Aeroportos de Portugal.

The increases come after a complicated process, where increases at Lisbon airport have been delayed and should only come into force in March. 
“In absolute terms, the increase in revenue regulated by terminal passenger per airport” is 11 cents in Porto and 12 cents in Faro, the document reads that the “absolute changes proposed do not constitute any excessive tariff variation, because they are below the inflation rate (1.8 percent) and, equally important, they do not jeopardize the activity and tariff competitiveness of ANA’s airports.” 
The proposal for a 1.40 percent average overall increase for Porto is based on an estimate of almost 12.5 million passengers bound for that city, a regulated revenue of 100.8 million euros and a regulated revenue per person of 8.06 euros. The increase in revenue is expected to be close to 1.3 million euros. 
 As for the 1.49 percent rise in Faro rates, ANA reported an estimated 8.8 million passengers, a regulated revenue of 72.7 million euros and a regulated revenue forecast for 2019 per person of 8.21 euros. 
 In Lisbon, the consultation process for updating the values began in September 2018, but in early October the industry regulator (ANAC) imposed a suspension, after verifying “a contradiction” between the concession agreement and the calculations made. 
It was resumed on November 26, recalled ANA - Aeroportos de Portugal, which reported in the same deliberation that the average increase in regulated rates, in annual terms, in Madeira is 0.01 percent, in the Azores is 1.38 percent, while in Beja there will be no increases.

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Edition 1513
16 February 2019
Edition: 1513

Read this week's issue online exactly as it appears in print.

Twitter

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