Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Investments of over 12 million Leva in Black Sea airports in 2020

4.9 million is the number of passengers welcomed at Varna and Burgas airports last year which operate 35,000 flights by Bulgarian and foreign airlines.

Despite a 50 percent increase in traffic over the 2015-2018 period, the concessionaire of the two airports Fraport Twin Star Airport Management AD  registered a 10.7 percent drop in passenger traffic at the two airports in 2019. The target for 2020 is to reverse this tendency and return to growth. That is why efforts are being invested in popularizing the Bulgarian Black Sea coast as a destination that will meet the requirements of the most demanding of customers. The concessionaire company of the two airports will, once again this year, be taking part in the travel fairs in London, Berlin and Moscow, and will hold many meetings with representatives of European and world airlines. Each one of them has its own criteria for adding one destination or another to the ones they are already offering. Leading criteria include the amount of interest in travelling to a given destination and the tourist potential of the region in question. Another important factor is whether the airline is able to fly there regularly.


The investments the concessionaire is planning for the airports in Varna and Burgas in 2020 amount to over 12 million Leva. Over the past 13 years it has invested over 395 million Leva.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Survey: Almost half of Bulgarians sceptical about euro adoption

47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..

published on 5/10/24 10:39 AM

OECD expects inflation in Bulgaria to slow from 9.5% in 2023 to 3.0% in 2024

The Organisation for Economic Co-operation and Development (OECD) forecasts an acceleration in Bulgaria's economic growth from 1.8% in 2023 to 2.5% in 2024 and to 2.9% in 2025 as public investment increases along with EU funds. OECD expects inflation..

published on 5/2/24 5:42 PM

Zero VAT on flour and bread extended until end of 2024

MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most..

published on 4/30/24 6:09 PM