MADRID, Feb 24 (.) – Spanish airport operator Aena said on Wednesday that it posted losses in 2020 after air traffic around the world plummeted due to travel restrictions imposed to curb the COVID-19 pandemic.
Aena recorded a net loss of 127 million euros (154.34 million dollars) in 2020, compared to a net profit of 1,442 million euros a year earlier, as passenger traffic plummeted around 70%, said the company on Thursday.
Total revenue fell by around 50% to 2,243 million euros, the company said.
“In the short term there are no signs of recovery in traffic due to the new wave of infections that is spreading in Europe and the different restrictive measures applied by different European countries in response to it. In the current circumstances it is not possible anticipate when the recovery will begin, “the company said in a statement.
The company has been forced to keep its airport fees unchanged for 2021.
(Information from Inti Landauro, edited by Louise Heavens; translated by Tomás Cobos)