Cornwall Airport sees passenger numbers climb close to 0.5m
Turnover and passenger numbers both increased in the year to 31st March 2019 at Cornwall Airport Newquay and are set to rise even further. This is the fifth year in succession that the airport has achieved growth and its continuing expansion is certainly providing a healthy boost to the county. For more information on this subject please read the bulletin below which was issued by Insider Media today.
Roger Mundy, Managing Director, Beardsley Theobalds, 9th October 2019
Airport closing in on 500k passengers
Newquay Cornwall Airport has increased turnover and boosted passenger numbers closer to 500,000, with the business hoping to increase revenue further on the back of its property business and further opportunities in satellite launch.
In the year to 31 March 2019, passenger numbers rose to 461,856, up from 459,059 in the previous year.
The airport expects a further boost of 10,000 passengers having transferred its London route to Heathrow from Gatwick.
Turnover was £8.88m, up from £7.9m, with the subsidy the airport receives from Cornwall Council reducing from £1.334m to £1.325m.
Al Titterington, managing director at Cornwall Airport Newquay, said: "In the financial Year 2018-19, over 461K passengers used the Airport, marking the 5th consecutive year of growth and the busiest year ever for Cornwall Airport Newquay.
"The growth was achieved primarily from a combination of the expansion of Ryanair’s Alicante service from seasonal summer only to a year-round operation, as well as increased passenger numbers on the primary domestic routes to London and Manchester.
"Despite the current challenges and uncertainties in the market we have continued to welcome new airlines and routes to our network this summer and expect to once again end the financial year in a strong position."