Lithuanian Airports, €18.4 revenue for 3Q 2015

Lietuvos Oro Uostai (Lithuanian Airports), the operator of the country's three major international airports, posted 18.432 million euros in revenue for the three quarters of this year, up 11.7% from 16.497 million euros in the same period last year.

The company's net profit fell by 1.4% year-on-year to 2.556 million euros, according to its report for the three quarters.

Passenger traffic at the three airports rose by 10.1% year-on-year to 3.199 million, with Vilniaus Airport accounting for 78% of the total number with 2.521 million passengers, Kaunas Airport for 15% with 567,400 and Palanga Airport for 7% with 110,500 passengers.

Year-on-year, passenger numbers increased by 12.8% in Vilnius and by 8.1% in Palanga and remained almost unchanged in Kaunas.

Regular scheduled flights were operated from the Lithuanian airports to 71 airports in 59 cities. The top destinations were London, Frankfurt, Riga, Milan, Copenhagen and Moscow.

Ryanair remained the number-one airline with a 34% share of the total passenger traffic at the Lithuanian airports, followed by Wizz Air in second place with 21%. Overall, budget carriers accounted for 55% of the total passenger numbers.

Lithuania's airports served almost 37,900 flights during the three quarters, a rise of 5.1% year-on-year.