Bruce Barnard, Special Correspondent | Aug 20, 2012 10:01AM EDT
Amsterdam Schiphol airport’s net profit fell in the first half but revenue increased as higher passenger numbers outweighed lower cargo traffic.
Revenue was up 5.5 percent at 637 million euros ($784 million) in the six months to June 30 from 604 million euros($221 million) in the year earlier period, while net profit dipped 4.9 percent to 93 million euros ($114 million).
Amsterdam’s cargo traffic declined 3.2 percent to 729,000 metric tons from 753,000 tons in the first half of 2011, but this was sufficient to reclaims third place in Europe’s air freight rankings from London Heathrow, which handled 726,000 tons in the same period.
The termination of full freighter flights by China’s Jade Cargo International at the end of 2011 culled the number of Asian destinations served from the Dutch airport.
Passenger numbers were up 3.7 percent in the first half at 23.9 million.
Contact Bruce Barnard at brucebarnard47@hotmail.com.
