Macau Airport Reported a Reduction

Macau airport operator declared a decline of 567 million patacas (about 66 million euros), an increase of 9.1%, because of to the continuing effects of the pandemic.

According to the financial report of CAM – Sociedade do Aeroporto Internacional de Macau, printed in the official bulletin of the Chinese location, revenues fell 26.7% previous calendar year to 426 million patacas (about 50 million euros).

“The ups and downs of the pandemic seriously influenced daily operations, financial revenues, and even the implementation of business enterprise development ideas and infrastructure tasks at the airport,” CAM lamented.

Last year, Macau Airport recorded 13,642 landings and takeoffs, down 13.6 p.c from 2021, though passenger traffic dropped by practically fifty percent to a lot less than 600,000.

Nonetheless, CAM assures it has the “economic energy to respond to financial changes and aid the charges vital for upcoming advancement,” thanks to a money enhance to 6.28 billion patacas (730 million euros).

Having said that, according to professionals, 2023 is predicted to be a dazzling year for the Macau airport company soon after 3 many years of struggling from the pandemic.

Until eventually mid-December 2022, the Chinese area, greatly reliant on tourism, adhered to China’s “zero-covid” coverage, which included implementing quarantines, lockdowns, and in depth testing.

Earlier this thirty day period, the operator explained practically 66,000 travellers passed by means of the airport throughout the five-working day so-called May well 1 Golden Week, a person of the peak tourist periods in mainland China, about 50 p.c of the pre-Covid-19 pandemic concentrations.

From April 29 to May possibly 3, the Macau airport taken care of a overall of 572 flights, 53 percent of the selection recorded through the very same period of time in 2019.

The airport recorded an average of about 144 flights and 13,178 passengers for every day all through Golden Week, CAM claimed in a statement.

It was highlighted that travellers coming from or going to mainland China accounted for two-thirds of the full, adopted by Southeast Asia (24%) and Taiwan (10%).