Slovenian Government Allocates EUR5m in Aid for Airport | Beta Briefing

Slovenian Government Allocates EUR5m in Aid for Airport

Source: Beta/ExYuAviation
Archive / SEE Business | 15.12.20 | access_time 07:55

Airport Ljubljana

The Slovenian government has allocated EUR5m in state aid for Fraport Slovenija, the operator of the Joze Pucnik airport, which now needs to be greenlighted by the European Commission. 

The amount is about the size of a third of the airport’s estimated losses as a result of the coronavirus pandemic, the Exyuaviation website has reported. 

Fraport Slovenija is entirely owned by the German Fraport Group company. 

The Slovenian operator expects to lose around EUR15.3m this year as a result of Covid-19. 

Its calculations are based on a reduction of operative profits (EBIT) compared with 2019. 

The number of passengers this year will be reduced by 80% and the airport will achieve only 18% of its results last year. 

The Slovenian government has said in a statement that state aid is essential to securing Fraport’s solvency and the development and functioning of the Joze Pucnik airport’s infrastructure.

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