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August 15, 2022
BUSINESS

In the next ten years, airports will need EUR 200-300 M investments

In the following ten years, Romanian airports will need at least EUR 200-300 million investments for new landing strips, terminals and infrastructure, AAR (Romanian Airports Association) chairman David Ciceo stated yesterday, Mediafax reports.
He pointed out that a new landing strip will be opened at the Airport in Cluj-Napoca on October 26. This EUR 40 million investment was supported by the County Council and will lead to a 5 percent annual increase in airport traffic.
Regarding this year’s number of passengers, the AAR chairman said the traffic on Romanian airports has experienced a slight decrease in the first six months of the year, but he predicts “at least stagnation” for the whole year. “Traffic has decreased by 2-3 percent in the first six months of the year, but we are hopeful that the crisis will pass. We are happy that traffic on the Henri Coanda Airport has increased, as well as on the airports in Cluj and Targu Mures. These are growing airports, but we expect another increase in the coming years as a result of foreign investments. The County Council in Cluj, for instance, has successfully run an industrial park program and foreign investors have contributed to developing traffic. Traffic in the second quarter has been more intense and we at least hope the rest of the year will not experience a decrease. Many airline companies are facing problems during this time, but we are optimistic”, the AAR representative added. Last year, the traffic in all 16 Romanian airports amounted to 10 million passengers. Ciceo’s prediction for the traffic on the airport in Cluj-Napoca, the second largest airport in Romania after Bucharest, is over 1 million passengers. However, there are also airports with extremely low traffic and a very small number of flights.
On the other hand, General Manager of ROMATSA Aleodor Francu believes Romania has a high density on airports and new investments in this field are difficult to carry out at the moment. In his opinion, airports should not be seen as a business singular, but as elements that impact the entire community.
Regionalization will also mean regional airports
The regionalization will result in regional airports and joint transport policies will have to be adopted on airports in specific areas of the country, making it more difficult to attract European funds, State Secretary for the Ministry of Transport Marian Buica stated yesterday. “The increased competition for a single region will make matters difficult. If airports within a region do not work together, it will be hard to attract European funds and EU aid for development. They must leave egos aside and decide which of the airports will be regional. They will have to establish a joint air transport policy for that region. This will be difficult to accomplish. I have had experience in this regard at the level of the association (Romanian Airports Association – editor’s note) and the results were complicated”, Buica said.
He pointed out that the European Union policy defines regional airports as the main airports in a certain region, which coordinate the regional transport policy. According to the Ministry of Transport, the regional coordination of airports is being taken into consideration.

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