On June 17, 2014, the new terminal building at Vagar Airport was declared operational. The airport’s previous facility was built in 1978 to handle some 100,000, passengers. Over the last ten years passenger figures have rose by some 43% and in 2013, passenger figures reached 236,181.
This year’s traffic is expected to surpass 250,000 passengers as both domestic outbound demand is on the increase and inbound tourism is boosted by increased marketing budgets and efforts of Visit Faroe Islands. Furthermore the ongoing offshore activities of Statoil are contributing to the rise in passenger figures for 2014.
In December 2011, the project for extending the airport’s runway from 4,101ft to 5,902ft (1,250 to 1,799m) was completed, and with new precision landing and airnav equipment the airport is now able to sustain operations even under adverse weather condition.
The airport’s management team says it hopes that Vagar Airport may lure new airline operators to: “snatch a bit of the high-yield traffic” between the Faroe Islands and Europe, currently operated by the only country’s national carrier Atlantic Airways primarily serving the route between Vagar and Copenhagen Airport.