Vagar / Faroes Airport Reduces Passenger Fees

Vagar Airport 2015After a period of construction and development, Vagar Airport on the Faroe Islands has announced it will reduce the passenger-fees by 11% from 185DKK (€24) to 165DKK (€22).
In 2011, Vagar’s runway was extended from 4,101ft (1,250m) to 5,902ft (1,799m) and, subsequently, passenger-figures have risen from 203,000 to over 250,000; a growth of some 20%.
In June 2014, a new terminal was inaugurated which has a big tax- and duty-free area and, as the Faroe Islands is not part of the European Union, but a member of Schengen, duty-free sales is an important income and revenue base for Vagar Airport.
Vagar Airport CEO, Jákup Sverri Kass, says the investments have strengthened the facility’s income base, which has resulted in lower fees for all passengers, commenting: “Our investments are already paying off and we want to build on our successful investments and attract more passengers, more traffic and more business.”
The airport says its income will enable a new range of investments as it looks to improve parking facilities and further improve its already record high regularity. In 2014, it achieved its best ever regularity – 99% – eclipsing that of 96% in 2008.
Atlantic Airways, which is operating three Airbus A319s have announced that they will extend their route network for 2015. They already have whole year operations to and from Copenhagen, Billund, Reykjavik and Bergen. Furthermore they have announced seasonal routes to Barcelona and Mallorca plus a twice weekly frequency to Edinburgh. However, the routes to London and Milano have been cancelled for 2015.