Mozambique’s airport manager posts loss of US$21.1 million in 2014

16 April 2015

Mozambican state airport management company Aeroportos de Moçambique recorded a loss of US$21.1 million in 2014, despite turnover increasing by 13 percent, according to a financial report published in the local press.

The company that manages Mozambican public airports recorded turnover of US$42.9 million dollars, against US$33.7 million in the same period of 2013, and its operating costs rose from US#33.7 million in 2013 to US$50.4 million in 2014.

Noting it had achieved “operating records” in a message accompanying the annual report, the company’s chairman Mozambican airports handled 2.03 million passengers (+10 percent), at a time when the number of aircraft exceeded 75,000 flights (+4%) and the cargo handled increased by 8 percent to 13,607 tons.

According to Emanuel Chaves, investments totalled US$180 million, an increase of 285 percent over the previous year, and resources were “mainly applied in the construction of Nacala Airport,” the opening of which the company considered to be one of the main events in the transport sector in 2014.

Among the 13 main airports managed by the company, Maputo airport recorded the largest movement of passengers (over 1 million), followed by Nampula and Beira, airports, both with more than 200,000 passengers. (macauhub/MZ)