• Sweden edition
Business & Money

Six airports to be sold in turbulent times

Published: 20 Nov 09 16:34 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/23392/20091120/

The Swedish Airports and Air Navigation Services (LFV) is to sell off six of its airports to municipalities or other local parties in connection with a reorganisation of the company in 2010.

LFV has suffered from the current economic downturn, forcing the company to put a number of small airports up for sale around the country.

The airports affected by the cutbacks are Jönköping, Skellefteå, Örnsköldsvik, Sundsvall, Karlstad and Ängelholm.

LFV announced profits of 151 million kronor ($21,6 million) for the first nine months of this year compared with 516 million kronor ($73,8 million) in the same period in 2008. Meanwhile, the total number of passengers has reduced by 13 percent.

The sell offs are also connected to a reorganisation of the company, which will be divided into two separate business entities next year.

One company will be dedicated to overseeing air traffic and navigation services while the other will run the ten remaining airports it owns.

"The reduction of air traffic, both the number of passengers and the number of flights, has had a negative effect on our finances throughout 2009,” said LFV’s general director Lars Rekke in a statement.

The LFV Group consist of the state enterprise Luftfartsverket (Swedish Transport Agency) its subsidiaries and associated companies.

TT/Christine Demsteader (news@thelocal.se)

What do you think? Leave your comment below.

Fark It! Digg This  Share everywhere
Send to a friend Printable version Twitter This

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

05:14 November 23, 2009 by GefleFrequentFlyer
Once, at Karlstad, I arrived for a 6am flight at 5. The same airport employee walked in, flipped on the lights, took my Avis rental car return, checked me in, my baggage, put on the coffee and sold concessions.

If I recall, he also deiced the plan, started it up, loaded the bags, radioed himself for departure and pulled back on the stick and off we went! He wished us well at Terminal 3.

I can see that selling off the airport is the next logical step!
ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Business & Money headlines
Swedish recruiters check jobseekers on the net

Swedish recruiters check jobseekers on the net

40 percent of recruiters are checking potential employee’s social networking pages during the hiring process, a figure which has shot up from last year, according to a recent report. READ »

Rise in polls 'Löfven-effect': political expert

Rise in polls 'Löfven-effect': political expert

Since the new Social Democrat party leader Stefan Löfven took up the post, the party is gaining strength in the polls, causing political experts to speak of a ”Löfven-effect”. READ »

Saab shares dive despite strong 2011 report

Saab shares dive despite strong 2011 report

Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (3 COMMENTS) »

Mats Sundin in massive kid's health research gift

Mats Sundin in massive kid's health research gift

Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (5 COMMENTS) »

H&M under fire over Cambodia mass faintings

H&M under fire over Cambodia mass faintings

H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »

SAS earnings hit by Spanair bankruptcy

SAS earnings hit by Spanair bankruptcy

The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »

Saab to cut Swiss Gripen fighter price: report

Saab to cut Swiss Gripen fighter price: report

Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (6 COMMENTS) »

A file image of a worker at a Volvo Cars assembly plant

Few Swedes ready to work until they're 75: poll

An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »

SAAB BANKRUPT
Several bids for Saab: administrator

Several bids for Saab: administrator

Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »

US ISPs block hacker probes: Swedish police

US ISPs block hacker probes: Swedish police

The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »

More Business & Money

Highlights from Follow Sweden

20 things to know before moving to Sweden

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »

How far can English take you in Sweden?

Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »


Find a new job in Sweden now
13/02 Accountant (m/f)
EOS GmbH Electro Optical Systems
Göteborg
13/02 Key Account Manager Food
Borregaard
Sarpsborg
13/02 Swedish Language Consultant - Tune or Malmö
Top-Toy A/S
Hovedstaden
13/02 Manager Platform Program Purchasing
Tetra Pak
Lund
13/02 Mobility Area Responsible
Academic Search
Göteborg
13/02 Build Manager
EA DICE
Stockholm
13/02 Line Manager
EA DICE
Stockholm
13/02 Inside Sales Assistant
TEMP-TEAM
Upplands Väsby
13/02 Computer Support Specialist
European Spallation Source ESS AB
SKÅ
13/02 Office Manager to Hansoft
Hansoft
Uppsala

ALL JOBS »


Latest Business & Money news from Germany
Doctor of Psychology
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
Get on the Tennis Court with www.babolatshop.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
Turning Point Counseling
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
English Speaking Therapist Stockholm
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now