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Aktualitet

"From Rinas it will be cheaper to fly, the passenger fare is reduced", Tirana International Airport gives the fantastic news: € 100 million investment, we show you the new changes

"From Rinas it will be cheaper to fly, the passenger fare is reduced",

In the first official announcement for this new year, Tirana International Airport (TIA) announces the good news of reducing the passenger fare and unveils an ambitious investment plan in the airport structure, to contribute to the easing of ticket prices and overall development of Albanian aviation and tourism.

The new developments come after December 18, 2020, the day when the leading Albanian company Kastrati Group, founded in 1990, took over 100% of the share capital of TIA, after the purchase of shares by the Chinese company "Real Fortress Limited" .

The reduction of the passenger fare from 12.5 Euros to 10 Euros  is the first decision taken by TIA and which will start with the amendment of the Concession Contract approved in 2004. As a result of this reduction of the tariff, the effect on the reduction of the ticket price of the aircraft and in increasing the number of flights and destinations, will be more than noticeable.

As part of the changes to the Concession Agreement, TIA announces that a full package of investments totaling approximately € 100 million will be in the focus of management with a focus on expanding the airport's accommodation capacity by 6 million passengers. per year, runway extension, complete improvement of airport infrastructure and significant improvement of service quality.

The investment plan by the new concessionaire is an ambitious plan, which aims to significantly improve the operation of Mother Teresa Airport and turn Tirana International Airport into a positive example in the region, with an extraordinary impact on the growth of tourism in Albania and improving the ease of doing business.

Along with the reduction of the passenger fare, part of the package of changes of the Concession Contract is also the liberalization of Ground Handling Services and the liberalization of the aircraft fuel market that will bring lower costs in the price of this fuel. . All of these significant changes will have an immediate effect on the withdrawal of other "low cost" airlines, including Ryan Air, and consequently have the effect of lowering the ticket price paid by TIA passengers. Further, with the easing of travel conditions after the pandemic, these decisions will affect the increase in the number of flights and destinations.