Monday 11th January 2016
Drop In Durham Tees Valley Airport Revenues
Durham Tees Valley Airport has seen a fall in annual passenger numbers which has contributed to a slight drop in revenues, although the decline was "anticipated" as changes were made to the business model in a bid to cut costs.
DTVA stayed in the red but cut its pre-tax losses from £4.08m to £2.10m, while passenger numbers fell from 154,112 to 141,320.
For the year to 31 March 2015, the airport reported turnover of £4.53m, compared with £4.57m for the 12 months before.
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