EXETER Airport has returned to profit for the first time since the Covid-19 pandemic.
It recorded a profit of just over £1 million in the 12 months to the end of March this year, a £2 million turnaround on the year before.
Passenger numbers also went up by eight per cent from 402,000 last year to 435,000 this year.
Exeter Airport Managing Director Stephen Wiltshire said: “Returning to profitability is a significant milestone for Exeter Airport and a clear sign of our resilience and the continued demand for air travel in the South West.
“The growth in passenger numbers and the addition of new routes underscore our commitment to providing more choices and better connectivity for the region, supporting hundreds of skilled jobs as a major aviation hub.”
The airport, which directly employs 275 people, is expecting further growth following the launch of a new Ryanair service to Palma in Majorca in May.
Meanwhile TUI, the airport’s biggest operator, has confirmed it will base a second aircraft at Exeter Airport next summer.
This will provide an extra 80,000 seats including a new route to Ibiza and more flights to a range of popular sunshine destinations including the Canary Islands, Greek islands and Turkey.
As well as providing passenger services to 25 UK and international destinations, Exeter Airport also supports pilot training, military operations and the maintenance, repair and overhaul of aircraft.
To see the full Exeter Airport schedule for 2024-26, visit: exeter-airport.co.uk.