Varna airport offers a regional fund for the development of the air transport links

The proposal is the financial support to be part of the tourist tax collected in the municipalities of Varna, Balchik and Kavarna

Company “Fraport Twin Star Airport Management“, concessionaire of the two sea airports in Varna and Burgas, has proposed to set up a regional fund for the development of air links to and from Varna airport like the one that previously functioned in Plovdiv. Its purpose is to extend the summer season and provide tourist flow in the region and the off-season. It is understood from a letter sent to the mayor of Varna Ivan Portnih and chairman of the municipal council in the city Todor Balabanov. The proposal will be discussed at the upcoming first annual session of the Municipal Council in Varna. It is recorded that funding for the fund can happen, and to this end is a separate part of the tourist tax collected in the three municipalities in the region – Varna, Balchik and Kavarna.

Financial estimates

According to preliminary estimates made by “Fraport Twin Star Airport Management” – a joint venture between Fraport and the German group company “Chimimport” just a new year-round air service to Varna will lead the Northern Black Sea about 60 thousand passengers per year. Financial support needed to 4 flights per week for one year will be within the 150-200 thousand euros.This means that if the three municipalities sea – Varna, Balchik and Kavarna, emit 20% of revenues from tourist tax accumulated funds per year will be about 500 thousand euros, enough for “doping” of 3-4 new routes, he wrote in the proposal.

The proposal of “Fraport” provides an initial fund to include the municipalities of Varna, Balchik and Kavarna because of their territories are the largest hotel and resorts in this part of the country. According to the attached letters of support behind the idea are already standing Varna Chamber of Tourism and eight of the largest travel companies in the country.

The Fund should provide financial support for maintenance of scheduled air services to and from Varna airport outside the summer season – from 1 October to 31 May. According to the initiators in “Fraport”, this will help extend the tourist season across the North-East by providing opportunities for year-round flights to Varna. The funds raised will also allow the development of joint advertising and marketing campaigns with airlines.

Recently on “Fraport Twin Star Airport Management” announced that in 2017 at Varna Airport will open six new destinations. Since the summer will operate regular flights to Dortmund and Munich-Memmingen in Germany, Eindhoven in the Netherlands, Larnaca (Cyprus), Milan-Bergamo in Italy and Tel Aviv (Israel).

The proposal sent to the Varna Municipality, noted that such a fund has been set up by municipalities in the south-central region. He worked from 2010 under the name “Development Fund for Plovdiv Airport – south door of Bulgaria.” The effect of the development of the project were three new regular lines of low-cost carriers Ryanair and over 350,000 passengers traveled with them for a period of five years. But there were problems that eventually broke off cooperation.

Varna airport is one of the main airports in Bulgaria. It is a preferred destination especially in summer because it is located on the Bulgarian Black sea coast and almost all tourist traffic in the country goes through it. You can easy find airport transport Varna company to the different sea resorts.

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