NAD reports record increase in foreign departures at LPIA

Wed, Jul 31st 2019, 08:19 AM

 

The strongest performance of Nassau Airport Development Company (NAD) in the past decade was recorded in the first half of 2019, according to The Central Bank of The Bahamas (CBOB).

Lynden Pindling International Airport (LPIA) recorded a 19.4 percent increase in foreign departures during that period, compared to the 12.4 percent increase in 2018.

“Initial indicators for June showed that the positive trends in the industry were sustained, as data from the Nassau Airport Development Company Ltd. revealed that total departures – net of domestic traffic – increased by 16.9 percent, extending the 10.9 percent growth in the prior year,” the Monthly Economic and Financial Developments report for June points out.

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