Ogle Airport co. reports 45% revenue loss due to halt on int’l flights

The Eugene F. Correia International airport

The closure of this country’s international airports as part of the measures to curtail the spread of the novel coronavirus disease (COVID-19) has severely affected Ogle Airport Inc. (OAI), the company which manages the Eugene F. Correia International airport, causing layoffs, salary reductions and a staggering 45% loss of overall revenue, according to OAI spokesman Kit Nascimento.

Although local flights are allowed to operate, Nascimento said the measures instituted by the government are “unrealistic” and this has driven the noticeable reduction on domestic operations.

“Because of the lockdown on international traffic, the airport has lost 45 % of its overall revenue,” he told this newspaper in an interview last week.