Passenger movement through the airports of Isavia overall were 1.7m in 2020, a decrease of 79% from 2019. The number of international passengers using Icelandic scheduled-flight airports decreased from just under 7.3 million to just under 1.4 million, i.e. a decrease of some 81% year-on-year. The number of domestic passengers fell over the same period, from just under 653,000 to just over 320,000, i.e. a decrease of some 51%.
The operating revenues of the Group amounted to almost ISK 14.7bn and decreased by ISK 23.7bn between years, or by around 62%. EBITDA, i.e. earnings before depreciation, financial items and taxes, decreased by almost ISK 13.0bn. The total assets amounted to ISK 80.5bn at year-end 2020, an decrease of ISK 0.17bn between years. The position of cash and cash equivalents continued to be strong by the end of the year. The company's owner increased its share capital by ISK 4,0 bn in June 2020 in support of the company's investment plans. Isavia’s tax footprint for 2020 was ISK 7,066m. This is the proportion that the Group pays or collects in the form of taxes and public levies, together with matching contributions to employee pension funds.