LFV acquires the Eltel Swedish Aviation & Security business area

The Eltel Swedish Aviation & Security business area provides technical operations and maintenance services to air traffic control centres, airports, other government agencies and companies in Sweden. In June 2019, LFV and Eltel signed a letter of intent now concluded in an agreement to acquire.


Decline in air traffic in 2019

In 2019 air traffic in Swedish airspace declined for the first time since 2012. The number of aircraft movements was 774,000. These figures are included in LFV's 2019 annual report.
"There may be several concurrent explanations for this reduction in traffic, including an economic slowdown, the weak Swedish crown, and environmental and sustainability issues," says Ann Persson Grivas, Director General of LFV.
LFV had a turnover of SEK 3.1 billion in 2019, and the result after financial items was SEK -40 million. [2020-02-28]