LFV Annual Report 2019 1
DIRE C T OR S ’ REPOR T L F V 2019 airspace” that
LFV submitted to the Swedish government in May. RENOVATED RADAR FACILITIES The radar facilities in Uppsala and Askersund were upgraded in 2019 after having been in constant operation for around 20 years. The work has also continued with the primary radar that monitors the air space over the southern Baltic Sea. CLOSING OF LFV SALES AND PHASE-OUT OF FLIGHT MEASUREMENT LFV has decided to close down the sales unit and to phase out the flight measurement. The reason is that market conditions have changed. LFV will continue to monitor the international market, maintain a presence and develop collaborations in various ways. Flight measurement will be phased out, which means that flight measurement will not be in LFV's product portfolio for new sales. LFV will ensure that the conditions are in place to fulfill commitments from existing contracts. AIR TRAFFIC CONTROLLER TRAINING AND RECRUITMENT Selection and testing for recruitment of air traffic controller candidates have taken place ahead of the 2020 air traffic controller training. LFV needs to recruit air traffic controllers and engineers and has held several recruitment campaigns during the year to attract interested persons to LFV and the aviation industry. The Swedish Armed Forces main flight day in 2019 was held at Blekinge F17 air force base in Ronneby. The event drew approximately 30,000 visitors. LFV was on location with a stand and personnel presenting LFV and the air traffic controller profession. 8 Solvency was 8 % in 2019. A decrease by 1 % in comparison with 2018. SEK 498 million was spent on investments in 2019. A increase by 53 % in comparison with 2018. REVENUE DISTRIBUTION (%) 4 4 23 54 9 15 Route charges Revenue for local air traffic service Compensation to affiliate NUAC Other commercial revenue Other revenue 17 18 Salary costs Social insurance contributions Pension costs Other operating expenses Compensation to affiliate NUAC Depreciations 25 DISTRIBUTION OPERATING EXPENSES (%) 5 27 REVENUE (million SEK) 3 253 3 156 3 072 EXPENSES (million SEK) 3 008 3 013 3 070 2017 2018 2019 2017 2018 2019 13