Vienna Airport: only losses in the cargo segment

Very good traffic development in H1/2019; investments according to plan

Vienna Airport: only losses in the cargo segment Bild: Flughafen Wien

“Vienna Airport is expanding in all areas. Revenue and earnings increased considerably, the Airport City is growing, and we are making extensive investments in modernising the infrastructure. However, we are growing in a responsible manner. Since 2011 we have succeeded in reducing CO2 emissions by about 70 per cent per traffic unit and energy consumption by 40 per cent. Vienna Airport will be CO2 neutral by the year 2030, in spite of further growth in flight traffic and at the flight hub”, explains Günther Ofner, Member of the Management Board of Flughafen Wien AG.

The number of passengers at Vienna Airport climbed 23.9 per cent to 14,66 million people in the months of January to June 2019. The number of flight movements in the period January-June 2019 was up 15.4 per cent from the previous year to 127,883 take-offs and landings. Cargo volume (air cargo and trucking) fell by 4.6 per cent in the same period to 135,984 tonnes.

Revenue generated by the Flughafen Wien Group in H1/2019 improved by 7.5 per cent to EUR 401.4 million, and EBITDA improved by 9.3 per cent to EUR 183.1 million. EBIT in H1/2019 increased by 12.1 per cent to EUR 117.2 million.

Total investments in the first six months of 2019 amounted to EUR 63.5 million, with the largest investments relating to Office Park 4 with EUR 14.3 million followed by investments of  EUR 8.2 million for Hangars 8 and 9 and EUR 5.7 million for terminal development projects.