Vienna Airport Group Sees Surge in Passengers and Earnings, Plans Over €200 Million Funding

by time news

2024-05-16 06:48:00

The variety of passengers within the group with the airports of Malta and Kosice (Slovakia) rose by 13.8 p.c to 7.6 million; in Vienna-Schwechat alone there was a rise of 11 p.c to five.9 million vacationers. Whole gross sales rose 16.6 p.c to 210.3 million euros, income 48.9 p.c to 37.2 million euros.

Revenue earlier than taxes and curiosity (EBIT) climbed 33.6 p.c to 46.5 million euros, Flughafen Wien AG introduced Thursday. With barely adjusted expectations for the 12 months as an entire, gross sales of greater than a billion euros and a superb revenue of 220 million euros at the moment are envisioned. Nevertheless, the most recent outcomes must be seen within the context of a fair weaker first quarter of 2023.

“The continued need to journey, profitable settlement initiatives, a constructive monetary end result and excessive value management contributed to a major enchancment in gross sales and earnings at Flughafen Wien AG within the first quarter of 2024,” stated airport board member Günther Ofner. “We count on additional development and subsequently we’re investing over 200 million euros in 2024, with an rising pattern within the coming years. As a debt-free firm, we will finance these investments, such because the southern extension of the terminal and the enlargement of the PV methods by 13 MW, in addition to an e-fast charging station, from the present money circulate with out taking it. new debt.” Ofner additionally referred to the websites of firms equivalent to Enpulsion, an Austrian firm, which produces microsatellite engines, and the European Area Company.

“The airline’s big selection of locations and flights guarantees a robust summer time of journey,” predicts CEO Julian Jäger. “This can be a good indicator of the upcoming Pentecost weekend; we count on about 360,000 passengers within the days from Could 17 to twenty, 2024.”

Operationally, the airport – in accordance with a court docket determination which now has to ascertain a 3rd runway by 2030 and needs to take motion towards it – “is in a wonderful situation and our airport workers is absolutely dedicated to the standard of service finest supply to our vacationers. “. The brand new enlargement of the south terminal will tremendously improve the airport expertise; These are as a consequence of be accomplished in 2027.

The variety of flight actions in Vienna elevated to 46,294 (+6.5 p.c) takeoffs and landings from January to March 2024. The common seat load issue within the first three months was 76.5 p.c, which corresponds to a rise of 0.9 factors in comparison with the identical interval final 12 months. Cargo volumes rose in comparison with the earlier 12 months to 68,058 tonnes (air and truck cargo, +15.6 p.c).

Malta Airport recorded a rise in passenger numbers within the first quarter to 1.57 million vacationers (+26.3 p.c). At Kosice Airport there was a rise to 97,009 vacationers (+6.5 p.c).

The upward pattern continued in April, in accordance with Flughafen Wien AG. The variety of passengers within the group rose by 6.5 p.c to three.42 million, and on the Vienna website by 5.9 p.c to 2.61 million vacationers. A have a look at the detailed passenger numbers exhibits that the variety of native passengers in Vienna in comparison with the earlier 12 months was 2.03 million (+7.0 p.c) and the variety of switch passengers was 0.57 million (+1.9 p.c) d ‘rise. Flight actions elevated to 19,815 in April 2024 (+6.2 p.c in comparison with April 2023). At 23,890 tons, the cargo was 15.6 p.c above the extent of the earlier 12 months (April 2023).

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