EQS-News: Vienna Airport set new records in 2024: Strong passenger growth to 31.72 million, about 50,000 (+0.2%) more than in the pre-crisis year of 2019

EQS-News: Flughafen Wien AG / Key word(s): Forecast
Vienna Airport set new records in 2024: Strong passenger growth to 31.72
million, about 50,000 (+0.2%) more than in the pre-crisis year of 2019

17.01.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Vienna Airport set new records in 2024: Strong passenger growth to 31.72
million, about 50,000 (+0.2%) more than in the pre-crisis year of 2019

 

• Passenger development in 2024: The Flughafen Wien Group handled 41.4
million passengers, an increase of 9.1% – Passenger traffic at Vienna
Airport equalled 31.7 million, about 50,000 travellers (+0.2%) more
than the pre-crisis level of 2019

 

• Traffic guidance for 2025: slight growth expected in the Flughafen
Wien Group to approx. 42 million passengers and slightly positive
development with about 32 million passengers at Vienna Airport

 

• Financial outlook for 2025: revenue growth to about € 1.08 billion,
EBITDA of approx. € 440 million, Group net profit of around € 230
million, investments equalling about € 300 million financed from the
company’s own funds

 

• Top travel destinations in 2024: Antalya, Barcelona, Mallorca were the
most popular summer vacation destinations – Bangkok, New York, and
Taipei were the top long-haul destinations – Germany, Spain and Italy
as the top three country destinations of 2024

 

• 2024 showed the best cargo results in the history of Vienna Airport:
strong increase of 21.6% in cargo volume to 297,945 tonnes

 

• Vienna Airport on the path to a 5-Star Airport Rating: The Southern
Terminal Expansion project is progressing very well – Tenant
acquisition is fully underway

 

“New all-time highs in 2024 for passenger and cargo volumes – A new direct
flight connection to Singapore in 2025“

“2024 was an absolute record-breaking year for Vienna Airport and the best
in our 70-year history. With 31.72 million passengers, we achieved a new
all-time high, and the cargo volume of 297,945 tonnes marked a new
historical high as well. This shows that the crisis related to the
coronavirus pandemic is no longer negatively impacting business results,
and our upswing is continuing. We anticipate slightly growing passenger
volumes in 2025, and positive impetus provided by additional flight
connections. Starting in June, we look forward to the new direct flight
connection to Singapore offered by the airline Scoot. Moreover, our home
carrier Austrian Airlines as well as other airlines have already announced
exciting new destinations for the summer. The Asian market is also picking
up steam and holds great potential for the future. This can be supported
by abolishing the air transport levy in line with the Swedish model. The
new Southern Terminal Expansion, our key project designed to enhance the
quality of service as well as the time spent at the airport, is proceeding
on time and as specified in the project plan. Construction work is in full
swing and tenant acquisition is fully underway. Starting in 2027, the new
terminal area will provide 70,000 m² of additional waiting areas, modern
security checkpoints, an increased shopping and restaurant offering as
well as spacious lounges,” states Julian Jäger, Joint CEO and COO of
Vienna Airport.

 

“Positive financial outlook for 2025: revenue increase to approx. € 1.08
billion expected in 2025 – The Flughafen Wien AG share registered a new
all-time high of € 55.20”

“Flughafen Wien AG continues to be economically successful. The Flughafen
Wien AG share recorded a new all-time high in 2024, featuring a share
price of € 55.20, and market capitalization is at around € 4.5 billion. We
expect Group revenue to increase to approx. € 1.08 billion and a Group net
profit of about € 230 million. Our strong financial position will also
enable us to make substantial investments in 2025, which we will
completely fund from our own resources.  This year € 300 million will be
dedicated to various expansion and modernization projects such as the
Southern Expansion project. Accordingly, the AirportCity is continuing to
grow. TUI Austria is relocating its corporate headquarters to the airport
site. We expect the new federal government to implement a growth-promoting
economic policy and abandon an ideologically motivated hostility to
aviation as well as a simplification and acceleration of bureaucratic
procedures and the cutting of excessive red tape,”

says Günther Ofner, Joint CEO and CFO of Vienna Airport.

 

2024 passenger development: The Flughafen Wien Group handled 41.4 million
passengers (+9.1%)

The Flughafen Wien Group (Vienna Airport and the international strategic
investments in Malta Airport and Kosice Airport) reported an increase of
passenger traffic in the period January-December 2024 to a total of
41,412,671 travellers, comprising a rise of 9.1% year-on-year. This
improvement also corresponds to a rise in passenger traffic of 4.8%
compared to the pre-crisis level of 2019.

 

Passenger development in 2024: 31.7 million passengers at Vienna Airport
(+7.4%) – Seat load factor 3.5pp higher than before the pandemic
Vienna Airport registered a 7.4% rise in the number of passengers it
handled in the period January to December 2024, recording a total of
31,719,836 travellers, thus 0.2% (about 50,000 passengers) above the
pre-crisis year of 2019. The number of local passengers at Vienna Airport
climbed by 8.9% to 24,865,388 travellers, whereas transfer passenger
traffic was up 2.1% to 6,757,308. Capacity utilisation of the aircraft
(seat load factor) also improved considerably, equalling 80.8% for the
entire year 2024 (+ 0.3pp vs. 2023) and thus 3.5 percentage points above
the seat load factor in the record year of 2019. Cargo volume (air cargo
and trucking) showed a strong upward trend, increasing by 21.6% in 2024 to
297,945 tonnes.

Top travel destinations in 2024: Summer Holiday destination Antalya,
country destination Germany, long-haul Bangkok

The most popular vacation destinations for flights departing from Vienna
Airport in 2024 were Antalya, Barcelona and Mallorca. Bangkok, New York
and Taipei were the top three among long-haul routes. Germany, Spain and
Italy were the most popular country destinations. In 2024, Italy, Spain
and Great Britain recorded the strongest passenger growth in a
year-on-year comparison.

 

Passenger records of international strategic investments

In 2024, the international strategic investments of the Flughafen Wien
Group even succeeded in surpassing the previous years and the pre-crisis
level. Malta Airport reported a passenger volume of 8,957,451 travellers
in 2024, representing a rise of 14.8% from the previous year and 22.5%
higher than the pre-crisis level of 2019. Kosice Airport handled 735,384
passengers in 2024, comprising a year-on-year passenger growth of 18.2% or
32.4% above the pre-crisis year of 2019.

 

Traffic guidance for 2025: Approx. 42 million passengers expected in the
Flughafen Wien Group and about 32 million passengers at Vienna Airport
Flughafen Wien AG expects a slight growth in the entire year 2025,
featuring approx. 32 million passengers at Vienna Airport as well as
slight growth in the Flughafen Wien Group (Vienna Airport and the
international strategic investments in Malta Airport and Kosice Airport)
to approx. 42 million travellers.

Financial guidance 2025

Flughafen Wien AG expects total revenue of approx. € 1.08 billion in the
entire year 2025, along with an EBITDA of about € 440 million and a Group
net profit for the year before minority interests of around € 230 million.
Total capital expenditures are anticipated to equal approx. € 300 million
in 2025. 

The current passenger and financial guidance are based on the assumption
that there will not be any additional adverse geopolitical effects or
massive restrictions on flight traffic. 

Traffic development in December 2024: Ongoing good passenger development
at the end of the year

 

Flughafen Wien Group: 3.0 million passengers in December 2024 (+9.5%)
In December 2024, the number of passengers handled by the Flughafen Wien
Group (Vienna Airport, Malta Airport, Kosice Airport) equalled 3,013,621
travellers (+9.5% vs. December 2023).

 

Vienna Airport: 2.4 million passengers in December 2024 (+8.8%)
The number of passengers handled by Vienna Airport in the month of
December 2024 also improved, increasing to 2,380,696 travellers, or 8.8%
higher than in the prior-year month of December 2023.

 

Traffic results in December 2024 in detail

The number of local passengers at Vienna Airport climbed 11.3% from the
previous year to 2,010,474 travellers. In contrast, transfer passenger
traffic fell 3.1% to 362,998. The number of flight movements in December
2024 rose to 17,667 (+7.1% vs. December 2023). Cargo volume at Vienna
Airport amounted to 25,023 tonnes in December 2024, comprising a very
significant increase of 21.9% from the prior-year level.

 

The total number of passengers at Vienna Airport flying to destinations in
Western Europe in December 2024 was up by 8.7% year-on-year to 826,883,
whereas Eastern European traffic increased to a total of 200,161
passengers (+12.1%) from the prior-year month. Passenger traffic to North
America equalled 32,977 passengers (+16.7%), and the number of passengers
flying to Africa increased by 11.0% to a total of 29,495 travellers.
Passenger volume to the Middle East in December 2024 was up by 2.1% to
66,547 travellers, whereas passenger traffic flying to East Asian
destinations amounted to 52,714 passengers, up 29.2% from the previous
year. 

In December 2024, Malta Airport reported an increase in passenger volume
to 591,539 travellers (+11.8%) compared to the previous year. The total
number of passengers handled at Kosice Airport climbed to 41,386 (+22.1%).

Details on the traffic results for December 2024 can be found in the table
below.

 

Traffic Development December 2024

 

Vienna Airport (VIE)            
             
  12/2024 Diff. % 01-12/2024 Diff. %    
2023 2023
Passengers arr+dep+transit 2,380,696 +8.8 31,719,836 +7.4    
Local passengers arr+dep 2,010,474 +11.3 24,865,388 +8.9    
Transfer passengers arr+dep 362,998 -3.1 6,757,308 +2.1    
Flight movements arr+dep 17,667 +7.1 234,138 +5.9    
Cargo arr+dep (in tonnes) 25,023 +21.9 297,945 +21.6    
MTOW (in tonnes) 768,027 +7.9 10,039,978 +8.2    
             
Malta Airport (MLA, fully consolidated)        
             
  12/2024 Diff. % 01-12/2024 Diff. %    
2023 2023
Passengers arr+dep+transit 591,539 +11.8 8,957,451 +14.8    
Local passengers arr+dep 590,156 +12.0 8,945,097 +15.1    
Transfer passengers arr+dep 1,382 -33.2 12,294 -58.2    
Flight movements arr+dep 4,198 +11.6 58,773 +14.4    
Cargo arr+dep (in tonnes) 2,070 +19.2 22,194 +15.2    
MTOW (in tonnes) 163,428 +9.3 2,279,556 +13.3    
             
Kosice Airport (KSC, consolidated at equity)      
             
  12/2024 Diff. % 01-12/2024 Diff. %    
2023 2023
Passengers arr+dep+transit 41,386 +22.1 735,384 +18.2    
Local passengers arr+dep 41,386 +22.1 735,384 +18.2    
Transfer passengers arr+dep 0 n.a. 0 n.a.    
Flight movements arr+dep 346 +15.7 5,755 +23.8    
Cargo arr+dep (in tonnes) 0 -28.0 3 +127.8    
MTOW (in tonnes) 10,668 +15.4 176,885 +16.6    
             
Vienna Airport and strategic investments (VIE, MLA,
KSC)      
             
  12/2024 Diff. % 01-12/2024 Diff. %    
2023 2023
Passengers arr+dep+transit 3,013,621 +9.5 41,412,671 +9.1    
Local passengers arr+dep 2,642,016 +11.6 34,545,869 +10.6    
Transfer passengers arr+dep 364,380 -3.2 6,769,602 +1.8    
Flight movements arr+dep 22,211 +8.1 298,666 +7.8    
Cargo arr+dep (in tonnes) 27,094 +21.7 320,142 +21.1    
MTOW (in tonnes) 942,123 +8.2 12,496,419 +9.2    
                 

 

Note: Total number of passengers includes local, transfer and transit
passengers,
Traffic data adjusted

 

 

Disclaimer

All statements made in this press release that refer to future
developments of Flughafen Wien AG/Flughafen-Wien-Group are based on
current assumptions and forecasts of the management. If the premises for
these forecasts do not occur or risks indicated in the risk report arise,
actual results may vary from these estimates. Despite the utmost care, all
forward-looking statements are therefore made without guarantee and
Flughafen Wien AG/Flughafen-Wien-Group assumes no obligation to update
these forward-looking statements or to conform them to future events or
developments.

 

 

Contact: Corporate Communications of Flughafen Wien AG 

Peter Kleemann, Spokes person

Tel.: (+43-1-) 7007-23000     

E-Mail: [1]p.kleemann@viennaairport.com   

Investor Relations
Bernd Maurer
Tel.: (+43-1-) 7007-23126
E-Mail: [2]b.maurer@viennaairport.com

Website: [3] www.viennaairport.com

 

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17.01.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com

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Language: English
Company: Flughafen Wien AG
Postfach 1
1300 Wien-Flughafen
Austria
Phone: +43-1-7007/23126
Fax: +43-1-7007/23806
E-mail: investor-relations@viennaairport.com
Internet: http://www.viennaairport.com
ISIN: AT00000VIE62
WKN: A2AMK9
Indices: ATX PRIME
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
(Basic Board), Munich, Stuttgart, Tradegate Exchange; London,
Nasdaq OTC, Vienna Stock Exchange (Official Market)
EQS News ID: 2069435

 
End of News EQS News Service

2069435  17.01.2025 CET/CEST

References

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1. p.kleemann@viennaairport.com
2. b.maurer@viennaairport.com
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