Københavns Lufthavne

Earnings Release • May 13, 2014

CPH: April traffic exceeding all expectations

April 2014 was a positive surprise as passenger traffic grew by 12.8%. The month also saw the busiest day ever in the history of Copenhagen Airport.

Copenhagen Airport's expectations for April were relatively low due to the late Easter this year. Normally, this means a number of light travel days, but an extraordinarily large number of travellers during Easter and the full‐year effect of a number of new routes lifted the load factor by 7.2 percentage points, meaning that three out of four airline seats were filled. This meant that passenger numbers increased by as much as 12.8%, and that more than 2.2 million passengers travelled through the airport, which is a record for the month of April.

"This was a surprising trend compared with what we and the airlines had originally forecast. Obviously, it's good that so many people decided to travel around Easter. We'll have to wait and see if this trend continues," said Copenhagen Airport CEO Thomas Woldbye.

The month ended up being so busy that it also set a daily record, as 93,342 passengers travelled through the airport on 11 April. This was 3,259 more than the previous record which was set on the first peak travel day of last summer.

International traffic was up by 14.0%, and transfer traffic was up by 9.4%. Domestic traffic increased by just 0.3% and was adversely affected by the holidays as opposed to the remaining traffic. The year‐to‐date increase in passenger numbers was 6.7%.

		April		Year to date
	2014	2013	Change (%)	2014	2013	Change (%)
Total passengers	2.213.938	1.962.190	12,8%	7.504.422	7.034.941	6,7%
Domestic	161.487	161.082	0,3%	611.447	582.196	5,0%
International	2.052.451	1.801.108	14,0%	6.892.975	6.452.745	6,8%
Scheduled	2.134.554	1.889.657	13,0%	7.106.505	6.638.377	7,1%
Charter and Other	79.384	72.533	9,4%	397.917	396.564	0,3%
Departing passengers	1.096.859	954.194	15,0%	3.716.799	3.483.303	6,7%
Local	804.048	716.897	12,2%	2.766.792	2.616.678	5,7%
Transfer/Transit	292.811	237.297	23,4%	950.007	866.625	9,6%
Movements	21.162	20.904	1,2%	79.029	75.954	4,0%
Domestic	2.424	2.390	1,4%	9.854	8.762	12,5%
International	18.738	18.514	1,2%	69.175	67.192	3,0%

		April			Year to date
Top 10 destinations	2014	2013	Change (%)	2014	2013	Change (%)
1 LONDON	164.167	142.994	14,8%	554.731	519.107	6,9%
2 STOCKHOLM	131.532	116.930	12,5%	463.825	410.750	12,9%
3 OSLO	121.860	110.545	10,2%	448.822	421.257	6,5%
4 PARIS	83.914	74.891	12,0%	256.835	244.950	4,9%
5 AMSTERDAM	77.975	69.315	12,5%	262.360	238.814	9,9%
6 AALBORG	74.014	76.682	‐3,5%	287.810	280.256	2,7%
7 HELSINKI	63.924	64.957	‐1,6%	221.279	228.397	‐3,1%
8 BERLIN	59.015	49.882	18,3%	178.598	170.036	5,0%
9 FRANKFURT	52.761	44.485	18,6%	180.899	178.400	1,4%
10 BRUXELLES	44.093	42.391	4,0%	147.909	142.816	3,6%

COPENHAGEN AIRPORTS A/S - Copenhagen

	April 2014						April 2013
PASSENGERS	Arrival		Departure		Total	Arrival		Departure		Total		% Incr on Total
	Total	Local	Trf/Trs	Total		Total	Local	Trf/Trs	Total		Arr.	Dep.	Total
SCHEDULED TRAFFIC
International	997.077	709.774	269.938	979.712	1.976.789	888.589	626.160	216.342	842.502	1.731.091	12,2	16,3	14,2
Domestic	78.807	57.795	21.163	78.958	157.765	80.901	57.905	19.760	77.665	158.566	-2,6	1,7	-0,5
Total	1.075.884	767.569	291.101	1.058.670	2.134.554	969.490	684.065	236.102	920.167	1.889.657	11,0	15,1	13,0
CHARTER & OTHER
TRAFFIC
International	39.335	35.425	902	36.327	75.662	36.984	32.189	844	33.033	70.017	6,4	10,0	8,1
Domestic	1.860	1.054	808	1.862	3.722	1.522	643	351	994	2.516	22,2	87,3	47,9
Total	41.195	36.479	1.710	38.189	79.384	38.506	32.832	1.195	34.027	72.533	7,0	12,2	9,4
GRAND TOTAL
International	1.036.412	745.199	270.840	1.016.039	2.052.451	925.573	658.349	217.186	875.535	1.801.108	12,0	16,0	14,0
Domestic	80.667	58.849	21.971	80.820	161.487	82.423	58.548	20.111	78.659	161.082	-2,1	2,7	0,3
Total	1.117.079	804.048	292.811	1.096.859	2.213.938	1.007.996	716.897	237.297	954.194	1.962.190	10,8	15,0	12,8

COPENHAGEN AIRPORTS A/S - Copenhagen

January - April

	Year to date 2014					Year to date 2013
PASSENGERS	Arrival	Departure				Arrival	Departure			Total	% Incr on Total
	Total	Local	Trf/Trs	Total			Local	Trf/Trs	Total		Arr.	Dep.	Total
SCHEDULED TRAFFIC
International	3.284.517	2.363.527	862.288	3.225.815	6.510.332	3.060.444	2.217.944	789.844	3.007.788	6.068.232	7,3	7,2	7,3
Domestic	301.818	218.895	75.460	294.355	596.173	288.903	211.571	69.671	281.242	570.145	4,5	4,7	4,6
Total	3.586.335	2.582.422	937.748	3.520.170	7.106.505	3.349.347	2.429.515	859.515	3.289.030	6.638.377	7,1	7,0	7,1
CHARTER & OTHER
TRAFFIC
International	194.141	179.466	9.036	188.502	382.643	196.163	182.422	5.928	188.350	384.513	-1,0	0,1	-0,5
Domestic	7.147	4.904	3.223	8.127	15.274	6.128	4.741	1.182	5.923	12.051	16,6	37,2	26,7
Total	201.288	184.370	12.259	196.629	397.917	202.291	187.163	7.110	194.273	396.564	-0,5	1,2	0,3
GRAND TOTAL
International	3.478.658	2.542.993	871.324	3.414.317	6.892.975	3.256.607	2.400.366	795.772	3.196.138	6.452.745	6,8	6,8	6,8
Domestic	308.965	223.799	78.683	302.482	611.447	295.031	216.312	70.853	287.165	582.196	4,7	5,3	5,0
Total	3.787.623	2.766.792	950.007	3.716.799	7.504.422	3.551.638	2.616.678	866.625	3.483.303	7.034.941	6,6	6,7	6,7

	Movements						MTOW - Take-offs only (Metric Tonne)
MOVEMENTS - MTOW	April			Year to date				April			Year to date
	2014	2013	% incr.	2014	2013	% incr.		2014	2013	% incr.	2014	2013
SCHEDULED TRAFFIC
International	17.885	17.739	0,8	65.500	63.643	2,9		663.365	632.519	4,9	2.423.194	2.260.540	7,2
Domestic	2.277	2.268	0,4	9.220	8.163	12,9		49.048	56.443	-13,1	204.048	206.783	-1,3
Total	20.162	20.007	0,8	74.720	71.806	4,1		712.413	688.961	3,4	2.627.242	2.467.322	6,5
CHARTER & OTHER TRAFFIC
International	853	775	10,1	3.675	3.549	3,6		28.510	25.516	11,7	142.736	134.144	6,4
Domestic	147	122	20,5	634	599	5,8		3.649	2.398	52,1	15.639	13.811	13,2
Total	1.000	897	11,5	4.309	4.148	3,9		32.159	27.914	15,2	158.375	147.954	7,0
GRAND TOTAL
International	18.738	18.514	1,2	69.175	67.192	3,0		691.876	658.035	5,1	2.565.930	2.394.683	7,2
Domestic	2.424	2.390	1,4	9.854	8.762	12,5		52.697	58.841	-10,4	219.687	220.593	-0,4
Total	21.162	20.904	1,2	79.029	75.954	4,0		744.572	716.876	3,9	2.785.617	2.615.277	6,5
Grand total split into:
Passenger flights	20.577	20.599	-0,1	76.682	74.804	2,5		702.610	690.650	1,7	2.621.096	2.519.802	4,0
All-cargo flights	585	305	91,8	2.347	1.150	104,1		41.962	26.226	60,0	164.521	95.475	72,3

	Movements							Passengers
ROSKILDE	April			Year to date			April			Year to date
	2014	2013	% incr.	2014	2013	% incr.	2014	2013	% incr.	2014	2013	% incr.
International	283	258	9,7	833	766	8,7	454	848	-46,5	1.907	2.612	-27,0
Domestic	730	714	2,2	1.751	1.803	-2,9	648	699	-7,3	1.819	2.190	-16,9
Local	5.050	6.201	-18,6	16.071	19.192	-16,3	690	887	-22,2	1.571	1.774	-11,4
TOTAL	6.063	7.173	-15,5	18.655	21.761	-14,3	1.792	2.434	-26,4	5.297	6.576	-19,4