Earnings Release • Jan 17, 2008
Earnings Release
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Corporate | 17 January 2008 08:00
Vienna International Airport: 11.3% increase in traffic during 2007
Flughafen Wien AG / Miscellaneous
Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.
20 million passengers now expected in 2008
• Traffic in 2007: +11.3 %
• Strong development of traffic to Middle East: +18.5 %
• Increase in travel to Eastern Europe: +24.8 %
• Growth of low-cost carriers: +57.2 %
• 20 million passengers now expected in 2008 (instead of 2010)
• Forecast for passenger volume in 2008: +8.0 %
With an increase of 11.3% in the number of passengers for 2007, Vienna
International Airport clearly exceeded the European average of 5.6 % as
well as its own forecast of 8.0%. This development has led Flughafen Wien
AG to issue a new forecast for 2008: +8.0% in passengers, +6.0% in maximum
take-off weight (MTOW) and +6.0% in flight movements. 'We now expect to
welcome our 20-millionth passenger at Vienna International Airport this
year – a full two years earlier than planned in our long-term forecast',
indicated Herbert Kaufmann, member and speaker of the Management Board of
Flughafen Wien AG, at a press conference on 17 January in Vienna.
A total of 18.8 million passengers were handled in 2007, which represents
an increase of 1.9 million over the previous year. This growth was
responsible for the creation of roughly 2,000 new jobs at the airport
location. Through the development of the low-cost carriers, Vienna
International Airport also provides key support for tourism in the eastern
region of Austria.
The highlights for 2007 included the strong development in passenger
traffic to the Middle East – with a plus of 18.5% over the previous year –
as well as an increase in travel to Eastern Europe (+24.8%) and the growth
of the low-cost carriers (+57.2%). Vienna International Airport also
recorded a plus of 8.6% in maximum take-off weight, 7.3% flight movements
and 2.5% in cargo (incl. trucking).
Vienna International Airport closed 2007 with excellent marks for
punctuality, ranking among the top five in a comparison of 27 European
airports. Among the hubs with comparable shares of transfers, Vienna offers
the best on-time service.
In 2007 Vienna International Airport handled 18,768,468 passengers on
254,870 take-offs and landings. A major driver for the strong growth in
passenger volume was the positive development of the low-cost carriers.
These airlines transported 3,505,954 passengers during the previous year,
which represents an increase of 57.2%.
The leader among the low-cost carriers was Air Berlin with 1,257,972
passengers, followed by NIKI with 1,033,343 and SkyEurope with 633,663.
Eight low-cost carriers serviced Vienna during 2007.
Top destinations in 2007: Western Europe – Frankfurt, Eastern Europe –
Moscow, Long-haul routes – Bangkok
A total of 68 airlines included Vienna International Airport in their
scheduled flight plans during 2007. The number of scheduled destinations
equalled 192.
The highest share of passengers in this traffic segment, which was
responsible for 95.9% of the total volume at Vienna International Airport,
was recorded by Frankfurt with 432,811 passengers, followed by London with
400,831 passengers and Paris with 359,469 passengers.
The ranking for Eastern Europe shows Moscow with 150,327 passengers,
followed by Bucharest with 148,310 and Sofia with 128,482.
The most passengers on long-haul flights were recorded by Bangkok with
107,156, followed by Washington with 82,823 and Tokyo with 81,496.
Largest share of passengers for the Austrian Airlines Group
A ranking of the airlines by the number of passengers carried is led by the
Austrian Airlines Group with 52.6%, Air Berlin with 6.7%, NIKI with 5.5%,
Lufthansa with 5.3% and SkyEurope with 3.4%.
The average seat occupancy (charter and scheduled flights) rose from 68.5%
in 2006 to 69.2% for 2007.
2.5% plus in cargo
Cargo turnover of 272,362 tonnes represented an increase of 2.5%. Air cargo
recorded a plus of 2.1% with 191,789 tonnes, while trucking volume rose by
3.4% to 80,573 tonnes.
Strong results for international investments
Košice Airport recorded excellent results for 2007, with a total of 443,448
passengers and an increase of 29%. Malta Airport handled 2,974,582
passengers during the past year, which reflects an improvement of 9.8%.
Friedrichshafen Airport reported a total of 655,689 passengers and a slight
minus of 0.3%.
Outlook
Flughafen Wien AG has adjusted its forecasts to reflect the strong
development of traffic during 2007: the new forecasts show an expected
increase of 8.0% in passengers, 6.0% in maximum take-off weight (MTOW) and
6.0% in flight movements The average growth rate is expected to equal 6.0%
for 2009 to 2010, and 5.3% for the years 2011-2015.
As of 1 January 2008 the landing tariff, parking tariff and airside
infrastructure tariff were reduced by 0.1%, and the passenger tariff and
landside infrastructure tariff were reduced by 1.04%.
Robert Dusek
Investor Relations
0043-1-7007-23816
Language: English
Issuer: Flughafen Wien AG
Postfach 1
1300 Wien-Flughafen
Österreich
Phone: +43-1-7007/23126
Fax: +43-1-7007/23058
E-mail: [email protected]
Internet: www.viennaairport.com
ISIN: AT0000911805
WKN: 884216
Indices: ATX
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) London, Wien
End of News DGAP News-Service
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