Earnings Release • Jul 8, 2020
Earnings Release
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After the lockdown months with almost no connections, flights have steadily restarted to serve the UE and Schengen area since the beginning of June, speeding up at the end of the month, thus rebooting, though with limited volumes, Bologna Airport's traffic.
Up to date, 77 destinations are being served from Bologna, including old and new connections: a major step forward as compared with a single daily flight to/from Rome, the only active flight during the whole lockdown period to grant the essential public service.
Though the number of frequencies is not the same as the pre-Covid time, the first response from traffic is encouraging and notwithstanding a trend reversal, July is expected to see flights furtherly rebooted, not reaching yet the same volumes as in 2019.
In June, Bologna Airport's monthly passengers were 35,291, with a reduction of 95.9% on the same month in 2019, but with a strong increase on May 2020, when only 2,531 passengers were recorded. Flight movements decreased significantly, too, (615, -90.6% on June 2019), while 322 movements were registered in May.
In detail, international passengers were 17,502 (-97.5% on 2019), while domestic passengers were 17,789 (-90.0%). Pandemic outbreak was therefore harsher on international traffic which has traditionally accounted for Bologna Airport's strength.
This trend has also been confirmed by June's most popular destinations which saw Italian destinations ranking first: Rome Fiumicino, Catania, Palermo, Brindisi and Trapani, also a consequence of the restrictions limiting international traffic.
Air cargo registered a minor decrease: -2.9% on June 2019, totaling 2.976 tons. Humanitarian flights and air freighters transporting public health goods and equipment therefore continued their activity.
These days Bologna Airport continues to welcome back the Airlines serving the airport before the outbreak: after SAS, KLM and Air Moldova last week-end, on Monday Aegean came back and today will be the turn of Vueling. The following Airlines have already restarted their activity to Bologna: Air Albania, Air Dolomiti, Air France, Alitalia, Austrian Airlines, Blue Panorama, British Airways, Lufthansa, Ryanair, Transavia, Tunisair, Volotea, Wizzair.
Bologna, 8 July 2020
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Bologna Guglielmo Marconi Airport, classified as a "strategic airport" in the centre-north area of the National Airports Plan prepared by the Ministry of Infrastructure and Transport, in 2019 was the seventh biggest Italian airport by passenger numbers, with 9.4 million passengers (Source: Assaeroporti). Located in the heart of the Emilian food valley and the automotive and packaging industrial districts, the airport has a catchment area of about 11 million inhabitants and around
47,000 companies, with a strong propensity to exports and internationalisation and with commercial expansion policies to Eastern Europe and Asia.
The presence at the airport of some of the largest airlines in Europe along with some of the leading low-cost carriers and the close link with European continental hubs make Bologna Italy's forth airport for global connectivity (Source: ICCSAI - Fact Book 2019).
As for airport infrastructure, the airport has among its strategic objectives in the next few years an important development plan that mainly concerns the expansion of the terminal, particularly in the parts of security checks and gate area. The company's aim is to make Bologna Airport one of the most modern and functional in Italy, an important gateway to the city and region.
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Press Office: Investor Relations: Anna Rita Benassi Patrizia Muffato e Ufficio Stampa Relations Manager Tel: +39/051/6479961 Tel: +39/051/6479960
Responsabile Comunicazione Chief Financial Officer and Investor [email protected] [email protected]
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