Loading

Flughafen Wien struggles as airline turmoil intensifies

Flughafen Wien Group, parent of Vienna International Airport, has presented its financial report for the three months (2Q09) and six months (1H09) ended 30-Jun-06. Revenue was down by 10.3% in 1H09 and EBITDA by almost 25%. The most recent quarter witnessed a further deterioration and net profit fell by 44%. The company faces difficulties handling the ailing SkyEurope, which has at least temporarily been shown the door, and with a government audit amidst suggestions that it failed to inform shareholders of cost over-runs on the new Skylink terminal.

Become a CAPA Member to access Analysis Reports

This CAPA Premium Analysis Report is 1,489 words.
Become a CAPA Member

Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.

Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.

CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 400 News Briefs every weekday and comprehensive data and analysis on thousands of companies around the world.