Loading
21-Aug-2009 11:56 AM

Flughafen Wien 2Q2009 revenue down 10.3%

Austria's Flughafen Wien Group, parent of Vienna International Airport, revenue down 10.3% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: EUR123.2 million, -14.4% year-on-year;
    • Costs:
      • Labour: EUR55.0 million, -2.3%;
      • Other: EUR25.4 million, +11.7%;
    • EBITDA: EUR38.4 million, -33.3%;
    • EBIT: EUR21.6 million, -46.2%;
    • Net profit: EUR16.6 million, -44.1%;
  • Six months ended 30-Jun-2009:
    • Revenue: EUR244.6 million, -10.3% year-on-year;
      • Airport: EUR106.5 million, -3.7%;
      • Handling: EUR86.3 million, -8.7%;
      • Retail & Properties: EUR43.7 million, -5.8%;
      • Other: EUR7.9 million, -4.3%;
    • Costs:
      • Labour: EUR107.6 million, -1.0%;
      • Other: EUR44.4 million, +1.4%;
    • EBITDA: EUR80.1 million, -23.3%;
    • EBIT: EUR46.7 million, -33.2%;
      • Airport: EUR35.8 million, -27.9%;
      • Handling: EUR5.9 million, -38.8%;
      • Retail & properties: EUR20.8 million, -10.4%;
      • Other: (EUR2.2 million), compared to a loss of EUR83.8 million in the previous corresponding period;
    • Net profit: EUR34.1 million, -32.4%;
    • Passenger numbers: 8.4 million, -12.7%;
    • Cargo volume*: 106,298 tonnes, -19.0%;
    • Aircraft movements: 119,353, -10.4%. [more]
  • *Includes truck cargo

Flughafen Wien: "Preliminary traffic results for July show a further decline in all traffic segments. In comparison with July of the previous year, the number of passengers fell by 5.2%. Flight movements and maximum take-off weight (MTOW) fell by 6.8% and 4.7%, respectively. The number of passengers travelling to Eastern Europe (scheduled and charter flights) was 10.3% lower in July 2009. The other European destinations reported a decline of 1.9%, while traffic to the Middle East rose by 6.9%. For 2009 Flughafen Wien AG is forecasting a decline of 9% in the number of passengers, 8% in maximum take-off weight (MTOW) and 8% in flight movements. The number of passengers handled at Vienna International Airport is expected to reach roughly 18 million by the end of 2009," Company statement. Source: Flughafen Wien, 20-Aug-2009.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More