Vienna Airport

Austria’s Vienna International Airport (Flughafen Wien-Schwechat) handled 21.99 million passengers in 2013, a decrease of 0.7% compared to 2012.

The passenger traffic was affected by difficult market environment for the European aviation industry, capacity reduction by the airlines, crisis situations in Egypt and the Middle East, several flight cancellations due to the severe winter with extreme snowfall, and strikes in Germany.

In 2013, the number of take-offs and landings fell by 5.5%, while seat occupancy rose by 1.9 percentage points to 74.8%.

Cargo throughput was weak in the beginning of the year, but registered a growth of 10% during the second six months and reached 256,194t, up 1.6% year-over-year.

"Aircraft are becoming larger and carrying more and more passengers."

Passenger traffic to North America increased by 10% year-on-year, primarily due to the addition of flights to Chicago by Austrian Airlines.

In 2013, the top destinations in Western Europe were Frankfurt, Zurich, and London, while the top Eastern Europe destinations were Moscow, Bucharest and Sofia.

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Vienna Airport noted that it expects 2014 to be positive due to new destinations and an increase in existing frequencies.

Vienna International Airport management board member Julian Jäger said: "We are expecting an increase of 1% to 3% in the number of passengers for 2014, while the development of flight movements should range from -1% to +1%."

"The overall trend for Vienna Airport is pointing upward: over the past five years, the average size of the aircraft has risen by 17.3% and the average seat occupancy by 6.1 percentage points. In other words, the aircraft are becoming larger and carrying more and more passengers."

For the year 2014, the airport expects net profit of more than €75m, EBITDA of over €240m and a further reduction in net debt to below €600m, and plans to focus on cost reduction, growth and earnings improvement.

Image: Vienna Airport expects an increase of 1% to 3% in the number of passengers for 2014. Photo: courtesy of Flughafen Wien AG / Roman Bönsch.