In the first nine months of the year, profit rose to 109 million euros.
Vienna Airport is back on course after the corona crisis. The listed operating company increased its turnover in the first nine months of the year by 85 percent to 508 million euros. Net profit rose to 109 million euros after the company was still in the red in the same period of 2021. "The renewed desire to travel continued in the third quarter of 2022, sales and net income have increased significantly and the company is practically debt-free before the start of new, large investments," explains VIE CEO Günther Ofner.
In fact, despite the climate crisis and inflation fueled by high energy prices, passengers have returned. Compared to the first three quarters of 2021, which were characterized by low traffic levels due to the pandemic, the traffic figures at Vienna Airport increased significantly in the first nine months of 2022. From January to September 2022, the number of passengers in the Flughafen Wien Group, including the foreign subsidiaries Malta Airport and Kosice Airport, rose to a total of 22.280.971 passengers - an increase of 163,6 percent. The Vienna location alone accounts for around 17,5 million passengers. The number of flight movements rose to 139.677 take-offs and landings. Average seat occupancy (seat load factor) increased from 64,0 to 77,2 percent year-on-year.
Since the construction of a large photovoltaic system, the airport has been advertising that it is particularly green. Critics accuse the airport of “greenwashing”. As Ofner explains, solar power production is to be doubled to 45 hectares, which would make the system the largest in Austria again. "From January 2023, Vienna Airport will operate in a CO2-neutral manner, making it one of the first green airports in Europe," says Ofner.
For the year as a whole, the Management Board in Vienna expects 23 million passengers and annual profits of 115 million euros. Group-wide, 29 million passengers are expected to be reached. The board of directors plans to pay out at least 60 percent of the profit as a dividend to its shareholders.