EQS-News: Flughafen Wien AG: Flughafen Wien AG reports 23.7 million passengers at Vienna Airport in 2022, more than double the previous year and already 75% of record passenger traffic recorded in 2019

EQS-News: Flughafen Wien AG / Key word(s): Forecast/Miscellaneous
   Flughafen Wien AG: Flughafen Wien AG reports 23.7 million passengers at
   Vienna Airport in 2022, more than double the previous year and already 75%
   of record passenger traffic recorded in 2019

   19.01.2023 / 08:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Flughafen Wien AG reports 23.7 million passengers at Vienna Airport in
   2022, more than double the previous year and already 75% of record
   passenger traffic recorded in 2019 

   Net profit guidance for 2023 improves to € 150 million

   CO₂-neutral operations at Vienna Airport as of January 2023

     • Successful comeback of the aviation sector: 30.1 million passengers in
       the Flughafen Wien Group in 2022 – 23.7 million travellers at Vienna
       Airport more than double the figure for 2021 (25% below the record
       level of 2019)
     • Growth trend expected to continue in 2023 – Guidance for 2023: approx.
       32-34 million passengers expected in the Flughafen Wien Group and
       about 26-27 million at Vienna Airport 
     • Net profit for 2023 is likely to rise to over € 150 million, revenue
       increase to about € 830 million, close to doubling of investments to
       approx. € 135 million, Vienna Airport debt-free for the first time in
       decades – New business location projects result in 800 additional
       employees at the airport site
     • The “Terminal 3 Southern Enlargement” investment project put on hold
       due to the coronavirus crisis is once again on track – Construction
       scheduled to begin in 2023
     • Green airport: CO₂-neutral operations at Vienna Airport since January
       2023
     • Dividends to be distributed again for 2022 after three
       coronavirus-related years without any dividend – Previous dividend
       guidance confirmed of 60% of net profit for the year after
       non-controlling interests

   “Growth trend continues – Improved service quality thanks to terminal
   expansion”

   “Aviation was back again in the year 2022. Passenger volume at Vienna
   Airport more than doubled and is now at about 75% of the pre-crisis level.
   Particularly in the travel-intensive summer season, we displayed a very
   high quality of flight operations thanks to the extensive commitment of
   our employees. This was reflected in several international awards and
   quality analyses. According to the aviation organisation OAG, Vienna
   Airport was the third most punctual airport with more than 20 million
   passengers in all of Europe in 2022, ahead of Munich, Zurich and
   Frankfurt. We look ahead to 2023 with optimism. Airlines and flight
   connections are returning, the long-haul offering is continuously being
   expanded, and initial announcements made by airlines indicate an
   attractive summer flight schedule with many new flight offerings. For this
   reason, we expect further growth to 26-27 million passengers at Vienna
   Airport. For this purpose, we are continuing our quality drive and are
   resuming work on the Terminal 3 Southern Enlargement project put on hold
   the years of the coronavirus pandemic. Passengers can expect greater
   comfort at the airport on approx. 70,000 m² of additional terminal space
   with new shopping, food and beverage and lounge offerings. This creates a
   top league new terminal environment!” states Julian Jäger, Member of the
   Management Board of Flughafen Wien AG.

   “Vienna Airport is on the path to success once again”

   “Vienna Airport is back on its path to success. The number of employees at
   the Vienna Airport site will increase by about 800 people compared to the
   previous year and by approx. 250 at Vienna Airport. For the first time in
   decades, Flughafen Wien AG is debt-free and can finance planned
   investments from its own cash flow. The net profit for 2022 is expected to
   equal over € 150 million, revenue should rise to approx. € 830 million,
   and EBITDA will once again surpass € 325 million. Investments of about €
   135 million will be close to double the prior-year level and encompass the
   expansion of photovoltaic capacities. After three years of not
   distributing any dividend at all due to the coronavirus pandemic, a
   dividend for 2022 will be distributed to shareholders and employees once
   again. The previous guidance of a guidance equalling at least 60% of the
   net profit after non-controlling interests is confirmed. Climate
   protection is a top priority at Vienna Airport. In 2023, the airport will
   increase its existing solar power capacities from 26 hectares at present
   to 45 hectares, covering 40% of its total electricity requirements.
   Moreover, the airport has already been operating in a CO₂-neutral manner
   since the beginning of 2023,” says a pleased Günther Ofner, Member of the
   Management Board of Flughafen Wien AG.

   30.1 million passengers (-23.9% vs. 2019) handled by the Flughafen Wien
   Group in 2022

   The Flughafen Wien Group (Vienna Airport and the international strategic
   investments in Malta Airport and Kosice Airport) reported an increase of
   passenger traffic in the year 2022 to a total of 30,072,961 travellers,
   comprising a rise of 129.3% year-on-year. However, passenger traffic in
   2022 was still down close to 24% from the pre-crisis level of 2019.

   23.7 million passengers at Vienna Airport from January-December 2022

   Vienna Airport also registered a rise in the number of passengers it
   handled in the year 2022, recording a total of 23,682,133 travellers, up
   127.6% from the previous year. The number of takeoffs and landings was up
   to 188,412 in the period January to December 2022. The average capacity
   utilisation of the aircraft (seat load factor) increased from 62.5% in
   2021 to 77.6% in 2022 (2019: 77.3%). Cargo volume (air cargo and trucking)
   showed a downward development, declining by 4.1% in the year 2022 to
   250,637 tonnes

   Development of international strategic investments

   The international strategic investments of the Flughafen Wien Group also
   showed strong growth in 2022. Malta Airport reported a passenger volume of
   5,851,079 travellers in 2022, representing a rise of 130.3% from the
   previous year but a drop of 20.0% from the pre-crisis level of 2019.
   Kosice Airport handled 539,749 passengers in 2022, comprising a
   year-on-year increase of 224.1%, thus only 2.8% below the pre-crisis year
   of 2019.

   Traffic guidance for 2023

   The Flughafen Wien Group expects 32-34 million passengers in the entire
   group (Vienna Airport and the international strategic investments in Malta
   Airport and Kosice Airport) in 2023 and 26-27 million passengers at Vienna
   Airport.

   Financial guidance for 2023

   Due to the positive outlook, the consolidated net profit for the year 2023
   is anticipated to improve to over € 150 million against the backdrop of
   revenue of about € 830 million and EBITDA of at least € 325 million.
   Investments are expected to increase to approx. € 135 million. All
   investments will be financed from the cash flow without the need for
   borrowings.

   Dividend guidance

   The Management Board confirms the previous dividend guidance for 2022,
   calling for a dividend of at least 60% of the consolidated net profit for
   the year after non-controlling interests to be distributed.

   The current guidance is based on the assumption that there will be no
   further pandemic-related lockdowns or massive restrictions on flight
   traffic. The further, unpredictable course of the war in Ukraine at
   present and its impacts on flight traffic continue to be a further reason
   for uncertainty.

   Terminal 3 Southern Enlargement project adds 70,000 m² of leisure areas
   and enhanced travel comfort

   In order to improve service quality for the benefit of its passengers,
   Vienna Airport is once again resuming its “Terminal 3 Southern
   Enlargement” investment project which was temporarily put on hold as a
   consequence of the COVID-19 crisis. The building extension of Terminal 3
   will offer approx. 70,000 m² of comfortable leisure and lounge areas as
   well as additional bus gates and extensive additional space for new shops
   as well as food and beverage facilities featuring more than 30 new
   outlets. Particular emphasis will be placed on Austrian food and local
   brands. The new building will also provide for convenient transfer
   connections between the F, G and D gates. The central security screening
   from Terminal 3 will be located in the new T3 Southern Enlargement in the
   future, thus creating even more leisure areas. Construction work is
   scheduled to begin in the middle of 2023. The new southern section should
   be put into operation in 2027. Passengers will enjoy a new travel
   experience against the backdrop of a modern atmosphere.

   Vienna Airport is a “green airport”

   Vienna Airport is determinedly pressing ahead with its sustainability
   strategy in 2023. The airport has already reached its sustainability
   targets in 2023 which were originally planned for the year 2030 and has
   been operating the airport in a CO₂ neutral manner since January 2023. The
   area dedicated to the airport’s own production of electricity from solar
   power will be doubled from 26 hectares at the present time to about 45
   hectares, corresponding to approx. 100,000 installed solar panels. This
   will allow the airport to cover about 40% of its entire electricity needs.

   Traffic development December 2022:

   Flughafen Wien Group: 2.4 million passengers in December 2022

   In December 2022, the number of passengers handled by the Flughafen Wien
   Group (Vienna Airport, Malta Airport, Kosice Airport) equalled 2,371,161
   travellers (+98.8% vs. 2021). This represents a decline of only 20.1%
   compared to the pre-crisis level of December 2019.

   Vienna Airport: 1.9 million passengers in December 2022

   The number of passengers handled by Vienna Airport in the month of
   December 2022 was also significantly higher at 1,922,357 (+108.6%) than in
   the previous year. Accordingly, passenger traffic was only 22.1% below the
   comparable level reported in the pre-crisis month of December 2019.

   Traffic results in detail

   The number of local passengers at Vienna Airport climbed 117.1% from the
   previous year to 1,545,137 travellers, whereas transfer passenger traffic
   rose to 369,522 (+79.6%). The number of flight movements in December 2022
   rose to 15,102 (+29.6%). In contrast, cargo volume at Vienna Airport fell
   by 16.2% from the comparable figure of December 2021 to 20,068 tonnes.

   The total number of passengers at Vienna Airport flying to destinations in
   Western Europe was up by 114.5% to 637,189 in December 2022 from the
   prior-year level, whereas Eastern European traffic increased to a total of
   169,893 passengers (+66.4%). Passenger traffic to North America equalled
   24,750 passengers (+76.3%), and the number of passengers flying to Africa
   rose to 27,285 (+71.1%). Passenger volume to the Middle East rose to
   75,311 travellers in December 2022 (+149.7%) and to 31,160 passengers
   flying to East Asian destinations (+194.2%).

   Development of international strategic investments

   The international strategic investments of the Flughafen Wien Group posted
   a strong recovery in the year 2022. In December 2022, Malta Airport
   reported an increase in passenger volume to 421,468 travellers (+65.6%)
   compared to the previous year, whereas the total number of passengers
   handled at Kosice Airport climbed to 27,336 (+63.5)

   Details on traffic results for December 2022 can be found in the table
   below.

    

   Disclaimer

   All statements made in this press release that refer to future
   developments of Flughafen Wien AG/Flughafen Wien Group are based on
   current assumptions and forecasts of the management. If the premises for
   these forecasts do not occur or risks indicated in the risk report arise,
   actual results may vary from these estimates. Despite the utmost care, all
   forward-looking statements are therefore made without guarantee and
   Flughafen Wien AG/Flughafen Wien Group assumes no obligation to update
   these forward-looking statements or to conform them to future events or
   developments.

    

   Traffic Development in 2022

   Flughafen Wien
   (VIE)                                                                 
                                                                         
                                                                Diff. % Diff.
                         12/2022   12/2021   12/2019 01-12/2022    2021     %
                                                                         2019
   Passengers          1,922,357   921,602 2,466,838 23,682,133  +127.6 -25.2
   arr+dep+transit
   Local passengers    1,545,137   711,582 2,003,019 17,809,927  +126.9 -26.8
   arr+dep
   Transfer passengers   369,522   205,792   457,040  5,794,588  +130.3 -19.4
   arr+dep
   Flight movements       15,102    11,649    20,666    188,412   +68.9 -29.4
   arr+dep
   Cargo arr+dep (in      20,068    23,947    22,733    250,637    -4.1 -11.7
   tonnes)
   MTOW (in tonnes)      634,328   501,648   851,067  7,856,315   +66.0 -27.8
                                                                         
   Malta Airport (MLA, fully consolidated)                               
                                                                         
                                                                Diff. % Diff.
                         12/2022   12/2021   12/2019 01-12/2022    2021     %
                                                                         2019
   Passengers            421,468   254,535   477,309  5,851,079  +130.3 -20.0
   arr+dep+transit
   Local passengers      419,158   253,870   472,187  5,839,756  +130.3 -19.6
   arr+dep
   Transfer passengers     2,304       664     5,064     11,278  +166.9 -76.4
   arr+dep
   Flight movements        2,996     2,727     3,708     40,355   +64.6 -22.3
   arr+dep
   Cargo arr+dep (in       1,275     1,261     1,572     16,330    +9.8  -0.6
   tonnes)
   MTOW (in tonnes)      118,883   104,745   142,155  1,564,392   +69.4 -20.9
                                                                         
   Kosice Airport (KSC, consolidated at
   equity)                                                               
                                                                         
                                                                Diff. % Diff.
                         12/2022   12/2021   12/2019 01-12/2022    2021     %
                                                                         2019
   Passengers             27,336    16,719    24,941    539,749  +224.1  -2.8
   arr+dep+transit
   Local passengers       27,304    16,719    24,941    539,209  +223.8  -2.9
   arr+dep
   Transfer passengers         0         0         0          0    n.a.  n.a.
   arr+dep
   Flight movements          227       200       346      4,398  +189.3 -27.0
   arr+dep
   Cargo arr+dep (in           0         0         2          1    n.a. -97.6
   tonnes)
   MTOW (in tonnes)        7,174     7,049     7,010    144,996  +173.7  -4.7
                                                                         
   Vienna Airport  and strategic  investments  (VIE,
   MLA, KSC)                                                             
                                                                         
                                                                Diff. % Diff.
                         12/2022   12/2020   12/2019 01-12/2022    2021     %
                                                                         2019
   Passengers          2,371,161 1,192,856 2,969,088 30,072,961  +129.3 -23.9
   arr+dep+transit
   Local passengers    1,991,599   982,171 2,500,147 24,188,892  +129.2 -24.7
   arr+dep
   Transfer passengers   371,826   206,456   462,104  5,805,866  +130.4 -19.8
   arr+dep
   Flight movements       18,325    14,576    24,720    233,165   +69.4 -28.2
   arr+dep
   Cargo arr+dep (in      21,343    25,208    24,307    266,968    -3.3 -11.1
   tonnes)
   MTOW (in tonnes)      760,385   613,442 1,000,232  9,565,703   +67.5 -26.5

   Note: Total number of passengers includes local, transfer and transit
   passengers,
   Traffic data adjusted.

   Contact: Corporate Communications Flughafen Wien AG  

   Press Office      
   Peter Kleemann, Company Spokesman   
   Tel.: (+43-1-) 7007-23000    
   E-Mail: [1]p.kleemann@viennaairport.com                        
   Website: [2]www.viennaairport.com    
   [3]www.facebook.com/flughafenwien 

   Investor Relations
   Christian Schmidt
   Tel.: (+43-1-) 7007-23126
   E-mail: christian.schmidt@viennaairport.com

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   19.01.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     Flughafen Wien AG
                Postfach 1
                1300 Wien-Flughafen
                Austria
   Phone:       +43-1-7007/23126
   Fax:         +43-1-7007/23806
   E-mail:      investor-relations@viennaairport.com
   Internet:    http://www.viennaairport.com
   ISIN:        AT00000VIE62
   WKN:         A2AMK9
   Indices:     ATX PRIME
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt
                (Basic Board), Munich, Stuttgart, Tradegate Exchange; London,
                Nasdaq OTC, Vienna Stock Exchange (Official Market)
   EQS News ID: 1538491


    
   End of News EQS News Service


   1538491  19.01.2023 CET/CEST

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