EQS-News: Flughafen Wien AG: Positive Business Development in Q1/2026: Revenue increase of 6.1%, Group net profit up 5.3% - Passenger growth of 5.3% in the Group and 1.6% at Vienna Airport

EQS-News: Flughafen Wien AG / Key word(s): Quarter Results
Flughafen Wien AG: Positive Business Development in Q1/2026: Revenue increase of 6.1%, Group net profit
up 5.3% - Passenger growth of 5.3% in the Group and 1.6% at Vienna Airport

21.05.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Flughafen Wien AG: Positive Business Development in Q1/2026: Revenue increase of 6.1%, Group net profit
up 5.3% - Passenger growth of 5.3% in the Group and 1.6% at Vienna Airport

 

  • Financial performance indicators in Q1/2026: Revenue +6.1% to € 239.6 million, EBITDA +8.2% to €
    87.9 million, EBIT +11.6% to € 54.4 million – Improvement of the Group net profit by 5.3% to
    € 42.0 million

 

  • Financial outlook for 2026: Stable Group net profit of approx. € 210 million despite fee reduction
    and expected passenger decline at Vienna Airport

 

  • Passenger traffic in the period January to April 2026: -1.5% at Vienna Airport and +2.9% in the
    Flughafen Wien Group

 

  • Unchanged passenger guidance of about 41.5 million passengers expected in the Flughafen Wien Group,
    and approx. 30 million travellers at Vienna Airport, signifying a discernible decline in passenger
    volume due to the reduced offering by low-cost carriers

 

  • Investment drive of € 1.5 billion by 2030 at the airports in Vienna and Malta

 

  • The summer flight schedule with its approx. 200 destinations comprises a broad offering for leisure
    travellers and long-haul destinations

 

“Good first-quarter business development – Increased revenue and Group net profit”

“The first quarter of 2026 went well for the Flughafen Wien Group, supported by an early Easter holiday
season, higher de-icing revenue relating to the severe winter weather and positive effects for Vienna
Airport resulting from the Lufthansa strike. Revenue and Group net profit increased considerably, and
both EBITDA and EBIT improved. Despite flight cancellations and uncertainties resulting from the
prevailing crisis in the Middle East, as well as the expected passenger decline triggered by the
reduction in the offering by low-cost carriers in Vienna, the financial guidance for 2026 remains
unchanged, featuring revenue of about € 1,050 million and a Group net profit before non-controlling
interests of approx. € 210 million. This is due to the successful implementation of our cost saving
programme. Improved conditions for the aviation sector are necessary in Europe and in Austria to ensure
medium-term and long-term growth perspectives. Our investment drive is moving forward in the hope and on
condition that the overall framework for aviation will be successfully and perceptibly improved. About
€ 1.5 billion will be invested at the airports in Vienna and Malta in the five years leading up to 2030.
This includes completion of the Terminal 3 Southern Expansion project, scheduled to be put into
operation in Q2/2027, the new Office Park 4 NEXT currently under construction, which offers 17,000 m² of
additional office and conference space, the new hotel scheduled to be opened in June and the new airport
expansion project in the Development Zone West spanning about 47 hectares,” states Günther Ofner, Joint
CEO and CFO of Vienna Airport.

 

“Traffic development as expected – Reduction of the air travel levy is necessary”

“Despite the crisis in the Middle East, the overall traffic development is proceeding as expected. In
the first quarter of 2026, we registered a 5.3% increase in total passenger volume in the Flughafen Wien
Group. Since April passenger traffic at Vienna Airport showed a downward development, whereas the
airports in Malta and Kosice reported further passenger growth. We will have to adjust to this situation
in the coming months, because the conflicts in the Middle East and Ukraine and related uncertainties as
well as the reduction in the flight offering will be clearly perceptible, especially in Vienna. Cost
pressure at the Vienna flight hub continues to intensify, as evidenced by the capacity reductions by
low-cost carriers. Our forecast for the entire year 2026 of about 41.5 million passengers in the Group
and approx. 30 million at Vienna Airport remains unchanged. In order to return to our upward climb, we
need growth-enhancing conditions, for example at least a substantial reduction of the air travel levy,”
says Julian Jäger, Joint CEO and COO of Vienna Airport.

 

January to March 2026: 6.1 million passengers at Vienna Airport – 8.3 million in the Flughafen Wien
Group

Total passenger volume in the Flughafen Wien Group (Vienna Airport and the international strategic
investments in Malta Airport and Kosice Airport) increased to 8,348,017 travellers (+5.3%) in the first
quarter of 2026 compared to the first three months of 2025. Vienna Airport registered a rise in the
number of passengers it handled to 6,112,819 (+1.6%). The number of flight movements at Vienna Airport
fell to 47,422 take-offs and landings (-2.4%) in the period January to March 2026. The average seat load
factor in the first three months of 2026 equalled 77.1%, comprising a rise of 3.2%p from the prior-year
period. Cargo volume (air cargo and trucking) continued to develop positively and climbed to 73,605
tonnes (+0.4%). Malta Airport reported a significant increase in passenger traffic to 2,069,164
travellers (+15.4%) in Q1/2026. Kosice Airport generated strong passenger growth to a total of 166,034,
implying an increase of 40.9% from the prior-year period. Almost all performance indicators of Flughafen
Wien AG’s two foreign strategic investments showed an improvement from the previous year.

 

Q1/2026: Revenue increase to € 239.6 million (+6.1%) and improvement of the Group net profit to
€ 42.0 million (+5.3%)

In Q1/2026, the Flughafen Wien Group generated revenue of € 239.6 million, comprising a year-on-year
increase of 6.1% from the prior-year quarter. This rise can be attributed to robust passenger growth as
well as the good non-aviation development. EBITDA rose to € 87.9 million (+8.2%) compared to the
prior-year level, whereas EBIT climbed to € 54.4 million (+11.6%). The Group net profit before
non-controlling interests in Q1/2026 was up to € 42.0 million (+5.3%). The cash flow from operating
activities totalled € 68.7 million (-27.8%).

 

Revenue and earnings development of the segments

Q1/2026 revenue of the Airport Segment climbed from the prior-year period to € 101.6 million, whereas
segment EBIT fell to € 15.1 million. The Handling and Security Services Segment registered a revenue
increase to € 53.9 million compared to Q1/2025, with segment EBIT at € 4.4 million. This segment also
includes the security services of VIAS as well as the handling services provided by Vienna Aircraft
Handling (VAH) and Vienna Passenger Handling Services (VPHS). The Retail & Properties Segment reported a
rise in revenue in Q1/2026 to € 46.3 million. EBIT of this segment equalled € 20.7 million. Revenue of
the Malta Segment in the first quarter of 2026 was up to € 32.5 million compared to the prior-year
period and segment EBIT improved to € 14.4 million.

 

Capital expenditure

A total of € 85.8 million was invested in intangible assets and property, plant, and equipment as well
as investment property or advance payments in the first three months of 2026 (Q1/2025: € 66.6 million).
The largest investment project at Vienna Airport entailed expenditures of € 27.6 million for the
Terminal 3 Southern Expansion project. A total of € 11.3 million was invested at Malta Airport in the
first quarter of 2026.

 

Passenger volume January to April 2026: -1.5% in Vienna and +2.9% in the Flughafen Wien Group

From January to April 2026, passenger traffic at Vienna fell by 1.5% from the previous year to an
accumulated total of 8,691,493 travellers. Cargo volume rose slightly by 0.2% to 100,457 tonnes. Medical
cargo in particular saw significant growth, increasing by 30.5% to 1,656 tons from January to April
2026. In the same period, passenger volume in the entire Flughafen Wien Group (Vienna Airport, Malta
Airport and Kosice Airport) rose 2.9% to 12,023,437 passengers. In the month of April 2026, the total
number of passengers handled by the Flughafen Wien Group, (Vienna Airport, Malta Airport and Kosice
Airport) declined slightly by 2.1% to 3,675,420 travellers compared to the prior-year level. As
expected, the number of passengers at Vienna Airport was down by 8.2% to 2,578,674 travellers. This can
be attributed to the fact that the Easter holidays took place in March this year, as well as the
decrease in low-cost carrier capacities and the reduction in the flight offering caused by the crisis in
the Middle East. Passenger traffic at Malta Airport climbed considerably in April 2026 to 1,017,570
travellers (+13.5%), whereas the number of passengers handled by Kosice Airport rose sharply by 66.5% to
a total of 79,176.

 

All relevant details on the traffic results for April 2026 can be found here:

[1]https://viennaairport.com/en/company/press__news/press_releases__news_1?news_beitrag_id=1778127407350

 

Forecast for passenger development in 2026: about 41.5 million passengers expected in the Flughafen Wien
Group and approx. 30 million at Vienna Airport

For the entire year 2026, Flughafen Wien AG continues to expect about 30 million passengers at Vienna
Airport and approx. 41.5 million travellers in the Flughafen Wien Group (including the international
strategic investments in Malta Airport and Kosice Airport).

 

Financial guidance for 2026:

The Flughafen Wien Group plans total Group revenue to equal roughly € 1,050 million in 2026, as well as
EBITDA amounting to approx. € 415 million and a Group net profit for the year before non-controlling
interests of about € 210 million and group net profit after non-controlling interests of about € 185
million. Total investments of approx. € 330 million are anticipated in the year 2026.

The current passenger outlook and financial guidance assume that there will not be any further adverse
geopolitical effects or massive restrictions on flight traffic.

 

Summer flight schedule with 200 destinations – AirportCity continues to grow

The offering of flight destinations at Vienna Airport is growing. The current flight schedule features
connections to approx. 200 destinations, comprising an attractive offering for leisure travellers in
Europe as well as on 23 long-haul routes. Austrian Airlines is a key driving force behind the extensive
route offering, with more than 120 destinations including new ones such as Ponta Delgada in the Azores,
Alicante, Bilbao, Bastia, Ohrid in North Macedonia, Mytilene on Lesbos and Bergen. This summer Ryanair
is offering 73 destinations throughout Europe. New airlines are also providing additional impetus. For
the first time, Xi’an can be directly reached by air thanks to flights offered by China Eastern Airlines
since 20 April 2026. In the near future, Royal Jordanian will offer flight service to Amman, along with
SalamAir with flights to Maskat in Oman and AnimaWings to Cluj-Napoca. The terminal infrastructure is
also growing. Construction work on the Terminal 3 Southern Expansion project is proceeding on schedule
and on budget and will be put into operation in Q2/2027. At the same time, the AirportCity is continuing
its development. The new office building will mean 17,000 m^2 of additional office and conference space.
New companies are continuously moving to the “VIE Space Hub” space cluster, and its commercial and
production areas are being expanded. Following the change in ownership/operator, the opening of the
third and biggest hotel at the flight hub is planned to take place before the beginning of the 2026
summer holidays.

 

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 adapt them to future events or developments.

 

 

Consolidated Income Statement

 

in € million                                                            Q1/2026 Q1/2025
Revenue                                                                   239.6   225.9
Other operating income                                                      4.8     3.4
Operating income                                                          244.4   229.3
                                                                                       
Expenses for consumables and purchased services                           -16.7   -16.4
Personnel expenses                                                       -101.9   -96.2
Other operating expenses                                                  -36.0   -34.9
Reversals of impairment/impairment on receivables                          -1.6     0.0
Pro rata results of companies recorded at equity                           -0.3    -0.4
Earnings before interest, taxes, depreciation and amortisation (EBITDA)    87.9    81.3
                                                                                       
Depreciation and amortisation                                             -33.5   -32.5
Earnings before interest and taxes (EBIT)                                  54.4    48.7
                                                                                       
Interest income                                                             2.8     4.2
Interest expense                                                           -0.6    -0.6
Other financial result                                                      0.3     1.5
Financial result                                                            2.5     5.1
                                                                                       
Earnings before taxes (EBT)                                                56.9    53.9
                                                                                       
Income taxes                                                              -14.9   -14.0
Net profit for the period                                                  42.0    39.9
                                                                                       
Thereof attributable to:                                                               
Equity holders of the parent                                               37.2    35.6
Non-controlling interests                                                   4.8     4.2
                                                                                       
Earnings per share (in €, basic = diluted)                                 0.44    0.42

 

 

Balance Sheet Indicators

 

in € million            31.3.2026 31.12.2025
ASSETS:                                     
Non-current assets        1,871.7    1.819.9
Current assets              567.1      593.7
                                            
EQUITY & LIABILITIES:                       
Equity                    1,768.5    1,726.9
Non-current liabilities     316.2      312.7
Current liabilities         354.1      374.0
                                            
Total assets              2,438.8    2,413.6
                                            
Net liquidity               407.1      413.8

 

Cash Flow Statement

 

in € million                            Q1/2026 Q1/2025
Net cash flow from operating activities    68.7    95.2
                Investing activities      -65.0   -88.8
                Financing activities       -0.5    -0.0
                                                       
Free Cash Flow                              3.8     6.4
                                                       
CAPEX^1                                    85.8    66.6

1) Excluding Financial Assets

 

The Annual Report and Financial Report of Flughafen Wien AG for 2026 from January 1 to March 31, will be
available to the general public on the Internet at

http://viennaairport.com/en/company/investor_relations/publications_and_reports.

 

Vienna Airport, 21st of May 2026       The Management Board

 

Contact: Corporate Communications of Flughafen Wien AG  

Press Office     

Peter Kleemann, Company Spokesperson

Tel.: (+43-1-) 7007-23000     

E-Mail: [2][email protected]  

Investor Relations
Bernd Maurer
Tel.: (+43-1-) 7007-23126
E-Mail: [email protected]
 

Website: [3]www.viennaairport.com

 

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21.05.2026 CET/CEST This Corporate News was distributed by [4]EQS Group

View original content: [5]EQS News

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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:      [email protected]
   Internet:    http://www.viennaairport.com
   ISIN:        AT00000VIE62
   WKN:         A2AMK9
   Indices:     ATX PRIME
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt (Basic
                Board), Munich, Stuttgart, Tradegate BSX; London, Nasdaq OTC,
                Vienna Stock Exchange (Official Market)
   EQS News ID: 2330956


    
   End of News EQS News Service


   2330956  21.05.2026 CET/CEST

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