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EANS-News: Flughafen Wien 2015: New Passenger Record of 22.8 Million (+ 1.3%)- Optimistic Outlook for 2016

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Company Information/Traffic / Outlook

Flughafen Wien 2015: New Passenger Record of 22.8 Million (+ 1.3%) -
Optimistic Outlook for 2016
 

* 22.8 million passengers (+1.3%) at Vienna Airport in 2015
* Forecast for 2016: Passenger development of 0% to +2%
* Service initiative has a positive impact: 4-Star ranking and best airport
  staff in Europe
* Financial guidance for 2016: Increase in revenue, EBITDA and net profit -
  further reduction of net debt
* The Airport City is growing - International logistics investment about to be
  finalized

 
2015 was a record year for Vienna Airport. The 4-Star airport handled 22.8
million passengers in spite of the crisis- and strike-related challenges. This
corresponds to a year-on-year rise in passenger volume of 1.3%. The growth
drivers were primarily new long-haul routes, new destinations and frequency
increases. The outlook for 2016 remains optimistic. Flughafen Wien AG expects
passenger growth in the range of 0% and 2% as well as an increase in its
revenue, EBITDA and net profit.
 
Passenger record and four stars for Vienna Airport

"2015 was a successful year for Vienna Airport. We registered a record passenger
volume of 22.8 million travelers and expanded the flight offering by adding new
destinations and flight connections originating in Vienna. In particular,
middle- and long-haul routes showed strong growth, more than compensating for
the crisis-related decreases on other routes. This demonstrates that our
aviation strategy is working. One special highlight in 2015 was the 4-Star
ranking granted to the airport and the award for the best airport staff in
Europe. As a result, Vienna Airport plays in the same league as international
flight hubs such as Amsterdam-Schiphol, Paris-Charles de Gaulle and London-
Heathrow. This year the further development of our service strategy continues to
be an important focus of our operations. On balance, we are optimistic with
respect to 2016. Even though the ramifications of the crisis situations
prevailing in individual regions are perceptible, we still anticipate passenger
growth of between 0% and +2% in the year 2016", explains Julian Jäger, Member of
the Management Board of Flughafen Wien AG.
 
Optimistic for 2016 - Airport City continues to grow

"The year 2015 proceeded well for the company. We will exceed our financial
targets for 2015 thanks to the resolute implementation of our strategy designed
to reduce costs and enhance productivity. In accordance with traffic estimates
for 2016, we expect revenue of more than EUR 675 million, EBITDA surpassing EUR
280 million and a net profit of at least EUR 105 million. The Airport City is
also continuing to develop. Five companies located business operations at the
airport site, raising the number of employees by about 500. Moreover, the
ground-breaking ceremony for the new MOXY hotel at the airport will soon take
place. Vienna Airport is moving in the right direction and is well positioned
for the future", says Günther Ofner, Member of the Management Board of Flughafen
Wien AG. "The acquisition of real estate from Raiffeisen Hermione provides
Vienna Airport with more than 25,000 m² of additional development property in
its core area of operation. An international logistics investment in the
Fischamend Business Park is about to be finalized, adding up to 40,000 m² of new
building infrastructure."
 
2015: About 22.8 million passengers (+ 1.3%) at Vienna Airport

Vienna Airport reported a total of 22,775,054 passengers in the year 2015,
comprising a rise of 1.3% from the prior-year level. In particular, new long-
haul routes, new flight connections and frequency increases on the part of the
airlines had a positive impact on passenger volume. In contrast, the crisis
situation in Russia negatively affected airport operations. In terms of traffic
development, local flight traffic was the key growth driver in 2015, rising by
3.2%, whereas the number of transfer passengers fell by 3.6%. The number of
flight movements (starts and landings) decreased slightly by 1.7%, and capacity
utilization of the aircraft (seat load factor) dropped marginally by 0.7
percentage points to 74.3%. Cargo volume (air cargo and trucking) also showed a
negative development, and was down by 1.8% to 272,575 tonnes.  
 
Higher passenger volume to North America, Middle East, Africa and Western Europe

Passenger traffic to North America expanded by 9.0% compared to the previous
year, which is mainly due to Austrian Airlines' addition of Miami as a flight
destination and its increase in frequencies to Newark. Traffic also developed
well to the Middle East, showing passenger growth of 8.2%. The number of
passengers flying to the Far East rose by 3.8%. Vienna Airport showed an
increase of 5.3% in passenger traffic to Africa. In particular, the crisis
prevailing in Russia negatively impacted traffic to Eastern Europe, which fell
by 5.3%. In contrast, passenger volume to Western Europe was up by 1.9%.
 
Top destinations in 2015: Western Europe - Frankfurt, Eastern Europe - Moscow,
Long-haul routes - Bangkok

The highest number of passengers flying from Vienna Airport to Western European
destinations was registered by Frankfurt with 598,015 passengers, followed by
London with 512,032 and Zurich with 481,952 passengers. Moscow was the most
popular destination in Eastern Europe, attracting 254,640 passengers, ahead of
Bucharest with 187,539 and Sofia with 163,156. Dubai was the top destination in
the Middle East with 225,718 passengers, followed by Tel Aviv with 161,585 and
Doha with 68,935 travelers. Bangkok was the most popular long-haul route,
registering 112,782 passengers from Vienna, ahead of Tokyo with 71,603 and New
York with 70,869 travelers.
 
Austrian Airlines Group accounts for the largest share of passengers

A ranking of the airlines by the number of passengers flying to/from Vienna
Airport shows the Austrian Airlines Group in the number one position with 45.6%
of all passengers, followed by NIKI with 10.6%, airberlin with a 6.4% share and
Lufthansa with 3.9 %. The top ten airlines at Vienna Airport also include
germanwings/Eurowings, accounting for 3.9% of passenger traffic, Turkish
Airlines with a 2.1% share, British Airways with 2.0%, Emirates with 1.7%, SWISS
with a share of 1.6% and finally easyJet, which generated 1.5% of passenger
volume. The average seat occupancy declined slightly from 75% in the year 2014
to 74.3% in 2015. Vienna Airport was regularly served by 75 airlines in 2015,
offering flight service to 181 destinations in 73 countries.
 
Slight decline in air cargo: cargo volume down 1.8%

The cargo business at Vienna Airport reported a slight decrease in total cargo
volume in 2015 (incl. trucking) of 1.8% to 272,575 tonnes. Air cargo alone was
down by 0.8% to 196.274 tonnes, whereas trucking fell by 4.4% to 76,300 tonnes.
 
Traffic development of strategic investments

Malta Airport reported record traffic results, with the number of passengers
reaching an all-time high of 4.618.642 passengers, a rise of 7.7% compared to
2014. Košice Airport handled 410,446 passengers in 2015, comprising an increase
of 15.1% from the prior-year level.
 
Predicted passenger development and financial guidance for 2016

Vienna Airport expects a slight increase in the number of passengers in the
range of 0% to +2% in 2016, as well as a stable development in the number of
flight movements of between -1% and 0%. From today's perspective, impetus to
growth is expected to be provided by the launch of flight service to Shanghai
(CN), Bari (IT), Havana (CU) and Isfahan (IR) by Austrian Airlines, the new
destinations of Faro (PT), Split and Dubrovnik (HR) added by NIKI, as well as
new routes and expanded flight service on the part of easyJet, Eurowings,
Jet2com, SAS, Transavia, Vueling, Europe Airpost, Aegean Airlines and
SunExpress, amongst other reasons.
 
Against this backdrop, the Management Board of Flughafen Wien AG is
fundamentally optimistic with respect to its business outlook for 2016. Revenue
is expected to rise to more than EUR 675 million, and Flughafen Wien AG aims to
raise EBITDA to more than EUR 280 million. From today's point of view, the
consolidated net profit after tax should reach a level of at least EUR 105
million. Net debt of the company should be further reduced to fall below EUR 400
million. Investments are expected to amount to about EUR 95 million in 2016.
 
 
Contact:
 
Corporate Communications of Flughafen Wien AG
 
Press Office:
 
Peter Kleemann (+43-1-) 7007-23000,  p.kleemann@viennaairport.com
Clemens Schleinzer (+43-1-) 7007-22399,  c.schleinzer@viennaairport.com
Stefanie Tomanek (+43-1-) 7007-26939.  s.tomanek@viennaairport.com
 
Investor Relations:
 
Judit Helenyi (+43-1-)7007-23126,  j.helenyi@viennaairport.com
Mario Santi (+43-1-) 7007-22826,  m.santi@viennaairport.com

Traffic development in 2015

 ______________________________________________________________________________
|_________________________|____________________2015:|_____________in_%_vs._2014|
|Passengers_(total)_______|_______________22,775,054|___________________+_1.3_%|
|___Thereof_______________|_________________________|__________________________|
|___Local_passengers______|_______________16,375,638|___________________+_3.2_%|
|___Transfer_passengers___|________________6,296,386|___________________-_3.6_%|
|Flight_movements_________|__________________226,811|___________________-_1.7_%|
|MTOW_in_tonnes___________|________________8,395,038|___________________+_2.6_%|
|Air cargo and trucking in|                  272,575|                   - 1.8 %|
|tonnes___________________|_________________________|__________________________|
|___Air_cargo_in_tonnes___|__________________196,274|____________________-0.8_%|
|___Trucking_in_tonnes____|___________________76,300|____________________-4.4_%|

_
 ______________________________________________________________________________
|Regions_________|___________________Passengers*|_________________in_%_vs._2014|
|Europe__________|____________________9,829,051_|_______________________+_0.4_%|
|___Thereof______|______________________________|______________________________|
|__Eastern_Europe|_____________________1,917,297|_______________________-_5.3_%|
|__Western_Europe|_____________________7,911,754|_______________________+_1.9_%|
|__Schengen______|_____________________7,082,694|_______________________+_1.1_%|
|__EU____________|_____________________7,477,115|_______________________+_1.5_%|
|Far_East________|_______________________424,400|_______________________+_3.8_%|
|Middle_East_____|_______________________583,082|_______________________+_8.2_%|
|North_America___|_______________________325,603|_______________________+_9.0_%|
|Africa__________|_______________________176,281|_______________________+_5.3_%|
|South_America___|________________________10,928|_______________________-_9.1_%|


                                                                                
                                                   
 ______________________________________________________________________________
|Top_destinations_per|         |            Passengers*|           in%_vs._2014|

|region______________|_________|_______________________|_______________________|
|Eastern_Europe______|Moscow___|________________254,640|_________________-22.7%|
|Western_Europe______|Frankfurt|________________598,015|_________________-12.2%|
|Middle_East_________|Dubai____|________________225,718|__________________-2.8%|
|Long-haul___________|Bangkok__|________________112,782|__________________-2.4%|

 
Traffic_forecast_for_2016
 __________________________________________________________________
|Passenger_development|__________________________________0%_to_+_2%|
|Flight_movements_____|___________________________________-1%_to_0%|

_
Financial_guidance_for_2016
 ___________________________________________________________________
|Revenue________________|__________________________>_EUR_675_million|
|EBITDA_________________|__________________________>_EUR_280_million|
|Consolidated_net_profit|_________________________>=_EUR_105_million|
|Net_debt_______________|_________________________<=_EUR_400_million|
|CAPEX__________________|____________________________~EUR_95_million|

 *departed passengers

Further inquiry note:
Investor Relations:
Mag. Judit Helenyi (+43-1)7007-23126;  j.helenyi@viennaairport.com
Mario Santi (+43-1)7007-22826;  m.santi@viennaairport.com

end of announcement                               euro adhoc 
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company:     Flughafen Wien AG
             Postfach  1
             A-1300 Wien-Flughafen
phone:       +43 1 7007 - 22826
FAX:         +43 1 7007 - 23806
mail:         investor-relations@viennaairport.com
WWW:         http://viennaairport.com/unternehmen/investor_relations
sector:      Transport
ISIN:        AT0000911805
indexes:     ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

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