Royal Schiphol Group has seen a strong recovery at its airports in the first half of 2023.

However, while it is undertaking major expansion projects at its two airports in Australia and has made an investment in Maastricht Aaachen Airport, it faces challenges at its flagship airport of Amsterdam Airport Schiphol with the Dutch government’s plans to impose caps on flight operations.

Passenger traffic for Royal Schiphol Group’s airports in the Netherlands – consisting of the airports in Amsterdam, Eindhoven and Rotterdam - reached 33.2 million in the first half of 2023.  This was a 21.6% increase in passengers compared to the same period in H1 2023, but still 14.2% below the 38.7 million passengers handled in the first half of 2019.

Royal Schiphol Group Netherlands Airports First Six Months Traffic Evolution (2019-2023)

@Schiphol Group 2023 Interim Report

Traffic at Brisbane and Hobart Airport recovered strongly over 2022 and first six months of 2023, following international and domestic border openings, resulting in passenger numbers trending higher than anticipated.

At Brisbane Airport, passenger traffic for the first half of 2023 reached 10 million passengers, a significant 42.8% increase from the number of passengers handled in the same period in the first half of 2022.

Brisbane Airport H1 2023 Pax Traffic

@Brisbane Airport Facts & Figures

The improvement in passenger traffic has also translated to improved financial performance for Royal Schiphol Group.

For the first half of 2023, the Group generated a turnover of EUR854mn, a 28.4% increase compared to the turnover generated in the first half of HY 2022.

The Group’s EBITDA improved by 33.7% from EUR163mn in the first half of 2022 to EUR218mn in the first half of 2023 while its underlying operating result saw a significant improvement from EUR2mn in the first half of 2022 to EUR59mn in the first half of 2023.