Vienna Airport Group Takes an Optimistic Approach Towards Recovery in 2022, but Maintains a Degree of Caution

Justin Lee

Singapore

January 31, 2022

1024px Vienna International Airport from the Air Traffic Control Tower 08

The Vienna Airport Group is the operator of Vienna International Airport which serves the capital city of Vienna in Austria. Through Flughafen Wien AG, it has been listed on the Austrian Stock Exchange since 1992. Shareholders of the company include the Province of Lower Austria (20,0%), the City of Vienna (20.0%), the Private Employee Participation Foundation (10.0%) and Airports Group Europe S.à r.l (39.8%). The remaining 10% shares are free float.

Source: Pixabay

Apart from Vienna International Airport, which served more than 30 million passengers in 2019, Vienna Airport Group also operates the Bad Vöslau airfield , Malta International Airport in Malta, as well as Košice Airport in Slovakia. It holds 10.1% of shares in Malta International Airport plc which operates Malta International Airport and 66.0% in Letisko Košice – Airport Košice, a.s, which operates Košice Airport.

Source: Wikimedia Commons

Thanks to the easing of travel restrictions, the development of “Green Pass” as well as a rapid roll-out of a vaccination campaign in Europe in 2021, FWAG was one of the many airport operators that saw a significant recovery in terms of passenger traffic over the year across its airports.

Source: Pixabay

In 2021, Vienna Airport Group saw a 35.8% increase in total passengers handled across its three airports of Vienna, Malta and Košice compared to 2021, even though it was still 66.8% lower than the number of passengers handled in the pre-pandemic year of 2019.

Source: Compiled from FWAG Traffic Data

Subscriber-only content. You must be signed in and have a subscription plan to view this information.

Not a member of airportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.

What's Included

  • In-depth deal pipeline content
  • Feature articles and analysis
  • Detailed operator/investor profiles
  • Industry insights, reports and much more

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.

Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.