Vienna profits and traffic fall

By Administrator |

Vienna Airport operator Flughafen Wien has reported a 16% fall in first-quarter net profit to E.17.5m ($24.5m), blaming a sharp decline in traffic to emerging Europe.


Airport management said yesterday that revenue declined by 6% to E.121.4m ($169.2m) against a background of a 15% decline in passenger traffic for the first three months of 2009. Passenger numbers flying to emerging European countries fell by 18% percent, although traffic to the Middle East was more resilient.

The airport company says that it is now hoping to keep its traffic decline for the full year to 9% or below.

News in Brief

Saudi Arabia adopts duty free arrivals exemptions

Zakat, Tax and Customs Authority (ZATCA) of Saudi Arabia, has adopted exemption requirements...

International

OUT NOW: June/July issue + Top 10 Airports

The TRBusiness June/July 2024 edition, featuring the Top 10 Airports report, is now available...

The Americas

Avolta expands US presence with 15-year contracts at John Wayne Airport

Avolta is set to grow its presence at John Wayne Airport in Orange County, California, through a...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend