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Flughafen Wien Group: Strong Passenger Growth and Significant Earnings Improvement in the First Quarter of 2018 Upward Revision of Guidance for 2018 - Seite 2

the numerous new flight offerings on the part of Austrian Airlines, Eurowings,
easyJet, Vueling and others as well as new carriers such as Wizz Air,
Laudamotion and as of October 2018 also Hainan Airlines, which will offer a new
long-haul flight connection to China", says Julian Jäger, Member of the
Management Board of Flughafen Wien AG.

*) Profit for the period before non-controlling interests

Revenue up 2.1% to EUR 163.9 million in Q1/2018

In the first quarter of 2018, the Flughafen Wien Group (FWAG) generated revenue
of EUR 163.9 million (Q1/2017: EUR 160.6 million), comprising a year-on-year
increase of 2.1%. The positive effect of passenger growth in the Airport Segment
was in contrast to adjustments made to incentives for the purpose of
strengthening airline bases at Vienna Airport. As a result, at present, revenue
of this segment is not rising to the same extent as the increase in passengers.
However, the higher passenger volumes will correspondingly lead to higher
Airport Segment revenue again in subsequent periods, which is also reflected in
the improved financial guidance for 2018.

It should also be noted that marketing and market communications costs in the
Airport Segment are now encompassed in the incentive model. For this reason, the
item market communications recognised under other operating expenditures is EUR
2.9 million below the comparable prior-year figure.

Traffic development in Q1/2018:

9.0% rise in passenger volume of the Flughafen Wien Group

The Flughafen Wien Group including its foreign strategic investments in Malta
Airport and Kosice Airport reported 6.1 million passengers from January to March
2018, a rise of 9.0% from the previous year.

6.6% increase in passengers handled by Vienna Airport

The number of passengers handled by Vienna Airport in the period January-March
2018 was up 6.6% to 4,864,177 travellers. The number of local passengers was up
6.8% in the first three months of 2018 and transfer passenger volume rose by
6.6%. The number of passengers to Western Europe climbed by 5.6%, and Eastern
European destinations showed passenger growth of 10.5%. Passenger volume to the
Far East rose by 30.7% in Q1/2018, in contrast to the slight drop of 0.1% in
passenger traffic to the Middle East. The number of passengers flying to Africa
developed very positively, showing an increase of 48.5%, whereas the total
number of passengers flying to North America was down slightly by 0.2%.

The number of flight movements in the period January to March 2018 was up 1.7%
from the prior-year level to 48,672 starts and landings. The average seat