EANS-News

Vaccination Drive and Testing Strategy Should Enable Healthy Travel for Everyone in 2021 - Vienna Airport Expects Recovery of Flight Traffic No Later Than in the Second Half of the Year - Seite 2

tourism in motion again. This is the only way to successfully find our way out
of the crisis," states Julian Jäger, Member of the Management Board of Flughafen
Wien AG.

"Extension of short time work is indispensable in safeguarding jobs"

"As one of the most important employers, the travel industry requires further
government support in the form of an extension of the short time work model
which has been extremely successful up until now in order to preserve and
safeguard jobs. This is the prerequisite for preventing layoffs by Flughafen
Wien AG in spite of the approx. 60% drop in traffic compared to 2019. Vienna
Airport has successfully mastered the crisis even if 2020 resulted in a net loss
for the first time. With an equity ratio of about 60% and our being almost debt-
free, we laid a solid foundation in the past profitable years with respect to
our crisis resilience. The successfully implemented cost reduction programme,
government support and the delay of major planned investments enables us to be
more optimistic once again with respect to our business development in 2021 and
return to profitability again. In spite of the difficult phase we are currently
in, the growing confidence on the part of the population concerning the
meaningfulness and effectiveness of the vaccination should lead more people to
once again book holiday flights in the summer and autumn months. This is because
flying will never be as inexpensive in the future as it is now. For this
purpose, we are continuing our comprehensive measures to ensure safe and healthy
travelling. Up until now about 130,000 people have had a COVID-19 PCR test done
at Vienna Airport", says Günther Ofner, Member of the Management Board of
Flughafen Wien AG.

9.7 million passengers (-75.6%) handled by the Flughafen Wien Group in 2020

The Flughafen Wien Group (Vienna Airport and the international strategic
investments in Malta Airport and Kosice Airport) reported a total of 9.7 million
passengers in the year 2020, comprising a year-on-year decrease of 75.6%.

7.8 million passengers (-75.3%) at Vienna Airport

Vienna Airport also registered a massive decline in the number of passengers it
handled, recording a total of 7,812,938 passengers in 2020, a drop of 75.3% from
the prior-year level. This corresponds approximately to the passenger volume of
the year 1994. Passenger volume also declined with respect to transfer traffic
(-79.2%) and local passengers (-74.1%). The number of starts and landings fell
by 64.1%, whereas capacity utilisation of the aircraft (seat load factor)
dropped by 19.9 percentage points to 57.4%. Cargo volume showed a downward
development, decreasing by 23.2% in the year 2020.