Flughafen Wien Ag · VIE:FLU
Flughafen Wien — International Investors Conference, Kitzbühel, January 20-22, 2007
26 slides from Flughafen Wien's conference presentation, January 2008
Slide 1: Vienna International Airport Presentation to Investors
Vienna International Airport Presentation to Investors International Investors Conference Kitzbühel, January 20 - 22, 2007 22. August 2006 Herbert Kaufmann CEO and Speaker of the Board Flughafen Wien AG
Slide 2: Facts & Activities
Facts & Activities 18.8 m passengers in 2007 Excellent location as gateway to East European countries Share of transfer traffic in 2007: 31.9% Full-service airport provider Vienna Airport plc (incl. ground handling) ●Privatised in 1992 Working environment: ●Ownership structure since 2001: ● Approx.
Slide 3: Traffic highlights
Traffic highlights z Passenger traffic 2007 + 11.3% above European average (+ 5.6%*) z Strong development in traffic to Middle East + 18.5% z Flights to Eastern Europe +24.8% z Low-cost carriers + 57.2% z 20 mill. passengers expected in 2008 (instead of original forecast for 2010) * Source: ACI (Jan
Slide 4: Results for 1-9/2007
Results for 1-9/2007 Revenue 1-9/2007: EUR 377.9 million + 8.9% EBITDA 1-9/2007: EUR 152.1 million + 13.0% EBIT 1-9/2007: EUR 101.6 million + 15.8% Net profit 1-9/2007: EUR 74.5 million + 13.0% after minority interest
Slide 5: Results for 1-9/2007: Revenue structure
Results for 1-9/2007 Revenue structure Non - Aviation Handling EUR 96.5 mill. EUR 108.9 mill. + 16.2% + 2.7% 25.6% 28.8% Revenue structure excl. Handling 45.6% Airport 35.9% 64.1% EUR 172.4 mill. + 9.3%
Slide 6: Strategy
Strategy Airport Segment ¾ Goal: growth of 1% above European average • Focus on Eastern Europe, transfer hub and low-cost carriers • Tariffs and incentives • Capacity measures Handling Segment ¾ Goal: safeguard market share and quality standards Non-Aviation Segment ¾ Goal: significant increase in s
Slide 7: Strategy: Airport Segment
Strategy Airport Segment z Focus on Eastern Europe, transfer hub and low-cost carriers ¾ Key gateway to Eastern Europe (+24.8% in passengers during 2007) ¾ High share of transfers (31.9%) ¾ Low-cost carriers: 18.7% share of passenger volume z Marketing activities ¾ Increased international marketing
Slide 8: Tariffs in Comparison
Tariffs in Comparison* *Flights to all regions - all airlines - excl. security Continuation of incentive programme 1 M AD 63% 2 CPH 70% Durchschnitt 3 GVA 71% 4 ZRH 74% 5 KLU 77% 6 BRU 78% 7 M LA 83% 8 PRG 83% 9 M XP 85% 10 VIE 95% 11 BUD 95% 12 WAW 97% 13 TXL 98% 14 STR 99% - Average 100% 15 SZG 10
Slide 9: Development of Tariffs 2007/2008
Development of Tariffs 2007/2008 Changes as of 1.1.2007 z1.38% decrease in the landing charge for pax-flights z No change in the passenger service charge and landside infrastructure charge z 2.02% decrease in the infrastructure charge for fuelling zChanges as of 1.1.2008 z 0.09% decrease in the land
Slide 10: Strategy: Handling Segment
Strategy Handling Segment z Hold key customers over the mid-term ¾ Korean up to 12/2010 ¾ Delta Air Lines up to 5/2010 ¾ Sky Europe up to 12/2009 ¾ Austrian up to 12/2009 ¾ Eva Air up to 2/2009 ¾ China Airlines up to 12/2009 ¾ Qatar up to 12/2009 z Market share for first nine months 2007: 88.9%
Slide 11: Strategy: Non-Aviation Segment
Strategy Non - Aviation Segment z Skylink Terminal: ¾ Substantial increase in gastronomy and shop space beginning in 2009 ¾ Start of tender process for 52 retail shops Reduction Additional Space Total space . in space space in in 2006 as of 2009 as of 2009 Skylink Shopping / Gastronomy 11,200 m2 3,5
Slide 12: Strategy: Non-Aviation Segment
Strategy Non - Aviation Segment z Parking: ¾ Current status: 15,400 parking spaces – thereof 8,000 in car parks ¾ Plus 5,000 spaces in Mazur parking lot (off airport) ¾ Expansion: 2,200 parking spaces in car park 4 (beginning in mid-2008) z Vienna International Airport Security Services GesmbH ¾ Inc
Slide 13: Traffic Results 2007
Traffic Results 2007 Passengers: 18,768,468 (+11.3%) Transfer passengers: 5,991,884 (+5.6%) Flight movements: 254,870 (+7.3%) MTOW (in tonnes): 7,347,754 (+8.6%) Cargo incl. trucking (in tonnes): 272,362 (+2.5%)
Slide 14: Number of passengers at selected airports in Europe
Number of passengers at selected airports in Europe 12 11.3 10 Source: ACI Airports Council International – Europe 8 7.3 6.3 11/2007 5.6* 6 5.3 4.9 4 2 0 2005 2006 2007 Vienna International Airport European average (selected airports)
Slide 15: Traffic Results 2007: Scheduled Traffic Passengers
Traffic Results 2007 Scheduled Traffic Europe total “Passengers” + 16.0% 85.8% Eastern Europe Western Europe North America + 24.8% + 13.8% + 15.2% 67.9% 17.9% 2.9% Middle East Far East + 18.5% - 17.3% 4.3% 5.6% Others + 11.0% 1.4% Change vs. 2006 Share of total passengers
Slide 16: Traffic Results 2007: Airlines – share of passengers
Traffic Results 2007 Airlines – share of passengers % 2007 2006 Austrian Airlines Group 52.6 57.0 Air Berlin 6.7 6.3 Niki 5.5 4.5 Lufthansa 5.3 5.6 Skyeurope Airlines 3.4 0.0 Germanwings 2.5 2.1 British Airways 1.8 2.1 Swiss Intl. 1.7 1.8 Air France 1.6 1.8 KLM 1.2 1.4 Others 17.7 17.4
Slide 17: Comparison of Eastern Europe destinations and frequencies
Traffic Results 2007 Comparison of Eastern Europe destinations and frequencies - summer 2007
Slide 18: Traffic Results 2007: New airlines, new destinations
Traffic Results 2007 New airlines Scheduled airlines 2007: 68 (2006: 64) New destinations Scheduled destinations 2007: 192 (2006: 178)
Slide 19: Comparison - Punctuality at European Hubs
Traffic Results 2007 Comparison - Punctuality at European Hubs Departures delayed more than 15 minutes Delayed aircraft (more than 15 min) in % Vienna International Airport 18.3 Amsterdam 21.4 Zurich 21.4 Frankfurt 22.1 Munich 22.6 Milan Malpensa 23.3 Copenhagen 24.1 Rome 26.8 Paris CDG 29.3 London
Slide 20: Forecast 2008
Forecast 2008 Passengers + 8.0% MTOW + 6.0% Flight movements + 6.0%
Slide 21: Long-Term Forecast
Long-Term Forecast Number of passengers at Vienna International Airport 2000 - 2015 35 Average growth rate 2009-2010: ~ 6.0% Average growth rate 2011-2015: ~ 5.3% 29.5 30 28.0 26.6 PAX in mill. 25.3 24.0 25 22.8 21.5 20.3 18.8 20 16.9 14.8 15.9 Forecast 2008: + 8.0% 15 12.8 11.9 11.9 12.0 2007: + 11
Slide 22: International Investments
International Investments Friedrichshafen Kosice Malta
Slide 23: International Investments: Kosice Airport
International Investments Kosice Airport Second largest airport in Slovakia 66% stake held by TwoOne Consortium since 25 October 2006 Location near borders of: Poland – Ukraine – Hungary - Slovakia 443,448 passengers 2007 (+ 29,0%) 343,818 passengers in 2006 Investment programme: ~EUR 11 mill.
Slide 24: International Investments and Projects: Malta Airport
International Investments and Projects Malta Airport z Passengers 2007 Owners ¾2,974,582 (+9.8%) – Government of Malta: 20.0% – Private investors: 29.9% zPassengers 2006 – VIE through 100% subsidiary 10.1% ¾ 2,709,280 – MMLC (thereof VIE: 57%) 40.0%
Slide 25: International Investments and Projects: Friedrichshafen Airport
International Investments and Projects Friedrichshafen Airport Flughafen Wien AG is the largest single shareholder with stake of 25.15% Located near borders of: Germany – Austria – Switzerland 655,689 passengers in 2007 (- 0.3%) 657,749 passengers in 2006 Acquisition price: EUR 7.7 mill.
Slide 26: Vienna International Airport Presentation to Investors
Vienna International Airport Presentation to Investors International Investors Conference Kitzbühel, January 20 - 22, 2007 22. August 2006 Herbert Kaufmann CEO and Speaker of the Board Flughafen Wien AG
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