Flughafen Wien Ag · VIE:FLU
Flughafen Wien — Corporate Update (April 2016)
11 slides from Flughafen Wien's corporate update, Apr 4, 2016
Slide 1: Enhanced quality for passengers, improved profitability for the company
ENHANCED QUALITY FOR PASSENGERS, IMPROVED PROFITABILITY FOR THE COMPANY Forward-looking terminal development project at Vienna Airport
Slide 2: Vienna Airport presses ahead with quality campaign
Vienna Airport presses ahead with quality campaign Terminal 3 in operation since June 2012 – Doubling of terminal space Comprehensive modernization of Terminal 1 – back in use since January 2013 New and more attractive design of the Pier West Restructuring of Shopping-Plaza in Terminal 2, improved a
Slide 3: Moving towards a 5-Star-Airport rating: our objectives
Moving towards a 5-Star-Airport rating: our objectives Improvement of quality for the benefit of passengers and customers Modern and pleasant atmosphere in all terminal areas at a similarly high quality level, further improvement of barrier-free access Expansion and improvement of shopping and gastr
Slide 4: Project overview
Project overview Terminal 2 Southern enlargement Pier East 4 4
Slide 5: Terminal development as a quality factor: key projects
Terminal development as a quality factor: key projects Terminal 2 ✈ Renovation of suspended roof ✈ Setting up of central security check point for Pier East and Pier West ✈ Expansion of baggage claim area by three additional baggage carousels ✈ Expansion of existing lounges and office space Pier East
Slide 6: Terminal development as a quality factor: key projects
Terminal development as a quality factor: key projects New construction: enlargement to the south ✈ Expansion of shopping and gastronomy areas by up to 10,000 m2 to ensure greater comfort during one‘s stay and an improved view of the airport apron ✈ Relocation and expansion of central security check
Slide 7: Best practices in project development
Best practices in project development ✈ First step: Project development (over about the last two years) the decisive success criteria: many options were developed and rejected, ultimately the most functional and economically feasible was selected; all areas of the company involved in the project dev
Slide 8: Costs, financing, feasibility
Costs, financing, feasibility Absolute cost cap for all projects: maximum of € 500 million From today‘s perspective, financing largely based on the ongoing cash flow; net debt during project duration to remain below 2x net debt/EBITDA ratio Return of shopping and gastronomy expansion of about 9% sig
Slide 9: Vienna Airport as a "strong developer"
Vienna Airport as a “strong developer” ✈ Flughafen Wien AG has all the personnel and material resources required to act as a “strong developer” – complete implementation of recommendations made by the Austrian Court of Audit – company has learned from negative past experiences ✈ European-wide tender
Slide 10: High standards
High standards ✈ Priority is the needs of future users, more important than design aspects; this assures high quality of experience for relaxed travelling ✈ Minimization of future operating costs on the basis of high ecological and energy-related standards ✈ Full consideration given to concerns of p
Slide 11: Thank you for your attention!
THANK YOU FOR YOUR ATTENTION! 11