Flughafen Wien Ag · VIE:FLU

Flughafen Wien — International Investor's Conference Kitzbühel 2007

26 slides from Flughafen Wien's conference presentation, January 2007

  1. Slide 1: Vienna International Airport Presentation to Investors

    Ve Vienna International Airport Presentation to Investors International Investor´s Conference Kitzbühel, January 24 - 27, 2007 Herbert Kaufmann CEO and Speaker of the Board Flughafen Wien AG 1

  2. Slide 2: Facts & Figures

    Ve Facts & Figures z Vienna Airport plc z Well situated as gateway to - Privatised in 1992 Eastern Europe - Present ownership structure: z Full-service airport provider 40% Public sector (including ground handling) 10% Employee trust 50% Free float z Working environment z 16.9 m passengers in 2006 -

  3. Slide 3: Strategy – Vienna International Airport Group

    Ve Strategy – Vienna International Airport Group z Airport Segment ¾ Focus on Eastern Europe ¾ Transfer hub for Eastern Europe, Near and Far East ¾ Low-cost Carrier z Handling Segment ¾ Market share ¾ Focus on air cargo z Non - Aviation Segment ¾ Retail and gastronomy ¾ Office space ¾ Parking ¾ CAT

  4. Slide 4: Strategy – Airport Segment

    Ve Strategy – Vienna International Airport Group Airport Segment z Segment investments: EUR 456 m (2006 – 2010) z Optimization of tariff structure ¾Tariff formulas extended to 2009 ¾Incentives extended to cargo airlines z Marketing activities ¾ Increased marketing activities in Eastern Europe, Near

  5. Slide 5: Changes in Tariff Regulations as of 1.1.2007

    Ve Changes in Tariff Regulations as of 1.1.2007 TARIFFS (resulting from formula*) z No change in passenger service charge zDecrease of 1.38% in landing charge z Incentives for cargo flights * CPI minus 1/3 Growth rate 5

  6. Slide 6: Strategy – Handling Segment

    Ve Strategy – Vienna International Airport Group Handling Segment z Long-term contracts ¾ Korean up to 12/2010 ¾ Austrian up to 12/2009 ¾ Eva Air up to 12/2009 ¾ China Airlines up to 12/2009 75% of market share secured ¾ Qatar up to 12/2009 ¾ Emirates up to 12/2008 (2006: 90% market share) ¾ Air Ber

  7. Slide 7: Strategy – Non-Aviation Segment

    Ve Strategy – Vienna International Airport Group Non - Aviation Segment z Segment investments: EUR 77 m (2006 – 2010) z Skylink Terminal: substantial increase in retail and gastronomy space beginning in 2009 z Office Park II z Expansion of parking areas ¾ Extension of existing car park (+ 2.600 park

  8. Slide 8: Results 1-9/2006

    Ve Results 1-9/2006 Change in EUR m 1-9/2006 1-9/2005 in % Turnover 347.0 304.9 + 13.8 Other operating income 8.6 17.3 - 50.1 Operating income 355.6 322.2 + 10.4 Operating expenses (excl. depr./amort.) - 221.0 -199.8 + 9.7 EBITDA 134.6 122.4 + 9.9 Depreciation and amortisation - 46.8 - 40.4 + 16.1 E

  9. Slide 9: Results 1-9/2006 – Turnover structure

    Ve Results 1-9/2006 Turnover structure Non-Aviation EUR 83.9 m Handling + 27.5% EUR 106.1 m + 8.9% 23.9 % 30.6 % Turnover structure excl. handling 45.5% Airport EUR 157.8 m 34.5 % 65.5 % + 10.9% 9

  10. Slide 10: Traffic Results 2006 – Highlights

    Ve Traffic Results 2006 Highlights 2006 z Traffic growth in 2006 6.3% above European average (+5.3%*) and our own forecast (+6 %) z Strong development in mid-haul flights Near East 14.4% z Flights to Eastern Europe 8.0% z Low-cost carriers 13.2% z Cargo 13.3% * Source: ACI (January - November 2006)

  11. Slide 11: Traffic Results 2006

    Ve Traffic Results 2006 Passengers: 16,855,725 (+ 6.3%) Transfer passengers: 5,673,586 (+ 4.2%) Flight movements: 237,490 (+ 2.9%) MTOW (t): 6,765,734 (+ 3.7%) Cargo incl. trucking (t): 265,778 (+ 13.3%) 11

  12. Slide 12: Traffic Results 2006 – Scheduled Traffic

    Ve Traffic Results 2006 Scheduled Traffic - Passengers Share of traffic Change in % in % Europe 83.9 + 8.5 East: 16.3 + 8.0 West: 67.7 + 8.6 Far East 7.7 + 2.2 Middle East 4.1 + 14.4 North America 2.9 - 5.4 Others 1.4 - 8.0 TOTAL 100.0 Scheduled traffic comprises 94.2% of total traffic 12

  13. Slide 13: Traffic Results 2006 – Low-Cost Carriers

    Ve Traffic Results 2006 Passengers – Low-Cost Carriers LCC share 2006 % to 2005 in % Air Berlin 1,057,422 + 13.8 6.3 Niki 753,221 + 11.5 4.5 Germanwings 360,352 + 7.7 2.1 Blue Express 32,092 - n.a. 0.2 Intersky 26,693 - 52.8 0.2 TOTAL 2,229,780 + 13.2 13.2 13

  14. Slide 14: Comparison of traffic to Eastern Europe

    Ve Traffic Results 2006 Comparison of traffic to Eastern Europe in November 2006 * OAG – November 2006 14

  15. Slide 15: Airlines – Share of Passengers

    Ve Traffic Results 2006 Airlines – Share of Passengers % 2006 2005 Austrian Airlines Group 57.0 56.6 Air Berlin 6.3 5.9 Lufthansa 5.6 5.5 Niki 4.5 4.3 Germanwings 2.1 2.1 British Airways 2.1 2.2 Air France 1.8 1.8 Swiss Intl. 1.8 2.0 KLM 1.4 1.5 Turkish Airlines 1.0 1.1 Others 16.3 17.1 15

  16. Slide 16: Punctuality at European Hubs

    Ve Traffic Results 2006 Comparison - Punctuality at European Hubs Departures delayed more than 15 minutes Delayed aircraft (more than 15 min) in % Vienna International Airport 17.6 Zurich 22.4 Munich 22.6 Amsterdam 23.3 Frankfurt 24.7 Copenhagen 25.7 Milan Malpensa 30.3 Paris CDG 30.6 Rome 35.7 Lond

  17. Slide 17: Cargo Development

    Ve Traffic Results 2006 Cargo Development Change in 2006 2005 % Air freight (dep. + arr.) in tonnes 187,852 167,494 12.2 Trucking (dep. + arr.) in tonnes 77,926 67,183 16.0 Air freight + trucking in 265,778 234,677 13.3 tonnes 17

  18. Slide 18: Traffic Results - Forecast 2007

    Ve Traffic Results - Forecast 2007 Passengers + 5% MTOW + 3% Flight movements + 2% 18

  19. Slide 19: Number of Passengers at Selected Airports in Europe

    Ve Number of Passengers at Selected Airports in Europe 18 15,7 16 14 12 10 8 6,8 7,0 7,3 6,3 5,3 6 4,9 4 2,1 2 0 2003 2004 2005 2006 VIE European average 19

  20. Slide 20: Number of Passengers at Selected Airports in Europe

    Ve Number of Passengers at Selected Airports in Europe 3-year average Pax in mill. Growth in % 20,00 15,1 11,7 7,8 7,7 7,5 10,00 6,7 6,6 6,3 6,3 6,3 6,1 5,7 5,4 4,5 4,3 4,2 4,2 4,1 3,9 3,6 3,4 3,4 3,3 3,2 3,2 2,7 2,6 2,3 2,3 1,9 1,3 0,5 0,00 70,00 67,4 -10,00 60,00 -20,00 52,5 51,4 50,00 -30,00 43,2

  21. Slide 21: International Projects

    Ve International Projects z Previous acquisitions ¾ Kosice Airport ¾ Malta International Airport z New acquisitions ¾ Focus on Eastern Europe and neighbouring countries ¾ Friedrichshafen Airport 21

  22. Slide 22: Kosice Airport

    Ve Kosice Airport z Second largest airport in Slovakia z Total area: 3.4 km² z 1 runway: ¾ Runway 01/19: 3,100m z 343,818 passengers in 2006 (+27.4%) z Investments: ~EUR 11 m z Crossroads between 4 countries: Poland – Ukraine – Hungary - Slovakia z Gateway to High Tatra tourism region 22

  23. Slide 23: Malta International Airport

    Ve Malta International Airport z Passengers in 2006 z Owners 2,701,624 (-2,8%) - Government of Malta: 20.0% - Private investors: 29.9% - VIE through 100% subsidiary 10.1% - MMLC (thereof VIE: 57%) 40.0% z 2007 ¾ Ryan Air ¾ Germanwings (March 2007) ¾ Meridiana (summer 2007) EBIT and share price have

  24. Slide 24: Friedrichshafen Airport

    Ve Friedrichshafen Airport z Total area: 150 ha z 1 runway: ¾ Runway 06/24 : 2,356m z Approx. 650,000 passengers in 2006 (~ +10.0%) z Airlines: Intersky, Lufthansa, Air Berlin, Icelandexpress z Crossroads between 3 countries: Germany – Austria – Switzerland 24

  25. Slide 25: Friedrichshafen Region

    Ve Friedrichshafen Region Location and population: z Germany: Baden-Württemberg z Population: 57,208 (December 2005) Infrastructure: z Bodensee - Friedrichshafen Airport z Regional railway crossroads z Direct ferry connections to Switzerland Major industrial site: z MTU Friedrichshafen GmbH (large d

  26. Slide 26: Thank You!

    Ve Thank You! 26

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