Slide 1: Traffic Results for 2011 and Outlook for 2012
T ffi Results Traffic R lt for f 2011 and Outlook for 2012 19 January 2012
Slide 2: 2011: Passenger traffic at all-time high
2011: Passenger traffic at all-time high Passengers: Strong growth despite Japan and North Arica 21,106,292 (+7.2%) (European average: 1-11/2011: 7.0%) Transfer passengers : Significant increase for AUA starting in H2/11 6,521,292 (+10.2%) Flight movements : Zero growth, but increase in MTOW/flight
Slide 3: Traffic results for 2011
Traffic results for 2011 Passengers Europe total +8.6% 87.7% 87 7% Eastern Europe Western Europe North America +14.9% +7.0% +2 3% +2.3% 68.8% 18.9% 2.0% Middle East Far East Others -29.9% +3 7% +3.7% +6 9% +6.9% Strongest destinations 1.7% 4.8% 3.9% ¾ Western Europe: Frankfurt, Frankfurt London Lond
Slide 4: VIE is the leading hub to Eastern Europe
VIE is the leading hub to Eastern Europe 2011: 73 airlines, 174 destinations With 40 destinations destinations, the leading hub to Eastern Europe: (FRA: 35, 35 MUC: 33) New airlines* New destinations* Increased frequencies* • Transavia T i (Rotterdam) (R tt d ) • Rotterdam R tt d • Berlin, B li D Du
Slide 5: Traffic results: total passenger volume by airline
Traffic results: total passenger volume by airline 2011 2010 2011 2010 ∆ in % PAX in mill PAX in mill Share in % Share in % AUA 10 55 10.55 10 03 10.03 +5 2 +5.2 50 0 50.0 50 9 50.9 Lufthansa 1.09 0.94 +16.5 5.2 4.7 Germanwings 0.48 0.44 +9.3 2.3 2.3 Swiss 0 34 0.34 0 32 0.32 +6 2 +6.2 16 1.6 16 1.6
Slide 6: Traffic results for 2011
Traffic results for 2011 30th (typical) peak day and 30th (typical) peak hour Peak day 2011: Passengers 72,146 +5.8% (19.09.2011) Flight movements (arr.+dep.) 755 -1.8% (26.09.2011) Peak hour 2011: Passengers 6,363 +9.0% Flight movements (arr.+dep.) 68 +/- 0% ¾ VIE is the most punctual hub in the LH
Slide 7: 25.5 mill passengers within the Flughafen Wien Group
25.5 mill passengers within the Flughafen Wien Group Malta International Airport ¾ 3,506,521 , , passengers p g ((+6.5%)) Kosice Airport p ¾ 266,143 passengers (+0.3%) Friedrichshafen Airport ¾ 571,709 passengers (-3.2%) + 21.1 million passengers at Vienna Airport (+7.2%)
Slide 8: 2012 will be a challenging year for the aviation business
2012 will be a challenging year for the aviation business Challenges and opportunities for VIE ¾ Reserved expectations for economic growth ¾ Rising costs (federal aviation duty, kerosene prices, emission certificates) increase pressure on the airlines – and thereby on the airports with respect to ta
Slide 9: Traffic growth will level off in 2012
Traffic growth will level off in 2012 Passengers 0% to 1% Fli ht movements Flight t -1% 1% tto 0% Maximum take-off weight (MTOW) -3% to -2% Assumptions: ¾ Increased seating capacity in same aircraft type ¾ General economic environment and AUA fleet conversion ¾ MTOW decline due to decrease in flight
Slide 10: Outlook for 2012
Outlook for 2012 Important progress with savings programme and reorganisation – Plus in 2012 despite numerous challenges ¾ In spite of economic headwinds and stronger pressure on earnings due to y Skylink: increase in revenue and net p profit over 2011 ¾ SUCCESS OF SAVINGS PROGRAMME – improvement of
Slide 11: Significant undervaluation – market capitalisation only approx. 70% of equity/book value
Significant undervaluation – market capitalisation only approx 70% of equity/book value approx. FWAG 1.000 ¾ Sustainable positive business 800 development is the basis for strengthening the share 600 ¾ Revitalisation of existing facilities ¾ Utilisation of opportunities in non- 400 800 aviation i ti
Slide 12: FWAG share substantially undervalued in comparison with other listed airports
FWAG share substantially undervalued in comparison with other listed airports Price / book value of FWAG share far below peers Price / book value ratio 2,0 15 1,5 1,0 0,5 00 0,0 Frankfurt Paris Zurich Vienna Values based on Reuters estimates for book value in 2011 and median of price recommendations
Slide 13: Successful start-up of Skylink has top priority in 2012
Successful start-up of Skylink has top priority in 2012 ¾ Skylink y will significantly g y improve p q quality y and travel comfort at Vienna International Airport ¾ Construction and start-up on schedule – test operations currently in progress ¾ Capacity increase up to 30 million passengers, attract
Slide 14: Flughafen Wien is ready for challenging times
Flughafen Wien is ready for challenging times Successful implementation of key strategic course: ¾ Investment programme for 2011-2015 cut from € 650 million to € 590 million ¾ Savings programme realised ¾ Reduction in internal operating costs ¾ Slowdown in personnel costs: reduction in overtime work
Slide 15: New organisational structure with focus on transparency and greater efficiency
New organisational structure with focus on transparency and greater efficiency 15
Slide 16: Traffic Results for 2011 and Outlook for 2012
T ffi Results Traffic R lt for f 2011 and Outlook for 2012 19 January 2012