3 June 2026
Strong business performance in 2025
Record passenger numbers and revenue
Revenue rises by 7.2% in 2025, earnings impacted by the derecognition of assets related to the 3rd runway project
− Clear passenger growth (Group +4.9%) and good performance in non-aviation earnings drove revenue up by 7.2%
to € 1,128.9 million; all divisions and subsidiaries contributed positively to earnings
− Derecognition of assets of € 55.G million related to the 3rd runway had a one-time impact on EBITDA (€ 412.4 million vs. 2024: € 442.3 million) and net income (€ 210.1 million vs. 2024: € 239.5 million); about half of the negative effect was offset by improved operating performance
− Proposed dividend: € 1.65 per share, which is in line with the previous year's level and represents a payout ratio of
approximately 75%
Flughafen Wien Group is consistently pursuing its growth strategy - better framework conditions are needed!
− Vienna Airport - new terminal, office, and logistics infrastructure
Terminal 3 Southern Expansion, Pier North Extension, Office Park 4 NEXT
− Malta Airport - increased capacity to support dynamic passenger growth
terminal "East Expansion", new Sky Parks 2 office building, parking garage expansion
Solid start to the year, Middle East conflict adds uncertaintyFinancial guidance remains unchanged based on current assessments
Moderate increase in revenue and earnings in Q1/2026
− Positive traffic (passengers: Group +5.3%, Vienna +1.6%) and non-aviation trends, higher de-icing revenue, elimination of incentives revenue +6.1%, EBITDA +8.2%, net profit +5.3%
− Successful implementation of cost-saving and efficiency-enhancing measures EBITDA margin +0.7%p to 36.7%
Outlook for 2026: Earnings expected to remain at the previous year's level despite lower fees and fewer passengers
− Passenger decline at Vienna Airport due to reduced low-cost carrier capacity and Middle East conflict
− Robust traffic growth in Q1/2026, passengers decline in April (Group -2.1%, Vienna Airport -8.2%)
− At this time, Flughafen Wien AG confirms its passenger and financial guidance for 2026:
For 2026, a stable net profit of € 210 million is expected despite fare reductions and a decline in passenger numbers,
thanks to a successful cost-saving program
Revenue increased by +7.2% in 2025Continued positive financial result - one-off effect of € 55.G mn related to 3rd runway
€ millions | 2025 | 2024 | Δ |
Revenue | 1,128.9 | 1,052.7 | +7.2% |
Earnings before interest, tax, depreciation and amortisation (EBITDA) | 412.4 | 442.3 | -6.8% |
Earnings before interest and taxes (EBIT) | 279.5 | 306.1 | -8.7% |
Financial results | 11.1 | 15.5 | -28.6% |
Earnings before tax (EBT) | 290.6 | 321.7 | -9.6% |
Net profit for the period | 210.1 | 239.5 | -12.3% |
Net profit after non-controlling interest | 185.0 | 216.3 | -14.4% |
− Revenue advanced by +7.2% to € 1,128.9 million, driven by passenger growth, tariff adjustments, non-aviation revenues
− Derecognition of assets in the amount of € 55.G million due to the decision not to pursue the 3rd runway project
− Substantial contribution of Malta airport to the Group net profit thanks to its profit for the period of € 49.8 million
− Noticeable earnings contribution from the positive financial result of € 11.1 million, but reduced interest income due to the lower interest rate environment
Ongoing cost pressure | |||
Significant increase in personnel expenses | |||
€ millions | 2025 | 2024 | Δ |
Consumables and services used | -56.5 | -55.7 | +1.5% |
Personnel expenses | -419.5 | -386.1 | +8.7% |
Other operating expenses1 | -254.8 | -190.1 | +34.0% |
Depreciation and amortisation | -132.9 | -136.1 | -2.1% |
EBITDA margin | 36.5% | 42.0% | |
EBIT margin | 24.8% | 29.1% | |
− Rising personnel costs weigh on profitability: After taking into account a consolidation change
("Get2", accounted for using the equity method instead of full consolidation; corresponding increase in
other operating expenses), personnel expenses rose by more than 12%
− Adjusted for the derecognition of assets in connection with the 3rd runway, EBITDA and EBIT margins remained largely stable
Cash flow s equityStrong balance sheet structure enables growth investments in Vienna and Malta
€ millions | 2025 | 2024 | Δ |
Cash flow from operating activities | 333.3 | 443.7 | -24.9% |
Free cash flow | 159.3 | 114.2 | +39.5% |
Capex | 281.3 | 189.8 | +48.2% |
Net liquidity | 413.8 | 511.6 | -19.1% |
Equity | 1,726.9 | 1,667.2 | +3.6% |
Equity ratio | 71.6% | 69.5% |
− Significant increase of close to € 100 million in capital expenditure to € 281.3 million (2024: € 189.8 million): Terminal 3 Southern Expansion € 127.4 million, baggage sorting facility (HBS Standard 3) € 18.7 million, central logistics centre € 9.2 million, Malta Airport € 61.6 million (Sky Parks 2 office building, terminal expansion, apron)
− Unchanged robust balance sheet structure featuring an equity ratio of 71.6%; capex increase led to a
reduction in net liquidity (€ 413.8 million vs. € 511.6 million in 2024)
− Decline in the cash flow from operating activities mainly related to higher corporate income tax payments; improvement in the free cash flow due to proceeds from the disposal of financial assets
Dividend per share of € 1.65 for 2025Shareholders and employees benefit from the company's success
1,65
1,50
1,35
1,20
1,05
0,90
0,75
0,60
0,45
0,30
0,15
0,00
Dividend/share (€) 1.65
− Dividend proposal of € 1.65 per share for 2025
(2024: € 1.65)
− Increase in the payout ratio to 75%
− Dividend represents a dividend yield of 3.1%1
− Employees of Flughafen Wien AG also profit from the business development via the Private Employee Participation Foundation (owns 10% of the company's shares)
Own sharesReport on own shares pursuant to Section 65 Par. 3 Stock Corporation Act
€ millions | 2025 | 2024 | ||
Shares issued as of 1 January | 84,000,000 | 84,000,000 | ||
Own shares | -125,31G | -125,31G | ||
Weighted average | 83,874,681 | 83,874,681 |
Unchanged financial outlook on the basis of current assessments
Revenue
approx. € 1,050 million
EBITDA
approx. € 415 million
Group net profit b.m.
approx. € 210 million
Group net profit a.m.
approx. € 185 milion
Capex
approx. € 330 million
Boom in new businesses, expansion on land bank
− In 2025 around 20 new companies have set up operations - with 23,500 employees, Vienna Airport is the largest employer in the eastern region
− Real estate development as a key pillar: leased space has doubled over the past 10 years to more than 200,000 m²
− Space Hub as the home base of the Austrian space industry: Five new companies will set up operations in the coming weeks, while existing space companies are expanding their business and production space
− Opening of the new hotel following a change in operator/owner before the start of the
summer vacation season
− Expansion of Office Park 4 NEXT in full swing: Groundbreaking in February 2026, completion planned for 2028 - a total of 17,000 m² of additional office and conference space
− Development area West at Vienna Airport: 47 hectares of additional development
space with new logistics capacities
Terminal 3 Southern Expansion on scheduleBoosting non-aviation potential
− On budget and schedule: Investment volume of € 420 million; opening planned for Q2/2027
− Expansion of Terminal 3 by approximately 70,000 m² ("Terminal 3 Southern Expansion")
− Passengers can expect an improved travel experience with greater comfort, better service,
and a significantly broader shopping and dining experience
− Revenue growth driven by substantially expanded shopping and dining areas
Shopping and dining space increases by approximately 50% to around 30,000 m²
Focus on Austrian cuisine as well as strong national and international premium brands
Current:
Expansion of the food and beverage, retail, and lounge areas; handover to
operators
Completion of structural elements by the end of 2026
Interfacing projects with Terminal 3, stairwells, Pier East, etc.
Preparation for the second construction phase - renovation of Terminal 3
Growth projects in the coming yearsFlughafen Wien Group is investing in quality and capacity expansion
Vienna Airport - New terminal, office and logistics infrastructure
Terminal development
Terminal 3 Southern Expansion
Terminal 3 remodelling
Extension of Pier North
Commercial buildings s IT
Development Zone West
Apron electrification, grid expansion
Apron and runway system
New de-icing areas
CAPEX of approx.
€ 330 million in 2026
Total planned investments of about
€ 1.5 billion by 2030
Expansion of aircraft parking position at Pier North
Renewal of passenger boarding bridges
Real estate
Office Park 4 NEXT
Malta Airport - Capacity expansion for dynamic passenger growth
Aviation
Terminal "East Expansion"
Runway modernisation
Expansion of the airport apron
Non-aviation
Sky Parks 2 office building
Car park expansion
Share price s market capitalizationAll-time high (€ 56.2) in November; the Middle East conflict is currently weighing on the
aviation sector
Stock Price (Performance in % since January 1, 2012) Market Capitalization (in € million)
900 10.000
800
700
600
500
400
300
200
100
0
9.000
8.000
7.000
6.000
5.000
4.000
3.000
2.000
1.000
-
Flughafen Wien
Flughafen Zürich
Vienna Airport
Zurich Airport
Fraport
Vienna Airport Fraport Zurich Airport
EU overregulation and stricter requirementsare curbing growth in the European aviation industry
Green Deal is accelerating the economic downturn in Europe
− Rapid adaptation of EU regulations as well as aviation tax are necessary
− 2027 revision of EU aviation regulations must lead to a fundamental change in direction
− SAF targets cannot be met without investment: the current regulatory system is not working - too expensive, insufficient volumes
− Green Deal is a resounding failure - the transition requires more time and is too expensive; no one in the world is
following Europe
− Without significant growth, the necessary investments in Europe's aviation infrastructure cannot be financed
(BCG study)
Massive competitive disadvantage for EU business locations: European airports and airlines are at a competitive
disadvantage - non-EU carriers and hubs are pulling significantly ahead
−
Traffic s segment results 20252025 set new records
but high location costs lead to a decline among low-cost carriers in 2026
New milestone for Flughafen Wien Group with 43.4 million passengers in 2025
− Records at Vienna Airport: 32.6 million passengers (+2.6%), 313,763 tons of cargo (+5.3%)
− New highs for strategic investments: Malta Airport surpasses 10 million passengers for the first time (+12.3%), Košice Airport 0.8 million passengers (+12.2%)
− Vienna Airport remains among Europe's leaders in on-time performance
Reduction in low-cost carrier capacity and the Middle East conflict weigh on 2026
− High location costs due to the aviation tax lead to cutbacks among low-cost carriers - Wizz Air closed its Vienna hub in mid-March 2026, and Ryanair is reducing capacity
− Middle East conflict increases uncertainty regarding passenger growth for the remainder of the year
− Projected approx. 41.5 million PAX for the Group (2025: 43.4 million) and approx. 30 million at Vienna Airport
(2025: 32.6 million)
− Increasing economic pressure on airport operators: Difficulty in passing on rising operating costs to airline customers
Strong year 2025 for Flughafen Wien GroupFlughafen Wien Group passenger 2025 | 2024 | Δ 2024 |
Vienna Airport (millions) 32.6 | 31.7 | +2.6% |
Malta Airport (millions) 10.1 | 9.0 | +12.3% |
Košice Airport (millions) 0.8 | 0.7 | +12.2% |
Vienna Airport and its strategic investments 43.4 | 41.4 | +4.G% |
Double-digit growth rates in Malta and Košice
development1
(VIE, MLA, KSC)
− 43.4 million passengers in FWAG Group (+4.G%)
− Strong growth at Malta Airport (+12.3%) and Košice Airport (+12.2%)
− Malta as a growth driver: Malta Airport accounts for 23% of the total passenger volume of the Flughafen Wien Group
− Expanded range of destinations and frequencies at all three airports
Record: 32.6 million passengers at Vienna AirportContinued high seat occupancy with increased capacity
Vienna Airport
traffic development1
2025
2024
Δ 2024
− New passenger record despite persistently weak
economic development, economic headwinds,
Local passengers (millions) 25.7 24.9 +3.5%
Passengers (millions) 32.6 31.7 +2.6%
and military conflicts
− Seat load factor remains high at 80.5%
Flight movements (in 1,000) 240.4 234.1 +2.7%
Transfer passengers (millions)
Seats arriving/departing
6.6 6.8 -2.9%
− Number of movements 10% below 201G
− Strong momentum in Q4/2025 (PAX +5.1%): resumption of destinations in the Middle East, expanded offering during the fall holidays,
(millions) 40.8 39.4 +3.6%
Passengers per movement 138 138 +0.1%
Seat load factor (SLF, in %) 80.5% 80.8% -0.3%p
Austrian Airlines short-haul growth, increased
seat load factor
− Continued very good cargo development
Cargo (in 1,000 tonnes) 313.8 297.9 +5.3%
Regional passenger development in 2025Focus on intra-European routes:
− Around 85% of passengers
Strong growth in the Far East:
− New and resumed flights to destinations (Scoot, ANA, Hainan)
− Increase in existing frequencies
Vienna Airport is a hub for
destinations in CEE:
− Passenger growth of 1.9% in the region
thereof Western
Europe
Growth e.g. to Istanbul,
Frankfurt, Mallorca and Bari
North America
Growth e.g. to
Newark, Los Angeles and
Boston
Latin America
Termination of flight service to Cancún
Europe
3.0%
+0.2%
+4.1%
0.0%
-100%
5.7%
+10.6%
4.1%
+21.6%
2.3%
Growth e.g. to Agadir,
Hurghada, Mauritius and Addis Abeba
16.5%
+1.G%
68.3%
+0.6%
84.G%
+0.G%
Growth e.g. to
Tel Aviv, Sharjah und Jeddah
thereof Eastern Europe
Middle East
Africa
Growth e.g. to Chişinău, Tirana, Pristina and
Košice
Far East
Growth e.g. to Singapur, Tokio, Beijing, Chengdu and Bangkok
Passenger development vs. The prior-year period Market share
Departing passengers, development 2025 vs. 2024 and share of total passenger volume in 2025
Performance of top countries and destinations 2025High demand for the Mediterranean region - Asia No. 1 for long-haul flights
Top 10 countries 20251 Top 3 winners - increase vs. 2024
Country 2025 Δ 2024
1. Germany
4,118,216
- 40,681
-1.0%
-1,423,890
-25.7%
absolute
Δ 201G
Δ % 2024
+542,855 | +22.6% | 2. Israel | 442,551 | +131,235 | +42.2 | |
+834,845 | +41.7% | 3. UAE | 850,981 | +90,925 | +12.0 | |
+697,471 | +61.3% | |||||
-19,333 -1.2% Top 3 losers - decline vs. 2024 | ||||||
absolute
Δ % 201G
1. Türkiye 1,834,345 +141,154 +8.3
Country 2025 Δ 2024 absolute Δ % 2024
2. Spain | 2,948,130 |
3. Italy | 2,834,702 |
4. Turkey | 1,834,345 |
5. UK | 1,651,453 |
6. Greece | 1,564,509 |
7. France | 1,344,992 |
8. Switzerland | 1,073,606 |
9. UAE | 850,981 |
10. Netherlands | 792,685 |
Country | 2025 | Δ 2024 absolute | Δ % 2024 |
1. UK | 1,651,453 | -59,630 | -3.5 |
2. Poland | 619,819 | -56,911 | -8.4 |
3. Iceland | 47,926 | -47,007 | -49.5 |
+188 | +0.0% |
+41,073 | +1.5% |
+141,154 | +8.3% |
-59,630 | -3.5% |
+71,558 | +4.8% |
-12,044 | -0.9% |
+4,069 | +0.4% |
+90,925 | +12.0% |
-26,650 | -3.3% |
+543,935 | +53.3% |
-139,993 | -9.4% |
-441,229 | -29.1% |
+426,026 | +100.3% |
-248,416 | -23.9% |
Summer vacation destinations1 Top long-haul destinations2
1. Antalya | 2. Mallorca | 3. Barcelona | 4. Crete | 5. Venice | 1. Bangkok | 2. New York3 | 3. Taipei | |
6. Larnaca | 7. Split | 8. Malaga | 9. Nice | 10. Rhodes | 4. Beijing | 5. Toronto | 6. Tokyo3 |
Top countries and vacation destinations: Total number of passengers includes local, transfer and transit passengers
Top long-haul destinations: departing passengers, 2025 vs. 2024 and share of total passenger volume in 2025
Passengers at Newark Airport (EWR) and JFK Airport (JFK) are combined under destination New York, and passengers at Haneda Airport (HND) and Narita Airport (NRT) are combined under Tokyo
2025 Share Passengers PAX Δ vs. 2024
Austrian 45.8% 14,915,887 +2.3%
2. Ryanair/Lauda 20.5% 6,659,108 +0.2%
3. Wizz Air 5.6% 1,832,033 -9.2%
4. Eurowings 2.2% 732,246 -6.9%
5. Pegasus Airlines 1.8% 599,740 +21.5%
6. Turkish Airlines 1.7% 555,896 -4.0%
7. Emirates 1.4% 459,918 +2.6%
8. KLM Royal Dutch Airlines 1.2% 383,611 -0.5%
9. SunExpress 1.2% 378,559 -2.5%
10. Iberia 1.1% 344,118 +2.0%
11. British Airways 1.0% 319,929 -9.0%
12. Air France 0.8% 274,212 -4.5%
13. Qatar Airways 0.8% 260,907 -8.6%
14. Air India 0.8% 247,253 +272.6%
Etihad Airways 0.7% 242,983 +17.8%
Lufthansa Group
49.7%
16,174,272
+0.4%
Low-Cost Carrier2 30.2% 9,831,433 +1.5%
Other 13.4% 4,352,715 +12.7%
Lufthansa Gruppe: Austrian, Brussels Airlines, Eurowings, Lufthansa and SWISS
Low-Cost Carrier: Ryanair, Wizzair, easyJet, Jet2.com, airBaltic, Pegasus Airlines, Vueling, Volotea, AirArabia, Transavia etc.
Market share of
airlines
Austrian reports 2.3%
increase in passenger numbers to around 15 million passengers despite impact of conflict in the Middle East; market share remains stable
Solid performance for
Ryanair: decline for Wizz Air over the year as a whole
21
Punctuality in 2025(top 15, hub airports >25 million PAX)1
77.4%
Oslo OSL Copenhagen CPH
Vienna VIE London LHR Munich MUC Rome FCO Dublin DUB London STD Milan MXP Barcelona BCN
Berlin BER Madrid MAD Paris ORY Frankfurt FRA Athens ATH
0,0% 10,0% 20,0% 30,0% 40,0% 50,0% 60,0% 70,0% 80,0% 90,0% 100,0%
EU and European hub airports >25 mn PAX, Source: ACI
Quality
Vienna Airport is one of Europe's most punctual hubs - strengthening Vienna as a destination1
Overall improvement in
punctuality rates
Vienna Airport ranks 1st
among hubs >30mn PAX
22
Growth also assured in the two-runway system3rd runway project will not be continued
Sufficient growth potential with the two-runway system
− Handling of up to 52 million passengers is possible based on the existing two-runway system
− Significant increase in the number of passengers per flight movement (138 PAX/flight
movement in 2025 vs. 71 in 2005) reduces pressure on runway capacity
− Changed passenger mix (Business/Economy) enables improved use of the infrastructure
Still-pending VwGH court decision, higher construction costs, no need on part of airlines
− Airlines rejected refinancing of costs based on higher fees, thus the 3rd runway project
would not be economically viable
− Massive rise in projected construction costs to about € 2 billion
− Still-pending decision of the Supreme Administrative Court (17 months) pertaining to the legal proceedings on an extension of the construction period
− Write-down of € 55.G million in the 2025 balance sheet for previous payments made to the environmental fund and neighbouring communities under the mediation agreement
Traffic development January - April 2026Flughafen Wien Group1 Q1/2026 | Q1/2025 | Δ Q1/2025 | 4/2026 | Δ 4/2025 | 1-4/2026 | Δ 1-4/2025 |
Vienna Airport (millions) 6.1 | 6.0 | 1.6% | 2.6 | -8.2% | 8.7 | -1.5% |
Malta Airport (millions) 2.1 | 1.8 | 15.4% | 1.0 | +13.5% | 3.1 | +14.7% |
Košice Airport (millions) 0.17 | 0.12 | 40.9% | 0.08 | +66.5% | 0.25 | +48.3% |
Vienna Airport s strategic 8.3 | 7.G | 5.3% | 3.7 | -2.1% | 12.0 | +2.G% |
Robust traffic development in Q1/2026, passenger decline in April (-2.1%)
passenger development
investments (VIE, MLA, KSC)
− Slight decline in passenger numbers at Vienna Airport (-1.5%), continued strong momentum in Malta (+14,7%, new destinations, increased flight frequencies, strong winter tourism season), and very high growth in Košice (+48,3%; primarily due to the new domestic route between Košice and Bratislava) in January - April 2026
− Reduction in low-cost carrier capacity (Ryanair, Wizz Air), growth at Austrian Airlines (significantly improved seat load factor, positive effects from Lufthansa strikes in March and April)
− Middle East conflict impacts April traffic figures: Middle East -83%; strong growth to the Far East (+16% year-to-date) and robust intra-European traffic cushion the slump in the Gulf region
24
1) The total number of passengers includes local, transfer and transit passengers, rolling out of comparative figures for 2025
Impact of the Middle East conflictAviation at the center of geopolitical tensions
− Airspace closures, operational disruptions, more complex flight routes, negative demand effects, and rising fuel prices are having a noticeable impact on the global aviation industry
− The 2026 summer flight schedule included connections from Vienna to G destinations in the region,
operated by 8 airlines
− Airlines are increasingly shifting capacity to high-demand destinations; advance bookings confirm a continued strong desire to travel (especially for the vacation season), though booking patterns are becoming increasingly shorter
− Resumption of flights depends on the situation: Airlines are continuously adapting their offerings to the current situation and existing restrictions (temporary suspensions or reactivations)
− Kerosene supply in Vienna currently secured: Due to its immediate proximity to the OMV refinery, Vienna International Airport has a particularly stable and efficient kerosene supply chain; the OMV refineries are operating as scheduled, and there are currently no known shortages of Jet A-1
− High uncertainty: Severity of the impact depends on the duration of the conflict
Airline highlights of the summer flight schedule 2026New airlines, destinations s frequency increases cushion the effects of LCC reductions
Wizz Air and Ryanair have reduced capacities, the home carrier Austrian Airlines is expanding, new airlines and flight offerings in 2026
China Eastern
→ New: 3 frequencies/week to Xi'an since 20 April
Royal Jordanian
WizzAir
Closure of Vienna base operations in mid-March
Ryanair
Reduction by 4 to 14 stationed aircrafts
Austrian Airlines
7 new summer destinations (Alicante, Bastia, Bergen, Bilbao, Mytilini, Ohrid, Ponta Delgada (Azores)) and more than 120 destinations in the peak season
Deployment of a new Boeing 787 Dreamliner as of June 2026
Handover of two more Dreamliners in 2026
→ New: 4 frequencies/week to Amman as of 24 June
AnimaWings
→ New: 2 frequencies/week to Cluj as of 17. July
Salam Air
→ New: 3 frequencies/week to Maskat as of 24 June
airBaltic
→ New: 3 frequencies/week to Tallinn since 30 March
Air Corsica
→ Launch of flights to Ajaccio C Bastia in the summer
Traffic forecast for 2026Flughafen Wien AG Guidance 2026 2025
Passengers approx. 30 million 32.6 million
Flughafen Wien Group Guidance 2026 2025
Passengers approx. 41.5 million 43.4 million
− Slight passenger decline at Vienna Airport in the period January-April (-1.5% to 8.7 million); a decrease in the offering during the summer travel season is expected due to the reduction of low-cost carrier capacities in Vienna; the seat load factor comprises an element of uncertainty in the current situation
− Traffic development to the Far East and Western Europe has been better than expected, partially compensating
for the reduced offering of flights to the Gulf Region
− Ongoing dynamic development in Malta and Košice (January - April +14.7% and +48.4% respectively), continuoued passenger growth anticipated throughout the year
− The Middle East conflict heightens uncertainty regarding passenger development
Austrian aviation needs a stimulus for growthReducing or eliminating the aviation tax is a priority
The Austrian aviation industry is an indispensable driver of the economy and tourism
− Value added of € 25.1 billion - approximately 4.G% of GDP
− Vienna Airport: Cost pressure on the hub is mounting; low-cost carriers are reducing and shifting capacity
− Regional airports are under pressure in a challenging market environment
Airport tax is a competitive disadvantage and a barrier to growth
− Aviation tax puts the Vienna hub and home carrier Austrian at a disadvantage compared to other hubs in the Lufthansa Group (Switzerland and Italy have no airport tax; Germany reduced its tax in 2026)
− Aviation tax reduces the profitability of low-cost carriers in Vienna - hence the reduction in LCC capacity in Vienna and the shift to Bratislava (no airport tax)
Need for action: Reduction or elimination of aviation tax is a priority
− Additional pressure: Sustainability transformation increases cost burdens for airlines and airports (mandatory sustainable aviation fuel (SAF) blending, EU Emissions Trading System, electrification of apron areas)
AirportFurther passenger growth results in 5.G% revenue increase to € 536.5 million
− Passenger growth (+2.6% in 2025, strong momentum with
+5.1% in Q4/2025) and fee adjustments (passenger charges +4.6%) led to a 5.1% rise in passenger-related fees to € 390.2 million
− Earnings negatively impacted by the derecognition of assets (€ 55.9 million) as the result of the decision to no longer pursue the 3rd runway project
− Airport segment delivers highest EBITDA contribution at
€ million | 2025 | 2024 | Δ |
External revenue | 536.5 | 506.6 | +5.9% |
EBITDA | 169.2 | 204.3 | -17.2% |
EBIT | 96.0 | 126.3 | -24.0% |
Revenue distribution Airport 2025
48% (adjusted for the derecognition of assets)
− Reduction of passenger (-4.5%) and landing fees (-2.1%) in 2026: the expiration of the special Covid-19 regulation means a return to the legally stipulated formula for airport charges
12%
73%
15%
aircraft related fees,
+10%
passenger related fees,
+5%
Infrastructure revenues,
+6%
1) In adding up rounded totals and percentages, rounding
2G differences may occur due to the use of automatic calculation
tools.
Awards for Vienna AirportHigh service quality and first-class passenger experience
ASQ Award: "Best Airports at
Departures 25-40 Mio. PAX"
Priority Pass:
"Lounge of the year"
Skytrax Award "Best Airport Staff in Europe 2025"
− The ASQ Award ranks among the most important international benchmarks for service quality
− Assessment of factors such as orientation, processes, cleanliness and the experience at the airport
− Vienna Airport stands out due to its
efficient processes, short
distances, high quality of people's
stay and a strong focus on service
30
− VIENNA Lounge named the Best Airport Lounge in Europe for the third year in a row
− Quality of the furnishings, customer service, variety and quality of food and beverages as well as overall satisfaction as the evaluation criteria
− Security screening: Short wait times and a high level of expertise
− Winter maintenance: A 500-person VIE team keeps approximately
2.6 million m2 of apron space and aircraft free of snow and ice
2

