Earnings release
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Vienna Airport sets new passenger records in 2025 with 43.4 million (Flughafen Wien Group) and 32.6 million (Vienna) and record cargo volume Traffic guidance for 2026: 41.5 million (Group) and 30 million at Vienna Airport – reductions by low-cost carriers weigh on passenger development Financial outlook for 2026: Cost-cutting programme secures stable net profit of € 210 million despite fare reduction (-4.6%) and slight decline in passenger numbers – this corresponds to the earnings guidance for 2025 – Record investments of € 330 million planned 2026 brings challenges: Austrians’ appetite for travel remains strong, but high location costs due to the aviation tax are slowing growth: New airlines and flight offers in 2026, but Ryanair and Wizz Air are cutting capacity in Vienna – Passenger volumes remain high, fee reductions increase competitiveness but weigh on revenue development • Top destinations for air travel in 2025: Antalya, Mallorca and Barcelona were the most popular summer vacation destinations – Bangkok, New York and Taipei as the leading long- haul destinations – Germany, Spain and Italy were the top three country destinations in 2025 “2025 was an absolute record year – Asia and the Middle East grew strongly – 2026 brings challenges – action needed on aviation tax” “2025 turned out to be a new record year for Vienna Airport: with 32.6 million passengers, we reached a new all-time high in Vienna. Our international strategic investments are also developing very strongly: Kosice Airport achieved growth of 12.2% in 2025, with over 825,000 passengers. Malta Airport exceeded the 10 million passenger mark for the first time with an increase of 12.3% and is now making a considerable contribution to earnings. 2026 will bring a slight decline in passenger numbers, albeit at a high level: we expect around 30 million passengers in Vienna and 41.5 million passengers in the Group. The announced expansion of services by Austrian Airlines and many other airlines will contribute positively to this, as well as the Asian market is growing strongly. The capacity reductions by Ryanair and Wizz Air, which are shifting capacity to Bratislava, where there is no aviation tax, are having a negative impact. This demonstrates the high cost pressure on aviation locations, which Vienna Airport is also facing. Although our fee reduction will increase our international competitiveness, it would be essential to abolish or at least reduce the government aviation tax,” states Julian Jäger, Joint CEO and COO of Vienna Airport. “Financial outlook for 2026: Cost-cutting programme secures stable net profit of € 210 million despite fare reduction (-4.6%) and slight decline in passenger numbers – Record investments of € 330 million planned at Vienna and Malta locations – EU aviation regulations that hinder growth in urgent need of reform” “Thanks to a cost-cutting programme for material and personnel costs, the Flughafen Wien Group will achieve a net result of € 210 million in 2026 despite lower fares and a decline in passenger numbers, which is in line with the forecast result for 2025. As we expect growth to return in the future, a record sum of around € 330 million will be invested in Vienna and Malta, with investments at the Vienna site being covered by own funds without the need for loans. In addition to the major Terminal 3 Southern Extension project, 2026 will see the start of construction of Office Park 4 NEXT with 17,000 m² of office space, as well as the construction of Austria's new Schengen external border
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at the airport. Around € 6.5 million will be invested in this project. The EU aviation regulation, which is detrimental to growth, is in urgent need of reform – all targets, including those for SAF development, are currently being missed. Austria must finally implement the acceleration of procedures promised in the government programme by amending the EIA procedure,” concludes Günther Ofner, Joint CEO and CFO of Vienna Airport. 2025 passenger development: Flughafen Wien Group handled 43.4 million passengers (+4.9%) The Flughafen Wien Group (Vienna Airport and the international strategic investments in Malta Airport and Kosice Airport) reported an increase of passenger traffic in the period January-December 2025 to a total of 43,446,207 travellers, comprising a rise of 4.9% year-on-year. Passenger development in 2025: 32.6 million passengers at Vienna Airport (+2.6%) Vienna Airport registered a 2.6% rise in the number of passengers it handled in the period January to December 2025 to 32,559,115 travellers. The number of local passengers at Vienna Airport climbed by 3.5% to 25,735,347 travellers, whereas transfer passenger traffic was down 2.9% to 6,563,414. Capacity utilisation of the aircraft (seat load factor) also declined slightly, equalling 80.5% for the entire year 2025 (-0.3pp vs. 2024). Cargo volume (air cargo and trucking) showed an increase of 5.3% from the previous year to 313,763 tonnes. Top travel destinations in 2025: Vacation destination of Antalya, Germany the most popular country, Bangkok as the top long-haul route The most popular vacation destinations for flights departing from Vienna Airport in 2025 were Antalya, Mallorca and Barcelona. Bangkok, New York and Taipei were the top three among long-haul routes. Germany, Spain and Italy comprised the most popular country destinations. In 2025, Türkiye, Israel and the United Arab Emirates (UAE) recorded the strongest passenger growth in a year-on-year comparison. Passenger record for international strategic investments In 2025, the international strategic investments of the Flughafen Wien Group clearly outperformed the comparable prior-year figures. Malta Airport reported a passenger volume of 10,061,969 travellers in 2025, representing a rise of 12.3% from the previous year. Accordingly, it surpassed the threshold of ten million passengers for the first time. Kosice Airport also generated strong growth of 12.2% YoY to 825,123 passengers in 2025. Passenger outlook for 2026: Approx. 41.5 million passengers expected in the Flughafen Wien Group and about 30 million passengers at Vienna Airport Flughafen Wien AG expects about 30 million passengers at Vienna Airport and approx. 41.5 million in the Flughafen Wien Group (Vienna Airport and the international strategic investments in Malta Airport and Kosice Airport) in the entire year 2026. Financial guidance for 2026 Flughafen Wien AG expects total revenue of approx. € 1,050 million in the entire year 2026, along with an EBITDA of about € 415 million, profit for the period before minority interests of around € 210 million and a Group net profit for the year after non-controlling interests of around € 185 million. Total capital expenditures are anticipated to be around € 330 million in 2026. The current passenger and financial guidance is based on the assumption that there will not be any additional adverse geopolitical effects or massive restrictions on flight traffic.
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Traffic development in December 2025: Strong growth at the end of the year Flughafen Wien Group handled 3.3 million passengers in December 2025 (+9.3%) In December 2025, the number of passengers handled by the Flughafen Wien Group (Vienna Airport, Malta Airport, Kosice Airport) equalled 3,294,228 travellers (+9.3% vs. December 2024). Vienna Airport: 2.5 million passengers in December 2025 (+6.1%) The number of passengers handled by Vienna Airport in the month of December 2025 also improved, increasing to 2,525,398 travellers, or 6.1% higher than in the prior-year month of December 2024. Traffic development in December 2025 in detail The number of local passengers at Vienna Airport climbed 6.3% from the previous year to 2,137,388 travellers. In contrast, transfer passenger traffic fell 1.9% to 356,112. The number of flight movements in December 2025 rose 4.0% year-on-year to 18,375. Cargo volume at Vienna Airport amounted to 24,714 tonnes in December 2025, comprising a slight decline of 1.2% from the prior- year level. The total number of passengers at Vienna Airport flying to destinations in Western Europe in December 2025 was up by 3.0% year-on-year to 851,953, whereas Eastern European traffic equalled 197,219 passengers (-1.5%). Passenger traffic to North America totalled 34,995 passengers (+6.1%), and the number of passengers flying to Africa increased by 7.6% to a total of 31,743 travellers. Passenger volume to the Middle East in December 2025 was up by 42.8% to 95,052 travellers, whereas passenger traffic flying to Far Eastern destinations amounted to 56,598 passengers, up 7.4% from the previous year. In December 2025, Malta Airport reported an increase in passenger volume to 709,352 travellers (+19.9%) compared to the previous year. The total number of passengers handled at Kosice Airport climbed to 59,478 (+43.7%). Details on the traffic results for December 2025 can be found in the table below.
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Traffic development December 2025 Vienna Airport (VIE) 12/2025 Diff. % 2024 01-12/2025 Diff.% 2024 Passengers arr+dep+transit 2,525,398 +6.1 32,559,115 +2.6 Local passengers arr+dep 2,137,388 +6.3 25,735,347 +3.5 Transfer passengers arr+dep 356,112 -1.9 6,563,414 -2.9 Flight movements arr+dep 18,375 +4.0 240,360 +2.7 Cargo arr+dep (in tonnes) 24,714 -1.2 313,763 +5.3 MTOW (in tonnes) 810,911 +5.6 10,401,963 +3.6 Malta Airport (MLA, fully consolidated) 12/2025 Diff. % 2024 01-12/2025 Diff. % 2024 Passengers arr+dep+transit 709,352 +19.9 10,061,969 +12.3 Local passengers arr+dep 707,061 +19.8 10,048,926 +12.3 Transfer passengers arr+dep 2,188 +58.3 12,366 +0.6 Flight movements arr+dep 5,008 +19.3 65,470 +11.4 Cargo arr+dep (in tonnes) 2,834 +36.9 27,151 +22.3 MTOW (in tonnes) 198,883 +21.7 2,561,531 +12.4 Kosice Airport (KSC, consolidated at equity) 12/2025 Diff. % 2024 01-12/2025 Diff. % 2024 Passengers arr+dep+transit 59,478 +43.7 825,123 +12.2 Local passengers arr+dep 59,478 +43.7 825,123 +12.2 Transfer passengers arr+dep 0 n.a. 0 n.a. Flight movements arr+dep 421 +21.7 6,200 +7.7 Cargo arr+dep (in tonnes) 0 +204.4 3 -1.2 MTOW (in tonnes) 14,158 +32.7 204,297 +15.5 Vienna Airport and strategic investments (VIE, MLA, KSC) 12/2025 Diff. % 2024 01-12/2025 Diff. % 2024 Passengers arr+dep+transit 3,294,228 +9.3 43,446,207 +4.9 Local passengers arr+dep 2,903,927 +9.9 36,609,396 +6.0 Transfer passengers arr+dep 358,300 -1.7 6,575,780 -2.9 Flight movements arr+dep 23,804 +7.2 312,030 +4.5 Cargo arr+dep (in tonnes) 27,549 +1.7 340,917 +6.5 MTOW (in tonnes) 1,023,952 +8.7 13,167,791 +5.4 Note: Total number of passengers includes local, transfer and transit passengers, Traffic data adjusted.
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Disclaimer All statements made in this press release that refer to future developments of Flughafen Wien AG/Flughafen- Wien-Group are based on current assumptions and forecasts of the management. If the premises for these forecasts do not occur or risks indicated in the risk report arise, actual results may vary from these estimates. Despite the utmost care, all forward-looking statements are therefore made without guarantee and Flughafen Wien AG/Flughafen-Wien-Group assumes no obligation to update these forward-looking statements or to conform them to future events or developments. Contact: Corporate Communications of Flughafen Wien AG Press Office Investor Relations Peter Kleemann, Company Spokesman Bernd Maurer Tel.: (+43-1-) 7007-23000 Tel.: (+43-1-) 7007-23126 E-Mail: p.kleemann@viennaairport.com E-Mail: b.maurer@viennaairport.com Website: www.viennaairport.com www.facebook.com/flughafenwien twitter.com/flughafen_wien www.instagram.com/vienna_airport www.linkedin.com/company/vienna-international-airport 2/26 KP/PK 20th of January 2026